4 Things Franco-Nevada Management Wants You to Know
Franco-Nevada (NYSE: FNV) has taken full advantage of a lucrative opportunity to provide financing to the natural resources industry. By using streaming agreements with mining companies and obtaining royalty interests from oil and natural gas producers, Franco-Nevada shares in the success of its partners and avoids the daily operational challenges of running mines or drilling operations.
Franco-Nevada recently reported solid quarterly results, and following that report, executives spoke with analysts about the company's future. Here are some of the highlights of the conference call and what you should take away from Franco-Nevada's latest experience.
Despite lower gold and silver prices during the quarter, our revenue was flat in [the third quarter of 2017] compared to [the prior year quarter].
Source: Fool.com
Franco-Nevada Corp. Stock
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Franco-Nevada Corp. stock is not clear.
As a result the target price of 120 € shows a slightly positive potential of 5.77% compared to the current price of 113.45 € for Franco-Nevada Corp..
