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

|
About: Franco-Nevada Corporation (FNV), Includes: GLD
by: Holden Brooks Weaver
This article is exclusive for subscribers.
Holden Brooks Weaver
Currencies, global macro, commodities, energy
Summary

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.

Editor's note: Seeking Alpha is proud to welcome Holden Weaver as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free