|Bid||30.00 x 1000|
|Ask||72.00 x 900|
|Day's Range||69.95 - 71.57|
|52 Week Range||66.19 - 86.06|
|PE Ratio (TTM)||60.73|
|Forward Dividend & Yield||0.96 (1.31%)|
|1y Target Est||81.27|
The CFTC (Commodity Futures Trading Commission) reports the position of major players in the futures market through its COT (Commitment of Traders) report. This report specifies the positioning of various players in the market. The report is released every Friday and shows the open interest recorded on the previous Tuesday.
For 2018, Franco-Nevada (FNV) expects higher revenues from oil and gas assets but trimmed its guidance for mining assets owing to lower deliveries from the Candelaria stream.
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Franco-Nevada Corporation (NYSE: FNV ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 8:00 AM Eastern Time. ...
The Toronto-based company said it had profit of 29 cents per share. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for ...
New Strategic Relationship with Continental Resources (in U.S. dollars unless otherwise noted) TORONTO , Aug. 8, 2018 /PRNewswire/ - "We are pleased to have entered into a first-of-its-kind mineral ...
Continental Resources (CLR) registers a year-over-year increase in production from the North Dakota Bakken in the second quarter of 2018.
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Franco-Nevada Corporation (TSE:FNV) due to its excellent fundamentals in more thanRead More...
Franco-Nevada (FNV) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Shale oil producer Continental Resources Inc said on Monday that it formed a subsidiary to manage mineral royalties with Franco-Nevada Corp, part of Continental's plan to diversify revenue sources. Mineral rights are often less-risky investments than drilling wells, which can carry large operational, labor and environmental concerns. Continental, controlled by billionaire wildcatter Harold Hamm, will as part of the deal receive $220 million from Franco-Nevada, which manages gold and commodity royalties around the globe.
TORONTO, Aug. 6, 2018 /PRNewswire/ - Franco-Nevada Corporation and Continental Resources, Inc. have agreed to enter into a strategic relationship to jointly acquire mineral rights in the SCOOP and STACK oil & gas plays of Oklahoma. Franco-Nevada is contributing approximately $220 million for the acquisition of existing mineral rights owned by a Continental subsidiary and has committed, subject to satisfaction of agreed upon development thresholds, to spend up to $100 million per year over the next three years to acquire additional mineral rights. The existing mineral rights and mineral rights to be acquired will be jointly held through a newly-formed company.
TORONTO , Aug. 6, 2018 /CNW/ - Franco-Nevada Corporation and Continental Resources, Inc. have agreed to enter into a strategic relationship to jointly acquire mineral rights in the SCOOP and STACK oil & gas plays of Oklahoma . Franco- Nevada is contributing approximately $220 million for the acquisition of existing mineral rights owned by a Continental subsidiary and has committed, subject to satisfaction of agreed upon development thresholds, to spend up to $100 million per year over the next three years to acquire additional mineral rights.
OKLAHOMA CITY , Aug. 6, 2018 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (The "Company") today announced that Franco-Nevada (NYSE & TSX: FNV) has agreed to pay approximately $220 ...
LONDON, UK / ACCESSWIRE / July 31, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Sandstorm Gold, Avalon Advanced Materials, Franco-Nevada, and Fortuna Silver Mines. The TSX Venture Exchange shaved off 1.42 points, or 0.20%, to finish at 705.95. Today's stocks of interest consist of Sandstorm Gold Ltd (TSX: SSL), Avalon Advanced Materials Inc. (TSX: AVL), Franco-Nevada Corporation (TSX: FNV), and Fortuna Silver Mines Inc. (TSX: FVI).
Finally, the Fed raised rates for the second time this year on June 13 and upped its guidance to four rate increases in 2018. This lent additional strength to the U.S. dollar, putting pressure on gold. During June, gold fell $45.35 (3.5%), ending the month near its low for the year at $1,253.17 per ounce. Gold stocks outperformed gold in June, as the NYSE Arca Gold Miners Index (GDMNTR)2 and the MVIS Global Junior Gold Miners Index (MVGDXJTR)3 both fell 0.2%.
On Monday, July 23, 2018, the NASDAQ Composite and the S&P 500 edged 0.28% and 0.18% higher, respectively at the closing bell, while the Dow Jones Industrial Average stayed bearish, finishing marginally lower by 0.06%. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Basic Materials equities this morning: Franco-Nevada Corp. (NYSE: FNV), Houston American Energy Corp. (NYSE AMER: HUSA), Lilis Energy Inc. (NYSE AMER: LLEX), and Contango Oil & Gas Co. (NYSE AMER: MCF).
The CFTC (Commodity Futures Trading Commission) reports the position of major players in the futures market through its COT (Commitment of Traders) report. According to the COT report for the week ended June 26, 2018, money managers were barely net long on gold with just over 4,000 net speculative long contracts. According to Commerzbank, “Short positions, in particular, were built up, which means speculative financial investors are currently betting heavily on falling prices.” For the week ended June 3, money managers kept their positions almost unchanged, which implies the lowest levels of net long positioning since late 2015 when gold prices dipped below $1,050 per ounce.
Gold hasn’t exactly glittered over the last few weeks. After hitting a recent high back in March, the uber-popular SPDR Gold Shares (NYSEARCA:GLD) has spent the rest of the year falling, and is now about 8% lower. All in all, a variety of factors and issues have continued to pressure the metal itself and the various gold stocks that produce it.
TORONTO , July 10, 2018 /PRNewswire/ - Second Quarter Results Release: August 8 th after market close Conference Call and Webcast: August 9 th 8:00 am ET Dial‑in Numbers: Toll‑Free: 1‑888‑390‑0546 International: 416‑764‑8688 ...
Gold went on a bit of a roller coaster ride in 2017. Gold prices bounced between highs and lows from month to month in a trading range of roughly $1,200 to $1,300 per ounce before breaking out to a yearly high of nearly $1,350 per ounce in September. The SPDR Gold Shares ETF ( GLD), the SPDR ETF that tracks gold bullion, returned 12.81% in 2017. The precious metal trades at around $1,258 per ounce as of July 9, 2018. The precious metal has traditionally been perceived as a safe haven investment in times of economic uncertainty – and no one can argue that major shakeups such as Brexit, Donald Trump's presidency, skepticism about a resolution on the Korean peninsula and volatility in the cryptocurrency market have contributed to a general feeling of unpredictability.
With the revival of the US dollar, the precious metal and mining stocks have tumbled significantly over the last few months. The Global X Silver Miners ETF (SIL) and the VanEck Vectors Gold Miners ETF (GDX) have also been heavily impacted. These two funds have declined ~1.8% and ~4.6%, respectively, during the last month, and they saw respective YTD losses of 5.6% and 11.3%.