Tuesday, June 25, 2013

Is Silver Wheaton A Buy?

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Those that follow ITZ on Twitter or on this blog, know that Silver Wheaton (SLW) is a favorite in the silver market. Having the highest margins, due to the fact that it doesn't mine, but simply enters into long-term silver purchase agreements with other actual miners. In the past year this has avoided the a 10% rise in mining costs.

Silver Wheaton fundamentals: Forward P/E 12.27, 5 year EPS growth of 20%, ROE of 18% & long term debt-to-equity ratio of 0.

1 comment:

itzstockchartz said...

If you entered $SLW near $18 level, consider using trailing stop. nearing $23...up +20% in a few weeks