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TSE:FNV
This summary was created by AI, based on 6 opinions in the last 12 months.
Franco-Nevada Corp. (FNV) is regarded as a strong player in the precious metals sector and oil/natural gas markets, providing a secure investment opportunity with robust long-term growth potential. Analysts appreciate its solid execution and the lack of operational risk or debt, noting a significant 44% growth in its dividend over the past decade. Despite recent drops in share price, experts highlight its attractiveness as an investment, with upcoming catalysts from a backlog expected to materialize in the coming years. Some analysts also emphasize the role of precious metals in portfolio diversification and as an insurance policy, suggesting that FNV holds a relevant place in investment strategies amid currency debasement discussions.
A well-run company. A $300 million royalty stream each year. They buy the gold streams of existing mines. They say they can go into energy and use the same multiples on valuation. He sold it a couple of years ago, when it was in the early $90 range. As soon as he sees a technical floor forming, it would be the first stock they would buy in the space.
This company has traditionally been a core hold as it tends to have lower volatility. However, as he has become more bullish on gold, he is looking for more torque in the actual E&P list of companies at this time. He thinks $1100 per ounce is a floor for gold prices. (Analysts’ price target is $109)