Franco Nevada traded at $310.03 this Friday May 15th, decreasing $16.65 or 5.10 percent since the previous trading session. Looking back, over the last four weeks, Franco Nevada lost 12.34 percent. Over the last 12 months, its price rose by 94.66 percent. Looking ahead, we forecast Franco Nevada to be priced at 303.58 by the end of this quarter and at 285.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company owns a portfolio of royalty, stream and working interests, covering properties at various stages, from production to early exploration, in Latin America, United States, Canada, Australia and Africa. The Company is engaged in the management and acquisition of royalties, streams and working interests in the mining and energy sectors. Its properties in Latin America include Cobre Panama, Candelaria, Antapaccay, Guadalupe-Palmarejo, Salares Norte and Cerro San Pedro. Its properties in Canada include Sudbury, Detour Lake, Golden Highway, Hemlo, Canadian Malartic and Brucejack. Its properties in the United States include Goldstrike, Marigold, EaglePicher, Sandman, Castle Mountain, Hollister and Bald Mountain.