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Wheaton Precious MetalsWPM.TOCOMMENTSep 30, 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.
Not a huge fan of materials, energy and commodity sectors. However, he likes this because it is a royalty name. They just share financing costs, and then they take the money off the top and paying it out as a dividend to shareholders. He likes the model, and if you want to get involved in the space, this is a good name to be in.