Franco-Nevada Corporation – Bull Case

Franco-Nevada Corporation (FNV) by Caleb Gibbons, CFA, FRM,– Originally at IBankCoin. Reposted with permission

Gold has kicked off 2016 with the strongest rally in 25+ years,

Franco-Nevada, has a market cap of > $10bln and is up 45% in the last quarter (56% of Barrick’s $18bln market cap and 72% of Goldcorp Inc.’s $13.75bln) . Those looking to basis trade in the gold space, or those vetting new exposure to the precious metals space should dig deep into the 26 page slide deck by Pierre Lassonde, Franco-Nevada’s Chairman, which was just presented at the most recent Grant’s Spring (April) Conference in New York. Much of the information contained was in their March 2016 Corporate presentation, but the manner...