Franco-Nevada (FNV)

Re: Franco-Nevada (FNV)

Postby winston » Thu Mar 23, 2017 7:00 pm

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Franco-Nevada reports 4Q loss

TORONTO (AP) _ Franco-Nevada Corp. (FNV) on Wednesday reported a loss of $4.5 million in its fourth quarter.

On a per-share basis, the Toronto-based company said it had a loss of 3 cents. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The precious metals streaming and royalty company posted revenue of $155.3 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $157.3 million.

For the year, the company reported profit of $122.2 million, or 69 cents per share. Revenue was reported as $610.2 million.

Franco-Nevada shares have climbed slightly more than 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $64.21, climbing slightly in the last 12 months.

Source: Associated Press
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Re: Franco-Nevada (FNV)

Postby winston » Sat Jul 27, 2019 6:04 pm

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July 21, 2019

Diversification on top of diversification

by Reuben Gregg Brewer

Precious metals are a great investment to own when markets are crashing because Wall Street tends to flock to assets seen as stores of wealth. That's pretty much the claim to fame for gold and silver. But owning bullion isn't a great option because it lacks growth potential -- an ounce of gold will always just be an ounce of gold.

And commodity bear markets can kill financial results at miners because it takes time to adjust to a changing price environment. That's why a streaming and royalty company like Franco-Nevada is a better option.

Streamers provide cash up front to miners in exchange for the right to buy precious metals at set prices in the future. This allows for wide margins in both good and bad times.

And it helps companies like Franco avoid the complications of mining while still benefiting from the growth that miners get from expansion efforts.

To highlight the consistency the streaming model offers, Franco has increased its dividend annually every year since its IPO over a decade ago.

That said, Franco-Nevada is more than just a gold and silver stock. It also gets between 10% and 20% of its revenue from oil and natural gas investments.

This provides a little extra diversification to its portfolio, potentially helping to soften the blow when gold and silver prices are relatively weak.

For investors looking to add some diversification to their portfolio in advance of the next market crash, Franco-Nevada is a well-balanced choice.

It should benefit from a move toward hard assets like gold and silver and get a little boost from its oil and gas efforts while you wait for the inevitable downturn to arrive.

Source: The Motley Fool
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Re: Franco-Nevada (FNV)

Postby winston » Sat Jul 27, 2019 6:18 pm

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Franco-Nevada Corp. is a gold-focused royalty and stream company with additional interests in platinum group metals and other resource assets.

It also holds interests in silver and platinum group metals; and oil, gas, and natural gas liquids. The stock carries a Zacks Rank #1.

Franco-Nevada has an Earnings ESP of +2.65% for the current quarter. The company has an expected earnings growth rate of 16.2% for the current year. The Zacks Consensus Estimate for the current year improved 3.8% over the last 30 days.

The company delivered positive earnings surprise in two out of the last four quarters with an average beat of 6.4%.

The stock has jumped 23.1% in the past three months. Franco-Nevada is expected to release earnings results on Aug 14.

Source: Zack'ss
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Re: Franco-Nevada (FNV)

Postby winston » Sat Jul 27, 2019 6:34 pm

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Gold Stocks To Buy: Franco-Nevada (FNV)

Buying industry leaders is a good way to catch a sector as it comes out of a long slumber. However, thinking back to how poorly mining stocks in general have performed, there’s another important thing to consider. That’s the different between gold streaming stocks and gold mining stocks.

The gold streamers act as a sort of specialty finance shop, lending money to the mining companies, and getting a cut of ensuing gold production at a (usually) fixed price.

The gold streamers take on significant risks including gold price variation, delays in production, and bankruptcy of the counterparty mining firm. In return, however, the gold streamers tend to earn fat returns.

Over the past decade, while mining stocks as a group lost half their value or more, streamers prospered.

For example, Franco-Nevada (NYSE:FNV) quadrupled, and rival streamer Royal Gold (NASDAQ:RGLD) soared 150% over the past 10 year period while mining stocks plummeted.

Franco-Nevada specifically, over the years, has built a huge pool of streaming assets across gold and other things. Last year, it sold nearly 350,000 ounces of gold, along with nearly 100,000 gold equivalent ounces of other metals including silver and platinum.

For the year, it produced $139 million in net income off of $653 million in revenue, generating a robust profit margin.

It also pays a modest dividend to shareholders — a rarity in the gold stocks industry — to reward its owners.

Source: Investor Place
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Re: Franco-Nevada (FNV)

Postby winston » Sat Jul 27, 2019 6:39 pm

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June 5, 2019

Franco-Nevada (FNV) released strong financials, with earnings above consensus on the back of record metals revenues, boosted by an increase in oil & gas revenues.

The results were aided by Candelaria, where operations are now back to normal after a pit wall slide in late 2017, which hurt production over the past year; Stillwater, on the back of strong palladium prices; and Sudbury.

