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Wheaton Precious MetalsWPM.TOCOMMENTNov 18, 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.
Sold his holdings a couple of months ago and made some very good profits, and doesn’t see a lot of reasons to own at this time. There is inflation in the market, the US$ is moving higher, so there are not a lot of reasons to own precious metals.