Franco-Nevada Corp logo

Franco-Nevada Corp

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NYSE:FNV (Canada)  
$ 121.67 +1.2 (+1%) 11:08 PM EST
At Loss
P/B:
4.16
Market Cap:
$ 23.38B
Enterprise V:
$ 21.65B
Volume:
597.63K
Avg Vol (2M):
808.55K
Also Trade In:
Volume:
597.63K
At Loss
Avg Vol (2M):
808.55K

Business Description

Description
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the US, Canada, and Australia.