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Wheaton Precious MetalsWPM.TOHOLDDec 23, 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.
They are under tax loss selling for another day or so. It’s been a tough year. You could not replace the assets at the current stock price. You need a pickup in bullion to get these guys going. Thinks we may need one more leg down to chase out the last of the momentum guys. Wait for the bounce at least.