Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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It could depend on what currency you have available when buying. The Toronto, LSE, NYQ and the Mexican listings all track each other when overlaying the SP graphs.
Do ppl buy the USD,CAD or GBP version?
Wondering if WPM is a good way to ride gold and silver prices?
Revenue expected to increase by 30% by 2025 compared to 2023. Plenty of cash and no debt.
If the share price bottomed out last week and on the way back up with the increase in Gold price. The high P/E 28.6 is a bit off-putting, when compared to Serabi 5.2, or Metals Exploration 3.1.
The CEO's Appearance on Sky News Currently
Hey there,
I'm currently researching this company, and it seems quite interesting as a way to invest in precious metals. I noticed that it is listed on the London Stock Exchange (LSE), New York Stock Exchange (NYSE), and Toronto Stock Exchange (TSX). However, I'm a bit confused about the share price and currency. On this website, it shows the share price in GBP and currency as GBP, but when I checked with my broker, HL, it displayed the price in CAD and a ticker symbol "WPM NPV". Could you clarify if HL is quoting me for something other than the LSE listed shares of this company, or is this the usual way to buy Wheaton shares in the UK?
I appreciate any insights you can provide!
Best regards,
I am not familiar with this, but I will be closely monitoring the SP in the coming days.
"The latest development is truly captivating, producing an astonishing annual yield of 24,000 ounces."
I hold GBP London-listed WPM in my Barclays ISA - purchased through Barclays Stockbrokers.
Just following up on this, I’ve now spoken to HL (my SIPP provider). They only allow transactions on the TSX shares of WPM. Is this the same for other brokers? Does anyone with a holding in WPM hold shares denominated in GBP and bought on the LSE?
If none of the UK brokers actually use the LSE listing, it would seem a bit pointless WPM bothering with it - extra cost for no additional liquidity benefit.
Best wishes and GLA
Hiya,
Just looking into this, interesting company and looks like a nice way to get exposure to precious metals. I see it’s listed on LSE as well as NYSE and TSX. I am a bit confused though - on this site it’s listed with a share price in GBP and currency GBP, but when I look it up on HL (my broker) it shows a price in CAD and a ticker “WPM NPV”. Is HL quoting me for Something other than the LSE listed shares of this company, or is that just how you buy Wheaton shares in the UK?
Thanks for any insights!
Interesting development, 24,000 ounces a year not bad.
Unfamiliar with this, will watch the sp with interest over the next few days.
60 days chart of both gold and silver are uncanny and equally beautiful
https://goldprice.org/
Silver might be the precious metal which flies in 2023, an interesting year ahead.
Lagging behind the likes of Endeavour, Yamana and Fresnillo but slow and steady gains shouldn't be sniffed at.
Circa $3bn (cash and credit facility) for further deals. In this environment there's going to be plenty of options. Randy is keen on the large scale copper/gold assets - he mentioned there's one or two early stage opportunities he has an eye on. That said, I'm sure he's keen to replace cashflow from Yauliyacu and Keno Hill fairly quickly.
likewise. i business can show great potential however they dilute the share to death until it actually starts making money. i'd rather loose that first huge sp rise and get into something reasonably paying out. if silver and gold increase 3000 + then this share will do fine, yes not as well as the penny ones but neither do i wish to loose everything. i have cey, shg as my more risk gold shares and then barrick to back it up who are getting into copper too
In the old days I held Silver Wheaton via a HL SIP because of my interest in silver. Back then I do not think it was listed in London? I am inclined to re vist WPM because I have wasted money on explorers who promise much yet really only offer volatility to trade on rather than more certain returns. I was also a fan of MTR but exited recently as it failed to take off on copper hopes. I prefer the WPM business model and the fact they have been in this trade a long time.
Ashanti is another one I have, five stocks, three billion dollar and two higher risk penny stocks. I quite liked this listen, a lot of energy towards gold now going forward, seems to be gathering a lot of momentum , 16% in gold, 10% in copper