TSE:WPM
52.25
0.27
(0.51%)
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
Chart
BUY
BUY
May 26, 2021
Not keen on gold companies since they are perpetually expensive. Next generation of gold bugs seem to be more interested in crypto. Owning the physical commodity may be the better bet. When gold prices go up, cost goes up so he prefers streamers more than producers. Holding metals in the long term, he prefers WPM due to it having a more narrow basket. FNV owns a lot of different mining royalties that give diversification but also makes it more complicated. Both are fine.
Show full opinionHide full opinion
Not keen on gold companies since they are perpetually expensive. Next generation of gold bugs seem to be more interested in crypto. Owning the physical commodity may be the better bet. When gold prices go up, cost goes up so he prefers streamers more than producers. Holding metals in the long term, he prefers WPM due to it having a more narrow basket. FNV owns a lot of different mining royalties that give diversification but also makes it more complicated. Both are fine.
BUY
BUY
August 21, 2020
In general, the precious metals sector is positive. They are a processor so they do not have the mining risk. Basically, they get a royalty of what they are processing. It is levered to the price of gold. We are looking at 50%+ upside for gold stocks.
Show full opinionHide full opinionIn general, the precious metals sector is positive. They are a processor so they do not have the mining risk. Basically, they get a royalty of what they are processing. It is levered to the price of gold. We are looking at 50%+ upside for gold stocks.
DON'T BUY
DON'T BUY
February 21, 2020
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.
PAST TOP PICK
PAST TOP PICK
February 18, 2020
(A Top Pick Jul 22/19, Up 16%) The theme of precious metals is gaining momentum and these stocks have been rising since last year. People are seeking yield in precious metals during a time of low interest rates. He still holds this. He's not surprised with the gold rally lately, but will the next generation buy it?
Show full opinionHide full opinion(A Top Pick Jul 22/19, Up 16%) The theme of precious metals is gaining momentum and these stocks have been rising since last year. People are seeking yield in precious metals during a time of low interest rates. He still holds this. He's not surprised with the gold rally lately, but will the next generation buy it?
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.
Show full opinionHide full opinionHe 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.
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.
Show full opinionHide full opinionThey hit tech resistance at $40-41, then ricochet. It may do that again at $29.30. Likes the outlook for all precious metals.
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)
Show full opinionHide full opinionA 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)
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.
Show full opinionHide full opinionThere 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.
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.
Show full opinionHide full opinionHe 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.
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.)
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.
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.
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.
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.
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.
Wheaton Precious Metals(WPM-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Wheaton Precious Metals(WPM-T) Frequently Asked Questions
What is Wheaton Precious Metals stock symbol?
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
Is Wheaton Precious Metals a buy or a sell?
In the last year, 1 stock analyst published opinions about WPM-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Wheaton Precious Metals.
Is Wheaton Precious Metals a good investment or a top pick?
Wheaton Precious Metals was recommended as a Top Pick by Kevin Burkett on 2021-05-26. Read the latest stock experts ratings for Wheaton Precious Metals.
Why is Wheaton Precious Metals stock dropping?
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.
Is Wheaton Precious Metals worth watching?
1 stock analyst on Stockchase covered Wheaton Precious Metals In the last year. It is a trending stock that is worth watching.
What is Wheaton Precious Metals stock price?
On 2021-09-20, Wheaton Precious Metals (WPM-T) stock closed at a price of $52.25.
