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Wheaton Precious MetalsWPM.TOCOMMENTApr 03, 2014Stock 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.
He has just a little bit left in his portfolio. He likes it and would add it to any of his clients’ portfolios that doesn’t want to take the production exposure of the silver companies. Has been selling his holdings to buy the producers. The producers’ prices right now are ridiculous. Not a bad one to be adding at this point.