
TSE:WPM
This summary was created by AI, based on 10 opinions in the last 12 months.
Wheaton Precious Metals (WPM) garners mixed opinions from analysts, with a general optimism towards its potential in the gold market. Many experts believe that WPM serves as an effective diversifier and holds up well amidst market uncertainties, particularly with ongoing central bank purchases. Despite some concerns regarding recent price peaks and potential for corrections in the broader metals market, several experts maintain a bullish outlook, especially for long-term investors who are positive about gold prices. The company is viewed favorably due to its strong cash flow, minimal debt, and growth potential, although a few analysts advise caution in the near term due to anticipated market corrections. Overall, WPM is seen as a solid investment, particularly for those holding a long-term perspective on gold and seeking exposure to the royalty aspect rather than direct mining risks.
Probably a long-term Buy but you can afford to be patient. Silver price is down to about $23. This is one of the ones in the precious metals area that he likes from the longer-term point of view because it has very good volume growth. Margins a very wide and they have low overhead. If he was a trader, he could consider buying this for a flip.
Owns this in more aggressive accounts on the metals side. Can’t quite understand why there is a level of panic. Silver is an industrial commodity as well as precious metal. They don’t own any mines. It is basically paid a tariff on funds it has lent in the past. If you are going into silver market, this is one of the safer places. Probably worth looking at on this price level.
Sandstorm Gold (SSL-T) or Silver Wheaton (SLW-T)? Depends on your risk profile. Sandstorm is a smaller cap royalty play. With this one, you are really going with a larger cap that plays with the bigger companies.. Sandstorm is a lot riskier as their royalty deals are more with the junior mining companies.
We are at the $31 level which is exactly where support lies. Whenever we come back to support we want to see it bounce off it and prove it can hold rather than blowing through to the downside. If it holds it will be reasonable as a trade. Silver itself is looking pretty oversold and may be in for a bounce.
His favourite way to get exposure to silver. Trading at net asset value. Risk reward is good. 5% free cash flow. 2% dividend.