Bullboard - Stock Discussion Forum Wheaton Precious Metals Corp WPM

Primary Symbol: T.WPM

Metals & Mining Gold

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... see more

Add To Watchlist

TSX:WPM - Post Discussion

Wheaton Precious Metals Corp > Shorts are guessing the precious metals will correct

View:

Post by mouserman on Aug 06, 2020 11:43am

Shorts are guessing the precious metals will correct

I guess the shortsellers are hammering this one, expecting a correction in the precious metals. Not happening so far today.... Silver is up over 50% in the past 30 days alone....and is up over a buck today. Going to be a lot of shortcovering on the Q report next week. Going to be a lot better than the .19 a share analysts have it pegged at. BUT then again half the analysts on TD have WPM at hold and even one analyst from Barclays issued a sell and target of 50$. Not sure what he is smoking...but must be really good stuff. WPM will never see sub 50$ CAD again.
One other had WPM at hold a few months ago and the target there was 46$....still has it at hold.

101