Silver Wheaton a “Buy”: Scotiabank

The Financial Post reported that Scotiabank mining analyst Trevor Turnbull is rating Silver Wheaton as a “buy”.

As quoted in the market report:

Silver Wheaton is in the midst of growing production at a rate of 70%, from 28 million to 48 million ounces of silver by 2016. Mr. Turnbull noted that much of this expansion has begun and is anchored by low-cost assets such as Penasquito in Mexico and Pascua Lama in Chile and Argentina.

To view the whole Financial Post report, click here.