Franco-Nevada Corporation May Soon Shine Like Gold: A Base Case To Buy

About: Franco-Nevada Corporation (FNV), Includes: GLD
by: Holden Brooks Weaver
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Holden Brooks Weaver
Currencies, global macro, commodities, energy

Franco-Nevada continues to prove to niche precious metals investors its business model is primed for continued success as gross and net margins come in at 82.7% and 22.5%, respectively.

Compared to its competitors, the company's financial metrics attribute a high probability of Q4 growth and beyond.

Heightened geopolitical and economic tensions among the two largest economies alongside domestic political theater yield greater support for a bullish case in gold, helped by a decline in interest rates.

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