In a report published Monday, Edison Investment Research analyst Gavin Wood commented on recent developments related to Silver Wheaton Corp. SLW.
In the report, Edison Investment Research noted, “Silver Wheaton reported record production in Q313, although a declining silver price weighed on operating cash flow and declared dividend. Since the 2017 forecast production downgrades reflecting the suspension of Barrick Gold's Pascua-Lama project, Silver Wheaton has signed two new streaming agreements. These include an Early Deposit Agreement with Sandspring Resources, which could prove an attractive business model to junior miners and represent a growing opportunity for Silver Wheaton.”
Silver Wheaton closed on Friday at $22.18.
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