Franco-Nevada Has a Golden Opportunity

After a 15-year bull market that started near the turn of the millennium, the gold market has largely been treading water over the past several years. That has led Franco-Nevada (NYSE: FNV) to turn some of its attention away from gold- and silver-streaming deals and instead look for promising financing opportunities in the oil and gas exploration and production market. Even with the strategic shift, Franco-Nevada still gets the vast majority of its revenue and profit from precious metals, and that's unlikely to change in the near future.

Franco-Nevada expects to release its third-quarter financial results on Monday, Nov. 6, and analysts following the streaming company expect declines in both revenue and net income. Yet with recent strength in precious metals, the future could look brighter for the natural resources financing specialist. Let's take an early look to see what Franco-Nevada investors should be watching for in its coming report.

Analyst EPS Estimate

Source: Fool.com