Silver Wheaton Feeling Impact of Precious Metals Bear Market

Forbes reported that Silver Wheaton, although a streaming company, is still suffering much of the same impact in a precious metals bear market.

As quoted in the Forbes report:

Shares are now trading with a P/E of just 12. However, the analysts aren’t too optimistic about the earnings outlook for 2013. In the last 2 months, the 2013 Zacks Consensus has fallen to $1.69 from $2.01 a share. The analysts now expect earnings growth of just 2.5% this year.

To view the whole Forbes report, click here.