March 12, 2021 | Daily JAM, Volatility, WPM |
Before you get too excited by that headline, note that a 30% hike in the dividend at Wheaton Precious Metals (WPM) will bring the payout to just 13 cents for the first quarter of 2021. But that’s still, as my grandmother used to say, better than a poke in the eye with a sharp stick. At the least it’s a vote of confidence by the company’s board of directors that they see strong revenue and earnings growth in the year ahead. Wheaton Precious Metals doesn’t actually do any mining itself. Instead it purchases a stream of production from miners of precious metals and cobalt.
February 22, 2019 | Daily JAM, Stock Alerts, WPM |
After the close today, Wheaton Precious Metals (WPM) told investors and traders that 2018 production exceeded previous guidance and that production in 2019 is forecast at 365,000 ounces of gold, 24.5 million ounces of silver, and 22,000 ounce of palladium. That's the...
June 14, 2018 | Daily JAM, Stock Alerts, Volatility, WPM |
Yesterday in Part 3 of my Special Report on "Investing in a Late Cycle Market" I made Wheaton Precious Metals (WPM) one of my "musical chairs" picks. Please note that I could have argued for buying this stock on its exposure to silver and gold. (Gold and silver will...
