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Wheaton Precious MetalsWPM.TOWAITJul 13, 2015Stock 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.
Recently reached an agreement with the government on taxation, which has had an impact. They own royalties for silver production, and whatever the price of silver does tells what the stock is going to do going forward. This, along with other silver stocks, is finally trying to form a bottom. There are no indications of this yet, but he is expecting it in the next 3-4 weeks.