FNV - Franco-Nevada Corporation
85.62 -0.69 (-0.80%)
After hours: 4:28PM EDT
| Previous Close | 83.68 |
| Open | 84.10 |
| Bid | 86.24 x 800 |
| Ask | 86.24 x 900 |
| Day's Range | 83.68 - 86.48 |
| 52 Week Range | 58.26 - 86.48 |
| Volume | 916,816 |
| Avg. Volume | 517,674 |
| Market Cap | 16.003B |
| Beta (3Y Monthly) | -0.05 |
| PE Ratio (TTM) | 115.23 |
| EPS (TTM) | 0.75 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.00 (1.20%) |
| Ex-Dividend Date | 2019-06-12 |
| 1y Target Est | 81.27 |
- Zacks•4 days ago
Franco-Nevada (FNV) Hits 52-Week High: Is Further Upside Left?
Franco-Nevada (FNV) appears promising on mining operations, solid performance of Oil & Gas and focus on acquisitions.
- Zacks•11 days ago
Franco-Nevada Strong on New Mines Amid Volatile Gold Prices
Franco-Nevada (FNV) poised to benefit from mining operations, solid performance of Oil & Gas and focus on acquisitions, despite volatile gold prices.
- Zacks•12 days ago
AU vs. FNV: Which Stock Should Value Investors Buy Now?
AU vs. FNV: Which Stock Is the Better Value Option?
- Thomson Reuters StreetEvents•13 days ago
Edited Transcript of FNV.TO earnings conference call or presentation 9-May-19 12:30pm GMT
Q1 2019 Franco-Nevada Corp Earnings Call
- Zacks•14 days ago
Gold Prices Rise 5% YTD: Will India Help Sustain the Rally?
Ongoing speculation of interest rate cuts and stronger demand in India is likely to support gold prices in the back half of the year.
- Zacks•17 days ago
Why Is Franco-Nevada (FNV) Up 7.4% Since Last Earnings Report?
Franco-Nevada (FNV) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks•18 days ago
Gold Prices Rise on Trade Worries, Weak Jobs Data
Gold prices are trending above $1,300 fueled by trade worries and a weaker dollar.
- MoneyShow•19 days ago
Three Picks to Play Gold Mining
Several major gold companies on our recommended list look like good buys now, notes internationally recognized resource sector expert Adrian Day, editor of Global Analyst.
- Motley Fool•24 days ago
Why Wheaton's Unique Dividend May Be Just Right for Your Portfolio
If you're looking for exposure to precious metals to protect your portfolio's downside, Wheaton's dividend could give it the edge over peers.
- Motley Fool•25 days ago
This Precious Metals Company's Gold Sales Just Hit Record Highs
Wheaton Precious Metals' focus on gold over silver could trigger a rally in its stock price.
- InvestorPlace•last month
Pot Stocks: How One Tiny Company’s Revenue Could Explode
Now that 15 pot stocks have made it onto the Nasdaq -- with yesterday's addition of Organigram (NASDAQ:OGI) -- smart investors are already wondering: Which will be the next cannabis company to get called up to the big leagues?Source: Shutterstock I've got my theories. But there's one factor that's almost as important as a company's ability to "uplist" to a major stock exchange …… and that's its business model.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo today I want to talk about a little-known phenomenon that's allowing tiny pot stocks to become "revenue machines."It's actually a bit of a misnomer to call them "pot stocks" at all. They're more like Royal Gold (NASDAQ:RGLD) -- one of the most profitable companies in investing history.If you're not familiar with Royal Gold, it was founded in the early 1980s by Stanley Dempsey … a man who never discovered a single ounce of gold -- but still got very wealthy from gold mining.Dempsey was a geologist, so gold mining was a natural fit. Yet after a few long months, his new company had burned through lots of money, and hit nothing but dirt. That was all just to identify a target gold deposit -- and then you add in land, labor, insurance, permits, not to mention the expensive gold mining equipment.Luckily for Royal Gold, Dempsey was also a lawyer … a clever one at that. And he saved the company by pulling an ingenious legal maneuver. Rather than spend the remaining cash on further exploration, Dempsey invested it with more knowledgeable, experienced gold miners. These seasoned pros would do the exploring. And Royal Gold would receive a cut of the proceeds.In the end, these royalty payouts became hugely lucrative:Royal Gold's first $1 million deal was for a project in northeastern Nevada. In return, the miner owed them 20% of the proceeds, for the life of the mine.In the first year, Royal Gold received $9 million. Year Two brought another $8 million. Year Three brought $12 million. All in all, $170 million has come in. That's a 16,900% return on Dempsey's original $1 million.The company is still collecting on that investment -- and many more.Naturally, the Royal Gold story brought a lot of imitators:* Franco Nevada (NYSE:FNV) is a similar business in gold royalties. Early investors could have turned $1,000 into $453,000.* Wheaton Precious Metals (NYSE:WPM) does the same thing with silver. That one's up more than 1,200% since inception.