Is Silver Wheaton a Steal?

By Doug Ehrman – Jun 6, 2013 at 10:31AM

NYSE: WPM

Wheaton Precious Metals

Market Cap

$24B

Today's Change

(0.15%) $0.08

Current Price

$52.56

Price as of April 24, 2024, 4:00 p.m. ET

Despite having faced challenges and a declining stock price, Silver Wheaton continues to be one of the most interesting plays in the precious metals space.

It is no secret that precious metals companies have been taking a pounding for some time now. The SPDR Gold Trust (GLD -0.19%) and iShares Silver Trust (SLV -0.36%), the gold and silver ETFs, have been hard hit and operating companies like First Majestic (AG -0.29%) and Barrick Gold (GOLD -1.02%) have been hit even harder. Through all of these struggles, and in some cases because of them, one precious metals company continues to look attractive for the long term: Silver Wheaton (WPM 0.15%).

In the video below, Fool.com contributor Doug Ehrman discusses several reasons why Silver Wheaton continues to be worth the consideration of most investors.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.