Wheaton Precious Metals (WPM)has notable insider net $ selling

Wheaton Precious Metals (T:WPM)

Curzio Domenico Bernardi, a Senior Officer, acquired 94,000 Common Shares on a direct ownership basis at a price of $25.480 through an exercise of options on December 23rd, 2019. The insider also disposed 94,000 Common Shares on a direct ownership basis at prices ranging from $37.315 and $37.525 through the public market on December 23rd, 2019. This represents a $1,119,128 net divestment of the company's shares and an account share holdings change of 0%.

Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations. The Company has entered into long-term purchase agreements and early deposit long-term purchase agreement associated with silver and gold (precious metal purchase agreements), relating to mining assets, whereby Silver Wheaton acquires silver and gold production at various mines. The San Dimas gold-silver deposit is located in the San Dimas district on the border of Durango and Sinaloa states. The Company holds interest in Los Filos mine, Zinkgruvan mining operations, Stratoni mine, Keno Hill silver, Cozamin mine, Aljustrel mine, 777 mine and Constancia mines.