TSX:FNVMetals and Mining
Assessing Franco-Nevada (TSX:FNV) Valuation After AurMac Royalty Deal And Strong Shareholder Returns
Franco-Nevada (TSX:FNV) has drawn fresh attention after agreeing to pay $52.2 million for an existing Net Smelter Return royalty on Banyan Gold’s AurMac project, covering about 13% of the property, including the current resource.
See our latest analysis for Franco-Nevada.
The AurMac royalty deal lands after a sharp pullback in the 1 day share price return of 5.64%, although the 30 day share price return of 12.41% and 1 year total shareholder return of 74.77% still point to strong underlying...