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Wheaton Precious MetalsWPM.TOBUYJul 04, 2016Stock 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.
It is touching a 52 week high. They are a royalty structure. That eliminates a lot of the risk. There is a lack of faith from central bankers. Gold and silver prices have moved up. He would wait for it to pull back a bit. It is a play on the price of silver. He is watching this area.