Guidance for the next major revenue source—Cobre Panama—remains unchanged, with first copper shipment this quarter, and significant ramp-up throughout the year.

With over $1 billion in available liquidity, Franco is in a strong position to make other acquisitions, perhaps helping companies wanting to purchase one or more of the mines expected to be sold by Newmont and Barrick following their major acquisitions (Goldcorp and Randgold respectively).

Franco remains our core gold holding, though having moved from $69 in last April, we would wait for a pullback before additional buying.

Source: Money Show
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Re: Franco-Nevada (FNV)

Postby winston » Fri Dec 06, 2019 10:54 pm

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Franco-Nevada racks up records for quarterly revenues, gold production

Nov. 11, 2019

By Carl Surran

Franco-Nevada (NYSE:FNV) is up after-hours following better than expected Q3 earnings and revenues, as "record results were achieved across all our important production and financial metrics."

FNV says it set quarterly records for sales volumes of 133.2K gold equiv. oz. (up 11% Y/Y), $235.7M in total revenue (up 38.2% Y/Y), $101.6M of net income and $192.9m of adjusted EBITDA.

FNV says results were driven by the start of precious metals deliveries from Cobre Panama and the addition of a new energy royalty in the Marcellus Shale, and it expects more growth as Cobre Panama continues to ramp up and energy assets are further developed.

For the full year, the company says it expects to end near the high end of previously announced guidance ranges.

Source: Seeking Alpha

https://seekingalpha.com/news/3517770-f ... production
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Re: Franco-Nevada (FNV)

Postby winston » Thu Dec 26, 2019 9:50 pm

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Franco-Nevada, IBD Stock Of The Day, Breaks Out As Gold Prices Rally

by APARNA NARAYANAN

Franco-Nevada earnings have benefited in part from expansion in Latin America.

The company has also been adding to its U.S. energy assets.

Delivering a Q3 beat Nov. 11, Franco-Nevada cited the start of gold and silver deliveries from its new Cobre Panama property, as well as a new energy royalty acquisition in the Marcellus Shale in the Northeast.


Source: IBD

https://www.investors.com/research/ibd- ... yptr=yahoo
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Re: Franco-Nevada (FNV)

Postby winston » Tue Jan 07, 2020 2:25 pm

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Top Picks 2020- Franco-Nevada FNV

Franco-Nevada (FNV) — my top conservative investment idea for the coming year — is a leading royalty company in the gold space

by Adrian Day

Franco’s newest and largest stream investment, Cobre Panama, a copper mine from which Franco receives the gold by-product, made first deliveries after announcing commercial production September 1st, ahead of guidance. This removes lingering caution on the $1 billion plus recent investment.


Source: Yahoo Finance

https://finance.yahoo.com/news/top-pick ... 00123.html
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Re: Franco-Nevada (FNV)

Postby winston » Tue Jan 07, 2020 8:38 pm

ONE OF THE BEST WAYS TO SUCCEED IN THE MINING BUSINESS

Today, we're highlighting our favorite way to get exposure to gold...

Longtime readers know we love investing in royalty companies. They fund the early stages of mining projects, then sit back and collect royalty payments on what comes out of the ground.

By doing this, these businesses avoid the risks and high costs associated with exploration and production. Today's company is a perfect example...

Franco-Nevada (FNV) is a $20 billion gold-royalty company. It has a portfolio of roughly 300 gold-royalty assets all around the world. And these include some of the most famous mines on earth, like Goldstrike, Detour Lake, and Kirkland Lake.

This incredibly efficient business is thriving today... In the most recent quarter, Franco-Nevada reported revenue of $236 million, up 38% from the same quarter in 2018.

As you can see in today's chart, FNV has produced strong returns. Over the past year, the stock is up more than 30%, and it recently hit a fresh all-time high.

It's more proof of the gains that are possible when you invest in gold "royalty" companies...

Source: Daily Wealth
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Re: Franco-Nevada (FNV)

Postby winston » Thu Jan 09, 2020 1:14 pm

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Franco-Nevada Hits New 52-Week High: What's Driving The Rally?

Dec 25, 2019

Franco-Nevada’s stellar third-quarter results, reported on Nov 11, led to the upswing in its share price.

Adjusted earnings were 54 cents per share in the quarter, up 86% from the prior-year quarter and also beat the Zacks Consensus Estimate by a margin of 20%.

The performance can be attributed to the start of precious metals deliveries from Cobre Panama and addition of a new energy royalty in the Marcellus.

The Cobre Panama project commenced commercial production in September 2019 — a month earlier than expected.

With the continued development of its U.S. oil & gas assets, it expects energy assets to contribute $140-$160 million by 2023.


Source: Zacks Investment Research

https://www.investing.com/analysis/fran ... -200494919
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