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.
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.
He was looking for a simple silver oriented stock that was outperforming the market, and this one fit the pattern. Seasonally, the strong period is normally from around mid-December right through until around the end of March. This year it looks like we are into the group once again. Technically, the chart shows the stock is bottoming out and starting to move higher. It is starting to outperform the market as well as the gold and precious metals sector. If it gets above $26-$27, that will confirm the seasonal factors are coming into play. (Analysts’ price target is $26.33.)
He was looking for a simple silver oriented stock that was outperforming the market, and this one fit the pattern. Seasonally, the strong period is normally from around mid-December right through until around the end of March. This year it looks like we are into the group once again. Technically, the chart shows the stock is bottoming out and starting to move higher. It is starting to outperform the market as well as the gold and precious metals sector. If it gets above $26-$27, that will confirm the seasonal factors are coming into play. (Analysts’ price target is $26.33.)
He looks at a number of these royalty companies, but when it comes down to it, it is the price that they sell for. They are very good businesses, but from a “price to cash flow point” of view, they always look fairly expensive. They have to keep finding longer-term investments that hopefully won’t be delayed too long coming into fruition. This has been one of the better managed of the group. If looking for a dividend stream over a period of time, this is probably a fairly safe investment. In terms of capital appreciation though, he would be a little wary. Trading at 28X forward earnings.
He looks at a number of these royalty companies, but when it comes down to it, it is the price that they sell for. They are very good businesses, but from a “price to cash flow point” of view, they always look fairly expensive. They have to keep finding longer-term investments that hopefully won’t be delayed too long coming into fruition. This has been one of the better managed of the group. If looking for a dividend stream over a period of time, this is probably a fairly safe investment. In terms of capital appreciation though, he would be a little wary. Trading at 28X forward earnings.
A royalty company which, up until recently, focused only on silver. They are now moving into gold and will be changing their name to Wheaton Special Metals. There are a couple of things to be wary on. They have an outstanding CRA court case that could be quite big for them, but is something that would be dragging on for the next 5 years. However, the environment for royalties and for these companies to get things done, is still very robust. He loves the space, but would be a little bit wary of this company.
A royalty company which, up until recently, focused only on silver. They are now moving into gold and will be changing their name to Wheaton Special Metals. There are a couple of things to be wary on. They have an outstanding CRA court case that could be quite big for them, but is something that would be dragging on for the next 5 years. However, the environment for royalties and for these companies to get things done, is still very robust. He loves the space, but would be a little bit wary of this company.
If you like sliver this is the best way to go. They buy streams and are well managed. This is how she plays silver when she needs to.
He is pretty fond of the royalty space in general, particularly precious metals. (He owns Franco Nevada (FNV-T).) He is constructive on precious metals, and views it as an inflation hedge. This is not an unreasonable name.
This is well down from where it was in the past. A company that basically invests contracts to get the metal at a fixed cheap price. This is being challenged by some of the local governments, particularly in Central America. It is an ongoing problem. Right now, he is neutral on precious metals. If he were to see the silver price take off, he would become a little more positive. Right now, he would wait on the sidelines.
This is well down from where it was in the past. A company that basically invests contracts to get the metal at a fixed cheap price. This is being challenged by some of the local governments, particularly in Central America. It is an ongoing problem. Right now, he is neutral on precious metals. If he were to see the silver price take off, he would become a little more positive. Right now, he would wait on the sidelines.
He was a founding shareholder. It is the highest quality of the silver equities. The government is trying to shake them down in a tax dispute, but he thinks the case is unfounded. A settlement will be viewed unfavourably by shareholders, but he thinks it is baked into the price and will not be significant.
He was a founding shareholder. It is the highest quality of the silver equities. The government is trying to shake them down in a tax dispute, but he thinks the case is unfounded. A settlement will be viewed unfavourably by shareholders, but he thinks it is baked into the price and will not be significant.
Wheaton Precious Metals is a Canadian stock, trading under the symbol WPM-T on the Toronto Stock Exchange (WPM-CT). It is usually referred to as TSX:WPM or WPM-T
In the last year, 3 stock analysts published opinions about WPM-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Wheaton Precious Metals.
Wheaton Precious Metals was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2020-08-21. Read the latest stock experts ratings for Wheaton Precious Metals.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Wheaton Precious Metals In the last year. It is a trending stock that is worth watching.
On 2021-01-22, Wheaton Precious Metals (WPM-T) stock closed at a price of $51.84.