Silver Wheaton (SLW) is currently one of the most appealing assets in the mining industry. Shareholders should hold on to this unique investment, and interested investors should buy it now and hold it for the long term. Silver Wheaton has a unique business model that insulates it from many of the expenses and dips that other competitors in the mining industry are susceptible to. This is a far more advantageous asset than investing in metals or mining operations. The fluctuation of the dollar and domestic and global economies all affect the value of silver. Owning shares of Silver Wheaton is more profitable than silver bullion because shareholders are protected from the potential losses of investing directly in silver or mining entities.
Silver Wheaton's growth increased by more than 26% from the previous year and by more than 4% from the previous quarter. Its PEG ratio is around 0.5, while its beta is closer to 1.5. The current price is over 14 times earnings, which is an improvement from the trailing 12 months price of over 16 times earnings. Silver Wheaton's margins have been relatively stable for the last three quarters. Return on equity has improved marginally by less than 1% over the past three quarters. The operating margin and net margin have decreased by less than around 2% and 0.5% over the past three quarters, respectively. Its current ratio has increased over the past three quarters and is currently over five. The debt-to-equity ratio has been stable at 0.02 for the past three quarters. Silver Wheaton's current dividend yield is around 1.37%, which equates to an annual dividend around $0.36.
Silver Wheaton's growth rate for this year is nearly triple the industry average. Its growth rate for the past five years exceeds the industry average. The projected growth rate for next five
