By Renu Singh
- Silver, based on Silver Wheaton’s latest results were below the mark, aggravating the company’s weak financial performance.
- Driven by industrial demand and silver production, the price of the metal is expected to increase, and this will have a positive impact on Wheaton.
- Being a streaming company, Wheaton doesn’t need to invest in mines, which is an advantage since it can focus its cash flow on signing more mining agreements.
- Wheaton will also benefit from an expected uptick in gold pricing, as it has bought additional gold streams from Vale.