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Wheaton Precious MetalsWPM.TOBUYJul 11, 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.
Silver is starting to show signs of improvement, and this stock is in that category. Chart shows it has moved up in the last 6 weeks, and has just had a gorgeous breakout. Outperforming the market and above its 20 day moving average. Trend is positive. Also, it has now entered into its period of Seasonal strength. This is good right through until at least the beginning of October.