Wheaton Precious Metals Corp Common Shares (Canada) (WPM)
65.45
+1.43 (2.23%)
Wheaton Precious Metals is a leading precious metals streaming company that primarily focuses on the acquisition of gold and silver production from mining companies around the world
Instead of directly owning and operating mines, Wheaton provides upfront financing to mining companies in exchange for the rights to purchase a percentage of their future metal production at predetermined prices. This innovative model allows Wheaton to generate revenue from precious metals while minimizing the risks associated with traditional mining operations. The company plays a pivotal role in the resources industry, supporting mining projects and facilitating investments in sustainable and responsible mining practices.
Stocks enjoyed a decent day as tech and semiconductors led the crowd to the upside. Gold hit new all-time highs and silver surged, which is just more confirmation that we’re on the right track to be bullish here.
In this article, we’ll explore five top gold and silver royalty and streaming stocks. Each of these companies has a market capitalization exceeding $1 billion and offers a dividend yield above 1%.
Three new sector seasonalities begin in the month of July. One is for gold and silver mining stocks. The VanEck Gold Miners ETF (GDX) is our preferred ETF to take advantage of seasonal strength.
Coming into this year, very few traders and analysts were talking about precious metals. Now, here we are, on the cusp of a potential continuation of the bull trends in both gold and silver.
