Is Wheaton Stock A Safe Haven In A Tough Market?
Signage is displayed outside the Wheaton Precious Metals Corp. headquarters in Vancouver, British ... [+] Columbia, Canada, on Monday, Sept. 21, 20...
Signage is displayed outside the Wheaton Precious Metals Corp. headquarters in Vancouver, British ... [+] Columbia, Canada, on Monday, Sept. 21, 2020. Photographer: Taehoon Kim/Bloomberg © 2020 Bloomberg Finance LP Wheaton Precious Metals stock remains down by about 7% year-to-date and by almost 25% below its April 2022 highs. There are a couple of factors weighing the stock down. Firstly, gold prices have been on the decline in recent months falling around 10% from $2,050 per ounce in mid-March to levels of $1,850 at present, with prices remaining roughly flat year-to-date.