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Re: Franco-Nevada (FNV)

PostPosted: Fri Feb 14, 2020 8:39 pm
by winston
not vested

International Growth Play #2: Franco Nevada (FNV)

International growth plays come in all shapes and sizes, but most resource companies are headquartered in Canada. With a strong rule of law favorable to mining operations, it’s a good place for investors to get started in diversifying away from the dollar.

We’re no stranger to the company, as it’s a great resource play. The best part about it is the business model, which relies on royalties. Thanks to this structure, it’s difficult for the company to lose money, and it can be a multi-billion-dollar player in the space with a mere 34 employees.

But gold has a lot going for it right now. For the past four years, the metal’s price has been in an uptrend, which automatically increases the profits going to Franco Nevada from its royalty deals. Add in the periodic market scare like the coronavirus outbreak, and it’s easy to see why shares are likely to continue heading higher.

That’s seen easily in the company’s financials. Revenue is up 39 percent in the past year. Earnings are up a whopping 95 percent. And the company has a 28 percent profit margin, more in line with a technology play than a commodity one.

Shares are up more than 50 percent in the past year, but are likely to continue heading higher. That bodes well for investors. Looking at the overall market valuation, this stands out as a potential growth play with a solid international bent to it as well.

We like shares up to $114 based on these factors. The company pays a 0.9 percent dividend.

Source: Trading Tips

Re: Franco-Nevada (FNV)

PostPosted: Mon Mar 09, 2020 10:46 pm
by winston
not vested

Franco-Nevada (FNV): Strong Industry, Solid Earnings Estimate Revisions

One stock that might be an intriguing choice for investors right now is Franco-Nevada Corporation (TSX:FNV) . This is because this security in the Mining - Gold space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Mining - Gold space as it currently has a Zacks Industry Rank of 66 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Franco-Nevada is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Franco-Nevada Corporation Price and Consensus

In fact, over the past month, current year estimates have risen from $1.70 per share to $1.73 per share. This has helped FNV to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position.

So, if you are looking for a decent pick in a strong industry, consider Franco-Nevada. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

Source: Zack's ... -200513194

Re: Franco-Nevada (FNV)

PostPosted: Tue Mar 10, 2020 8:43 am
by winston

Franco-Nevada Delivers Record Q4 and Annual Results

Growing free cash flow and strong outlook

TORONTO, March 9, 2020 /CNW/ - "I am pleased that Franco-Nevada (FNV) is reporting its best results ever," stated David Harquail, CEO.

"Record quarterly and annual results were achieved across all our important sales and financial metrics.

Results benefited from the start of precious metals deliveries from Cobre Panama, strong production at other key assets and higher precious metals prices.

Thanks to our diversified portfolio, we expect good overall growth in 2020 mostly driven by the continued Cobre Panama ramp-up despite a more conservative outlook for our energy assets.

Franco-Nevada is generating substantial free cash flow and, post year-end, is now debt free. Franco-Nevada continues to be the gold investment that works."

Source: Seeking Alpha ... al-results