Is Wheaton Precious Metals A Buy?

Is Wheaton precious metals a buy? Wheaton Precious Metals has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.

What is Silver Wheaton selling today?

$ 41.97

Close Chg Chg %
$41.98 -0.71 -1.66%

What happened to Silver Wheaton Corporation?

The change of name to Wheaton Precious Metals is effective May 10, 2017 . Concurrently, the Company's wholly owned subsidiary, Silver Wheaton (Caymans) Ltd. will change its name to Wheaton Precious Metals International Ltd.

How does Wheaton precious metals make money?

Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments.

Will WPM stock go up?

Will Wheaton Precious Metals stock price grow / rise / go up? Yes. The WPM stock price can go up from 41.980 USD to 42.350 USD in one year.

Related investments for Is Wheaton Precious Metals A Buy?

Why is WPM stock going down?

Wheaton's (WPM) top line declines due to a reduction in average realized gold equivalent price and lower number of gold equivalent ounces sold in Q3.

Is Wheaton precious metals a royalty company?

Wheaton Precious Metals Not The Biggest Royalty Company But One Of The Best. Bob Kirtley has traded options and stocks since 1980.

Who owns Wheaton precious metals?

Wheaton Precious Metals Corp. is a multinational precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies (including Barrick Gold and Goldcorp) as a by-product of their main operations.

Wheaton Precious Metals.

Type Public

Is Wheaton precious metals a streaming company?

Wheaton Precious Metals, Franco-Nevada, Royal Gold, Osisko Mining and Sandstorm Gold are the largest precious metals streaming companies.

What does Wheaton precious metals do?

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company.

Is WPM a good buy?

Out of 4 analysts, 2 (50%) are recommending WPM as a Strong Buy, 1 (25%) are recommending WPM as a Buy, 1 (25%) are recommending WPM as a Hold, 0 (0%) are recommending WPM as a Sell, and 0 (0%) are recommending WPM as a Strong Sell. What is WPM's earnings growth forecast for 2021-2023?

Is WPM a good stock to buy?

The financial health and growth prospects of WPM, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.

Is WPM a good stock?

Quality Earnings: WPM has high quality earnings. Growing Profit Margin: WPM's current net profit margins (50.9%) are higher than last year (37.3%).

Which are precious metals?

The four primary precious metals are gold, silver, platinum, and palladium.

How does silver streaming work?

In the case of silver streaming, a streaming company would offer a silver exploration or mining company an upfront cash payment for silver output from a mine not yet in production; the streaming company would later receive the agreed-upon percentage of the mine's output.

How does gold streaming work?

A gold royalty is a contract that gives the owner (a gold royalty company) the right to a percentage of gold production or revenue in exchange for an upfront payment. Gold royalty companies will also purchase pre-existing royalties as a way to build a diversified portfolio of royalty assets.

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