Friday, August 8, 2008

Silver Wheaton

Silver Wheaton (SLW)
Competitive Advantage
Purchases silver at a set price (ex/ 3.20 per oz) and resells it at market price. Costs will stay the same regardless of silver price. Relatively unaffected by external factors (labor prices, etc).
I believe that silver will rise in price.

Main Competitors
Pan American Silver (PAAS)
COEUR D ALENE CP (CDE)

Weaknesses
Completely dependent on the volatile price of silver

Financials (From Yahoo!)
Market Cap: 2.35B
P/E: 27.49
PEG: 1.86
EPS: 0.38
Cash: 36.36M
Debt: 492.87M
FCF: 130.49M
Div (Yield): None

Disclosure: I own shares of Silver Wheaton

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