Wheaton Precious Metals Corp. is a mining company, which engages in the sale of precious metals and cobalt production. It operates through the following segments: Gold, Silver, Palladium, Cobalt, and Other.
The company's financials is excellent, both in terms of cash flow growth and growth in margins. Technically, it is an excellent daily point. I see 2 points for the entry, now and from 38.61. It is possible with short stops and reenters below,or average the position with the right risk. Cancellation of the scenario - if the price goes below 36.76. Targets - the first target is 45.87, will see the reaction. The second main target is 50.60. The investment is for 1-2 months.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets. The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.