
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.
Gold? He is likes gold as commodity prices are generally rising with a falling US dollar. The problem is that mining companies have a history of being self-destructive. He thinks the latest Kirkland Lake acquisition is a bad decision. He prefers Franco-Nevada that plays more as a royalty play.
She does not own gold stocks at this point. Having a position in the portfolio is a good idea. They are watching FNV-T, because they take their royalty right off the top, reducing some risk.