With that in mind, let’s take a closer look at Silver Wheaton and see what CAPS investors are saying about the stock right now.
Silver Wheaton facts
Headquarters | Vancouver, Canada |
Market Cap | $12.5 billion |
Industry | Precious metals and minerals |
Trailing-12-Month Revenue | $754.2 million |
Management | Co-Founder/CEO Randy Smallwood
CFO Gary Brown |
Return on Equity (average, past 3 years) | 16.2% |
Cash/Debt | $555.1 million / $57.2 million |
Dividend Yield | 0.8% |
Competitors | Goldcorp Inc. (USA) (NYSE:GG) Pan American Silver Corp. (USA) (NASDAQ:PAAS) Hecla Mining Company (NYSE:HL) |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 2,727 members who have rated Silver Wheaton believe the stock will outperform the S&P 500 going forward.
Just last week, one of those Fools, KenMcG6150, succinctly summed up the bull case for our community:
Silver Wheaton is what is known as a royalty streaming business. In short, they purchase long-term minerals from early stage mining companies who need cash on very attractive terms. … This provides with the opportunity to acquire the metal without accepting any of the associated risks of operating a mine. I believe the inflationary monetary policies of our government, coupled with the inability or unwillingness of our politicians to address deficit spending in any significant way, will continue to result in a further devaluation of our paper currency and that this will result in a continued rise in the prices of gold, silver and platinum.
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The article Why Silver Wheaton Is Poised to Outperform originally appeared on Fool.com and is written by Brian Pacampara.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.
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