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Franco Nevada looks good under 144.
This? Not really looking that great to me. Looks like a lot of opening up stocks and it's rolling over. 18 dMa just about to drop under the 54 dMa.
View attachment 223487
Franco Nevada (FNV) is a leading streaming and royalty company. They give companies that actually mine metal cash, and they take back a share of what they pull out of the ground, which arrangement is called a stream of income or royalty payment.
Stock price is lower than it used to be. It jused to be north of 150.
Company is the same company, you just get more shares when they are on sale.
More inof here; take a look at slide 11:
Yeah I know, I've owned WPM for some time but not at the moment. Sold that too early. 0.83% yield on FNV. Pass. No debt? Well that's a plus
Thats fair, but with FNV you are paying for a better track record. I've owned WPM before and wished that I had bought FNV.
On Yahoo Finance, you can compare their charts on top of each other.
FNV appears to have more steady growth and that is something Wall Street loves but I hate paying up for that. I saw in that presentation that they have diversified into energy. Not really my favorite idea for a mining company. But I couldn't find a percentage of how much Revenue is coming from each product. Do you know how much Rev is from energy?