Added to YB: 2024-02-16
Pitch date: 2024-02-03
FNV [bullish]
Franco-Nevada Corporation
+110.83%
current return
Author Info
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Company Info
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and internationally.
Market Cap
CAD 39.2B
Pitch Price
CAD 140.25
Price Target
135.00 (-54%)
Dividend
0.75%
EV/EBITDA
32.56
P/E
49.90
EV/Sales
29.55
Sector
Metals and Mining
Category
special_situation
Franco-Nevada Corporation: Gold royalty royalty in temporary turmoil
FNV: Cobre Panama mine closure tanks stock to below COVID lows, despite 5% GDP contribution. Pricing in indefinite halt, ignoring likely reopening given economic importance. $135 PT on restart (25% upside), plus deal flow potential in global raw material shift. Own since $105 with 20% cash buffer.
Read full article (31 min)