Expansion of the existing position after yesterday's price decline.
Share of mining companies ($GLEN (+1.73%)
$AAL (+0.56%)
$WPM (-0.07%) ) in the total portfolio is now just under 6%.
Expansion of the existing position after yesterday's price decline.
Share of mining companies ($GLEN (+1.73%)
$AAL (+0.56%)
$WPM (-0.07%) ) in the total portfolio is now just under 6%.
Just before AZH!
Wheaton $WPM (-0.07%)
What I find good here ?
In my view, streaming companies have a lower risk than pure mine operators in terms of cost problems, personnel or or ...
Gold is also mined at Wheaton, silver is now increasingly in demand in the market worldwide as a hedge.
In addition, silver is used in countless industries, including strongly in renewable energies.
Canadian mining company Wheaton Precious Metals (formerly Silver Wheaton Corporation) is one of the largest silver streaming companies in the world. The company holds an extensive asset portfolio in silver and precious metals streaming. Key mines from which the Company sources silver, gold and precious metals are Barrick's Pascua-Lama project, Hudbay's flagship 777 mine and the Constancia project. The company's head office is in Vancouver.
Source: Facunda financial data GmbH Less
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Enclosed My Portfolio at Wiki
The price target is $56.38 and the stock is covered by 13 analysts.
Buy
11
Hold
1
Sell
1
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company is primarily engaged in the sale of precious metals, including gold, silver, palladium, and cobalt. It has streaming agreements for about 19 operating mines and 13 development stage projects. Its operating assets include Salobo mine (Salobo), Antamina, Penasquito, Constancia, Sudbury, Stillwater, San Dimas, Voisey’s Bay, Other Gold, and Other Silver. Its development assets include Blackwater Project, Marmato Mine, Copper World Complex, Goose Project, and Curipamba Project, and others. The Salobo is the copper deposit located in Brazil. Salobo is an integrated operation of open pit mining, mineral processing beneficiation, concentrate loading and transportation. The Antamina mine is a copper mine. The Antamina mine is located in the Andes Mountain range of Peru at an average elevation of 4,200 meters. The Penasquito is a gold mine and silver mine as well as the producers of zinc and lead.