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Wheaton Precious MetalsWPM.TOBUYApr 05, 2013Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
He bought them a long time ago and sold with profit. They would be in the same class as Franco-Nevada. WPM is not going to finance anymore. The cashflow is what it is and there will be little upside since it is a royalty company. He would prefer Franco-Nevada. He would look elsewhere where you can get appreciation.
We are at the $31 level which is exactly where support lies. Whenever we come back to support we want to see it bounce off it and prove it can hold rather than blowing through to the downside. If it holds it will be reasonable as a trade. Silver itself is looking pretty oversold and may be in for a bounce.