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Actionable news in SLW: SILVER WHEATON CORP,

Silver Wheaton: Still A Buy?

Summary

SLW trades at its 52-week high but more upside is possible going forward as the company is set to report strong Q2 earnings.

SLW’s production will rise around 26% year-over-year in the second quarter, while silver prices are anticipated to rise 2.25%, which will enable it to beat the top line forecast.

SLW’s cash operating margin per silver ounce will be $12.57 in Q2, assuming silver prices of $16.77/ounce, allowing it to post $170 in cash operating margins.

SLW’s cash operating margins will rise almost 47% year-over-year in Q2, thereby enabling it to beat the bottom line forecast that...


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