Franco-Nevada (FNV -1.2%) is downgraded to Sector Perform by RBC Capital after its gold-silver...

|About: Franco-Nevada Corporation (FNV)|By:, SA News Editor

Franco-Nevada (FNV -1.2%) is downgraded to Sector Perform by RBC Capital after its gold-silver streaming agreement on Inmet's Cobre Panama project. The firm says Cobre Panama has a neutral near-term impact on valuation, and FNV takes on an elevated level of risk associated with providing the financing for a three-year development project.