
TSE:WPM
This summary was created by AI, based on 11 opinions in the last 12 months.
Wheaton Precious Metals (WPM) is viewed positively by multiple experts, with many considering it a strong addition to a diversified portfolio, especially for those bullish on gold. The company is highlighted for its unique position as a royalty streamer, providing exposure to gold prices while mitigating risks associated with mining. Several analysts express caution about the market's current volatility, suggesting that while WPM is a solid investment, it might not be the best time to increase exposure. Predictions for the company's future growth remain optimistic, with price targets suggesting significant upside potential. However, there is also recognition of recent peaks in the sector that indicate a potential need for consolidation before further advancement.
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.