Click here to get this article in PDF
With the drop in the marketplaces brought on by COVID-19 restrictions, Wheaton Priceless Metals Chief Executive Officer Randy Smallwood sees the possibility for offers.
Smallwood talked to Kitco on Wednesday.
Recently, the royalty and streaming business announced an at-the-market equity program permitting it to provide up to $300 million. Wheaton additionally has even more resources to draw on due to raised gold prices. Previously this month, the firm said it had $104 countless cash and also cash matchings available combined with over $1.1 billion of available ability under its $2 billion revolving facility.
__________________________________________________________________
Kitco Information is the world's # 1 source of metals market details. Our video clips feature interviews with noticeable market figures to bring you market-affecting insights, with the goal helpful people make notified investment choices.
Sign up for our channel to stay up to date on the current insights relocating the steels markets.
For even more breaking information, check out
Follow us on social networks:
Facebook –
Twitter –
Google+:.
StockTwits -.
Online gold price and charts:.
Live silver rate as well as graphes:.
Don't forget to sign up for Kitco Information' Weekly Summary– comes out every Friday to wrap up the most popular stories & video clips of the week:.
Join the discussion @ The Kitco Forums and also belong to the premier online area for precious metals investors:.
Disclaimer: Video clips are not trading advice as well as the views shared might not show those of Kitco Metals Inc
.
Stressed balance sheets open opportunities for streamers
With the drop in the markets caused by COVID-19 restrictions, Wheaton Precious Metals CEO Randy Smallwood sees the potential for deals.
Smallwood spoke to Kitco on Wednesday.
Last week, the royalty and streaming company announced an at-the-market equity program allowing it to issue up to $300 million. Wheaton also has more resources to draw on due to elevated gold prices. Earlier this month, the company said it had $104 million of cash and cash equivalents on hand combined with over $1.1 billion of available capacity under its $2 billion revolving facility.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
