(A Top Pick May 20/16. Up 8.33%.) A royalty play as opposed to exploration. There is a high level of recurring revenue stream.
(A Top Pick May 20/16. Up 13%.) Any time you are playing a particularly torquey name such as gold, copper, etc., a royalty name is always a better way to play it, as opposed to exploration. He would not be adding at this time.
A relatively conservative play on gold. He likes the royalty streaming assets that they do, as opposed to being in the ground and trying to dig it out where you have a lot more risk and volatility. He likes gold right now, based on global negative interest rates. Dividend yield of 1.36%.
Franco-Nevada Corp is a American stock, trading under the symbol FNV-N on the New York Stock Exchange (FNV). It is usually referred to as NYSE:FNV or FNV-N
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On 2024-11-22, Franco-Nevada Corp (FNV-N) stock closed at a price of $123.69.