Wheaton Precious Metals

WPM-T

TSE:WPM

36.39
0.54 (1.51%)
Silver Wheaton Corp. is a pure play silver mining company, the largest in the business of silver streaming.
More at Wikipedia

Analysis and Opinions about WPM-T

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
November 20, 2019
He owned it years ago. He still likes it. Has a $51 target. But if you're adding a royalty company, start with FNV. Wheaton will offer upside, but others will have better production upside.
He owned it years ago. He still likes it. Has a $51 target. But if you're adding a royalty company, start with FNV. Wheaton will offer upside, but others will have better production upside.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$36.900
Owned
Unknown
BUY
BUY
October 22, 2019
They hit tech resistance at $40-41, then ricochet. It may do that again at $29.30. Likes the outlook for all precious metals.
They hit tech resistance at $40-41, then ricochet. It may do that again at $29.30. Likes the outlook for all precious metals.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$34.250
Owned
Unknown
TOP PICK
TOP PICK
July 22, 2019
A gold and silver royalty streaming company, diversifed by geography and assets. They've settled their CRA problems well. A low-risk play on precious metals that trades at a discount to its peers. (Analysts’ price target is $39.36)
A gold and silver royalty streaming company, diversifed by geography and assets. They've settled their CRA problems well. A low-risk play on precious metals that trades at a discount to its peers. (Analysts’ price target is $39.36)
Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$35.650
Owned
Yes
HOLD
HOLD
March 4, 2019
There are no generalist investors left, only a few specialist investors. The sector has been left for dead. When the tide turns the capital will go into WPM-T first. He has a holding to be positioned for the next bull market. They have 5% free cash flow yield. The large caps have slimmer margins.
There are no generalist investors left, only a few specialist investors. The sector has been left for dead. When the tide turns the capital will go into WPM-T first. He has a holding to be positioned for the next bull market. They have 5% free cash flow yield. The large caps have slimmer margins.
Jon Case
Portfolio Manager, Sentry Investments
Price
$28.600
Owned
Yes
WATCH
WATCH
November 28, 2018
He has owned Franco-Nevada historically instead. This is getting back to more attractive multiples and would be a good investment if you believed commodity prices were going higher.
He has owned Franco-Nevada historically instead. This is getting back to more attractive multiples and would be a good investment if you believed commodity prices were going higher.
Bryden Teich
Portfolio Manager, Avenue Investment Management
Price
$20.960
Owned
No
TOP PICK
TOP PICK
November 28, 2017

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.)

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$26.960
Owned
No
COMMENT
COMMENT
July 21, 2017

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.

Michael Sprung
President, Sprung Investment Management
Price
$25.090
Owned
No
COMMENT
COMMENT
April 4, 2017

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.

Gerard Ferguson
CEO & Portfolio Manager, Jemekk Capital Management
Price
$28.540
Owned
Unknown
VAGUE
VAGUE
March 30, 2017

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.

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.

Veronika Hirsch
Chief Investment Officer, Arrow Capital
Price
$27.080
Owned
Unknown
COMMENT
COMMENT
March 14, 2017

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.

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.

Daniel Lloyd
Portfolio Manager, Forge First Asset Management
Price
$25.590
Owned
No
DON'T BUY
DON'T BUY
March 3, 2017

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.

David Cockfield
Managing Director, Northland Wealth Management
Price
$26.080
Owned
Unknown
BUY
BUY
March 2, 2017

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.

Rick Rule
Pres. & CEO, Sprott USA
Price
$25.750
Owned
Yes
SELL STRENGTH
SELL STRENGTH
January 16, 2017

Silver Technicals: It is a speculation on money, inflation and so on. Gold broke $1200 support recently, so we will see some resistance at $1250 soon. He is out of all his gold shares. He is inclined to sell into this pop a little bit. He would then buy the dips after that.

Silver Technicals: It is a speculation on money, inflation and so on. Gold broke $1200 support recently, so we will see some resistance at $1250 soon. He is out of all his gold shares. He is inclined to sell into this pop a little bit. He would then buy the dips after that.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$26.960
Owned
Unknown
DON'T BUY
DON'T BUY
January 16, 2017

He does not trade these stocks because they are volatile and don’t have traditional earnings. He thinks of them as defensives. They peaked in the summer. He would argue that they are tied to the path of interest rates in the future. You don’t need to own gold as much right now. They don’t have operating risk so have high PE. It is not attractive to him.

He does not trade these stocks because they are volatile and don’t have traditional earnings. He thinks of them as defensives. They peaked in the summer. He would argue that they are tied to the path of interest rates in the future. You don’t need to own gold as much right now. They don’t have operating risk so have high PE. It is not attractive to him.

Jason Mann
CIO & Co-Founder, Edgehill Patners
Price
$26.960
Owned
Unknown
BUY
BUY
January 12, 2017

He thinks it will get the same benefit as gold. It looks like it is finding a support level on the chart and it is probably not a bad opportunity to step in at that support level. It will be more of an inflation protection than anything else.

He thinks it will get the same benefit as gold. It looks like it is finding a support level on the chart and it is probably not a bad opportunity to step in at that support level. It will be more of an inflation protection than anything else.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$26.370
Owned
Unknown
Showing 1 to 15 of 274 entries