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Franco-Nevada (FNV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors with an interest in Mining - Gold stocks have likely encountered both Gold Fields (GFI) and Franco-Nevada (FNV). But which of these two companies is the best option for those looking for undervalued stocks?
Franco-Nevada (FNV) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Franco-Nevada (FNV) benefits from its solid portfolio and cost management. Recent pick up in metal prices also aids the company.
Franco-Nevada (FNV) reported earnings 30 days ago. What's next for the stock?
Investors interested in Mining - Gold stocks are likely familiar with AngloGold (AU) and Franco-Nevada (FNV). But which of these two stocks offers value investors a better bang for their buck right now?
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) said it has drawn approximately $91 million on its $250 million gold stream with Franco-Nevada (Barbados) Corporation, as previously announced in July 2022. The proceeds will be used to continue the development and construction of its flagship, 100%-owned Tocantinzinho (TZ) Gold Project, currently under construction in the State of Pará, Brazil and which remains on track and on budget for commercial production in the second half of 2024.
3 gold stocks to watch in the stock market today.
Franco-Nevada Corporation (NYSE:FNV ) Q4 2022 Earnings Conference Call March 16, 2023 10:00 AM ET Company Participants Candida Hayden - Investor Relations Paul Brink - President and Chief Executive Officer Sandip Rana - Chief Financial Officer Eaun Gray - Senior Vice President, Business Development Conference Call Participants Heiko Ihle - H.C. Wainwright Erin Kyle - CIBC Greg Barnes - TD Securities John Tamazos - Private Investor Lawson Winder - Bank of America Securities Tanya Jakusconek - Scotiabank Operator Good morning and welcome to Franco-Nevada Corporation's 2022 Year End Results Conference Call and Webcast.
Franco-Nevada's (FNV) Q4 top-line results reflect the impacts of lower contributions from Precious Metal and Iron Ore assets.