* Sabine Royalty Trust (NYSE:SBR) does it with oil. Shares enjoyed as much as a 10,200% climb, including dividends.And for these royalty companies, it's virtually all revenue -- no costs. Why Do I Tell This Story?Because when you hear all this news and chatter about marijuana, you've got to remember one thing:At the end of the day, it is not a pastime … not a lifestyle … or a "magic cure." Cannabis is a commodity.Just like coffee, for example. Coffee is a $48 billion business in the United States. But marijuana will be much larger even than that.As legalization spread from state to state, legal marijuana sales jumped 33% from 2016 to 2017 -- $10 billion that year alone. With more states and Canada legalizing recreational marijuana, sales are expected to grow by another nearly 150% by 2021.I believe marijuana could grab a lot of market share from cigarettes and alcohol. There is nobody debating the negative effects of smoking cigarettes, and the United States has a major issue with binge drinking among the younger generation. Both vices are on the downslope, and it is creating the perfect opportunity for marijuana to step into the gap.By 2030, research firm Cowen predicts, we're looking at marijuana being a $75 billion industry. That's about where cigarettes are today ($77 billion) and encroaching on beer ($110 billion). And that's just the first 15 years of this multifaceted, wide-ranging trend. So Which Stocks Do You Choose?You could go with the industry leader. And that would be Canopy Growth (NYSE:CGC), which we've had good luck with at Investment Opportunities -- up 51% in less than a year.But even in a huge megatrend like marijuana, timing is everything.And at this time, Canopy is much more expensive than the Royal Gold-like company I recommend.By contracting with early-stage marijuana companies -- who often find it difficult to secure funding -- this company is building a diverse (and extremely lucrative) revenue stream.Its revenues are expected to explode: From less than $250,000 Canadian in 2016, it's expecting nearly $150 million Canadian by 2020.The time to get in is now: This potentially major player trades at 1/40th the value of Canopy Growth. And as more of its deals bear fruit -- or leaves, in this instance -- the company is already positioned for big upside.Go here for full details on the "Royal Gold of Marijuana." I've got everything you need to know. And I can direct you exactly how to buy into this phenomenon.The key with these royalty companies is to get there first. Click here to get in on the action.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Pot Stocks: How One Tiny Company's Revenue Could Explode appeared first on InvestorPlace.
- Zacks•last month
Franco-Nevada Rides on Oil & Gas Prices, Gold Prices a Woe
Franco-Nevada (FNV) poised to benefit from mining operations, solid performance of Oil & Gas and focus on acquisitions, despite volatile gold prices.
Motley Fool•last monthFranco-Nevada Corporation (FNV) Q1 2019 Earnings Call Transcript
FNV earnings call for the period ending March 31, 2019.
- InvestorPlace•last month
3 of the Best ETFs to Buy for a Play on Gold Stocks
With a few tweets, gold stocks are looking a bit more golden these days. As President Trump announced that a trade deal with China was off the table for now and that tariffs would increase, investors have naturally gotten nervous. Volatility has spiked and markets saw some heavy losses over the last few trading sessions. With that, gold stocks have once again gotten the nod from investors.Prices for the precious metal have steadily risen on the back of the bad news. Today, June gold futures are clocking at around $1,287.40 per ounce. That's near their highs for the year.Those highs are wonderful news for the various gold stocks. Thanks to their fixed costs, the miners make a pretty penny on the difference between what it costs them to produce and what gold is trading at. The difference between the two price points is generally all profit for the major mining firms. So, the higher gold goes, the more money the miners will make. So, with the precious metal trending higher amid the uncertainty, the various gold stocks could be some of the biggest beneficiaries in the current market malaise.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 'Buy-and-Hold' Stocks to Own Forever The question is, how can investors take advantage of it? With that, here are three golden ways to play gold stocks. VanEck Vectors Gold Miners ETF (GDX)When it comes to buying gold stocks through exchange-traded funds, it's the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) and then everyone else. Thanks to its first-mover status, GDX has become the perennial investor favorite. Featuring huge trading volumes and more than $8.8 billion in assets, the ETF is really in a league of its own. And there is a good reason for that.GDX tracks the NYSE Arca Gold Miners Index, which is the main benchmark of gold stocks. To be included, miners must derive at least 50% of their revenues from the sale of gold. This creates a portfolio of 46 different miners such as top dogs like Barrick Gold (NYSE:GOLD) and Franco-Nevada (NYSE:FNV). The ETF is diverse as well and features a global portfolio. About half of the fund's holdings are from Canada with the U.S., Australia and South Africa rounding out the top nations.Focusing on the top dogs has been good for GDX's overall returns.As of the end of the first quarter, the ETF has managed to produce a 4.42% annual total return over