Sorry!! The article you are trying to read is not available now.
SILVER WHEATON CORP (NY: SLW)
21.87 USD  UNCHANGED
Streaming Delayed Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(SLW) Community Analysis from
April 19, 2014
(Gold Stocks Today, 3/22/13)
The world’s largest precious metals streaming company Silver Wheaton on Friday said it had lifted fourth-quarter profit by 23% to $177.7-million or 50c a share, compared with net...(read more)
(Wealth Daily, 2/1/13)
Silver Wheaton (TSX: SLW) has traditionally provided funding for small silver miners, but recently some major companies are lining up.
(Wealth Daily, 2/7/13)
In a deal with Vale SA (NYSE: VALE), Silver Wheaton Corp. (TSX: SLW) will acquire gold production from two mines...
Silver Wheaton (SLW) Company Overview

Silver Wheaton Corp (NYSE:SLW) is the world's only pure play silver middle man.[1] SLW does not own or operate its own mines, but instead the company buys silver at below market prices via long-term contracts with five major silver producers: Goldcorp, Lundin Mining, Hellas Gold, and Glencore. SLW then sells the silver to major industrial customers at a markup.

Silver prices are the single largest determinant of the company's profitability. SLW's contracts, while indexed for inflation, allow the company to pay a fixed rate for the silver it purchases, regardless of silver price fluctuations. When silver prices rise significantly, the company is able to pocket the difference. When silver prices fall, the company still has to pay the same fixed price. Moreover, the company has no control over how much silver its mining partners produce. SLW is not compensated in any way if the mines miss production expectations.

(Read more at Wikinvest )

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here

WHAT'S POPULAR IN THE VILLE