
TSE:FNV
This summary was created by AI, based on 6 opinions in the last 12 months.
Franco-Nevada Corp. (FNV) has emerged as a key player in the royalty sector, primarily focused on precious and base metals, alongside some oil and gas interests. Analysts highlight its remarkable growth of 44% annually over the past decade, projecting a stable yield of 0.84%. With significant catalysts on the horizon, including a growing backlog expected to materialize in the coming years, the company is viewed as solid due to its lack of operational risk and debt. Amidst fluctuating gold performance, analysts recommend maintaining a strategic allocation of precious metals in investment portfolios, advocating for a 10% exposure to gold, with FNV being a favored choice. Overall, FNV is perceived as a strong long-term investment, although concerns about future sustainability at current price levels are noted.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Gold still makes a sound investment in a low interest rate environment. Monetary stimulus and inflation is also to be considered. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Picks from 5i Research. There was some sell off with large volume last week. The stock is still up 51% this year and is currently trading at levels similar to late June. There has been no corporate news. Unlock Premium - Try 5i Free
Gold producers? He prefers to own the Royal Canadian Mint (MNT) and Sprot (PHY.US) and Franco-Nevada (FNV). He likes the physical element. He would also consider the Junior Miners ETF (GDXJ). At some point, there will be a role for gold to help the economy recover.