the last three years. While that may not be super impressive on the surface, this return actually bests other large/senior gold stocks ETFs by a wide margin. So, if you're going to go the index approach, GDX has earned its crown.Even including the ETF's high 0.52% expense ratio ($52 per $10,000 invested), GDX remains simply the best broad way to play gold stocks. Sprott Junior Gold Miners Exchange Traded Fund (SGDJ)Investors looking for more "oomph" from their gold stocks may want to think small. That is, towards the junior miners.The junior miners are often exploration companies with just one or two mines. And in many cases, those mines are not operational or producing gold yet. Because of this, they are often buyout targets from larger gold firms. And as such, serve as the valuable first step in future gold supply. Generally, when prices rise, the junior miners are more valuable due to the amount of gold in their potential reserves.The problem is, they are risky as heck and there's no guarantee that a claim will actually turn into future production.This is where the Sprott Junior Gold Miners Exchange Traded Fund (NYSE:SGDJ) could be a great way to bet on these gold stocks. SGDJ is a so-called smart-beta ETF and uses various screens to craft its index. The ETF kicks out the smallest of the small gold stocks and then applies revenue growth and price momentum models onto its holdings. Those stocks that make the cut are added to its index. This eliminates some of the risk associated with the juniors. With it, investors get a portfolio of stocks that actually have the potential to succeed. The strategy seems to be working, with SGDJ providing a 4.91% annual return since its inception in 2015. * 10 Stocks That Could Squeeze Short Sellers, Including CGC In the end, the juniors can be a great gold stock play and SGDJ makes that play easier to swallow. Expenses for the ETF run at 0.57%. U.S. Global Investors Gold & Precious Metals Fund (USERX)Index investing is great, but there are some areas where an active touch can help deliver better returns. This seems to be the case with gold stocks and other precious metals equities. And one of the best mutual funds in the sector happens to the U.S. Global Investors Gold & Precious Metals Fund (MUTF:USERX).USERX has a long history of outperformance in the sector. Making its debut back in 1974 as one of the first no-load mutual funds, the fund has consistently been one of the best ways to play the gold miners. Currently, the fund features a four-star rating from Morningstar. The reason for the high rating and continued outperformance is due to the underlying managers.Frank Holmes and his team all have backgrounds in geology and mining finance. This gives them plenty of "boots on the ground" knowledge in the sector. Secondly, the fund tends to focus on the senior miners that are currently pulling gold or other precious minerals out of the ground. With that, there's less overall risk and volatility to the fund. The combination along with U.S. Global's general focus on "growth at a reasonable price" has made it one of the best performing gold funds.Over the last five years, USREX has managed to produce a 2.05% annual return. This compares to just 0.76% annual return for the FTSE Gold Mines Index. This is even with the fund's rather high 1.65% expense ratio.Overall, when it comes to an effective, actively managed way to play gold stocks, USERX could be it.At the time of writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Trade War Stocks With a Lot of Risk * 7 Bond ETFs to Buy * 10 Stocks That Could Squeeze Short Sellers, Including CGC Compare Brokers The post 3 of the Best ETFs to Buy for a Play on Gold Stocks appeared first on InvestorPlace.
- Motley Fool•last month
Franco-Nevada Gets Back on Track With Record Q1 Results
The all-important Cobre Panama project remains on track, but it had nothing to do with a strong start to 2019.
- Zacks•2 months ago
Franco-Nevada (FNV) Beats on Q1 Earnings & Revenue Estimates
Franco-Nevada (FNV) expects to produce 140,000-175,000 tons of copper for Cobre Panama in 2019.
- PR Newswire•2 months ago
Franco-Nevada Announces Election of Directors
TORONTO , May 9, 2019 /PRNewswire/ - Franco-Nevada Corporation announced that the nominees listed in the management proxy circular for the 2019 Annual and Special Meeting of Shareholders were elected as ...
- Zacks•2 months ago
AU vs. FNV: Which Stock Is the Better Value Option?
AU vs. FNV: Which Stock Is the Better Value Option?
- Zacks•2 months ago
Franco-Nevada (FNV) Q1 Earnings and Revenues Beat Estimates
Franco-Nevada (FNV) delivered earnings and revenue surprises of 25.00% and 8.22%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•2 months ago
Franco-Nevada: 1Q Earnings Snapshot
The Toronto-based company said it had net income of 35 cents per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for ...
- CNW Group•2 months ago
Franco-Nevada Reports Record Q1 Results
Franco-Nevada Reports Record Q1 Results
- Motley Fool•2 months ago
What to Watch When Franco-Nevada Reports Q1 2019 Earnings
The diversified streaming company expects to see a surge in production. Can it erase the pain of a sour performance in 2018?
