Latest news with #Franco-Nevada
Business Insider
9 hours ago
- Business
- Business Insider
Franco-Nevada provides update on arbitration proceeding in Panama
Franco-Nevada (FNV) provided an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Confident Investing Starts Here:
Cision Canada
15 hours ago
- Business
- Cision Canada
Franco-Nevada Update on Arbitration Proceeding in Panama
TORONTO, June 18, 2025 /CNW/ - Franco-Nevada Corporation (" Franco-Nevada") (TSX: FNV) (NYSE: FNV) provides an update regarding its arbitration proceeding related to the Cobre Panama mine. Following engagement with the Government of Panama's legal counsel, Franco-Nevada has agreed today to suspend its arbitration proceeding. Franco-Nevada had previously filed a request for arbitration under the Canada-Panama Free Trade Agreement to the International Centre for Settlement of Investment Disputes on June 27, 2024. Franco-Nevada reiterates its hope for a resolution with the State of Panama providing the best outcome for the Panamanian people and all parties involved. SOURCE Franco-Nevada Corporation
Yahoo
3 days ago
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Franco-Nevada (FNV) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Franco-Nevada (FNV), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Franco-Nevada currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if FNV is a promising momentum pick, let's examine some Momentum Style elements to see if this precious metals streaming and royalty company holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For FNV, shares are up 2.72% over the past week while the Zacks Mining - Gold industry is up 2.96% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 7.84% compares favorably with the industry's 15.17% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Franco-Nevada have increased 10.22% over the past quarter, and have gained 47.84% in the last year. On the other hand, the S&P 500 has only moved 8.57% and 11.45%, respectively. Investors should also pay attention to FNV's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. FNV is currently averaging 762,232 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with FNV. Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost FNV's consensus estimate, increasing from $4.22 to $4.48 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that FNV is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Franco-Nevada on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Franco-Nevada Corporation (FNV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Buy 4 Low-Beta Stocks VTSI, FNV, ESLT & PM Amid Geopolitical Chaos
The U.S. stock market is likely to be volatile due to escalating tensions between Israel and Iran, which have spiked oil prices and raised fears of broader regional conflict. Additionally, uncertainty around the Fed's interest rate decision amid rising geopolitical risks adds to market pressure. In this context, creating a curated portfolio of low-beta stocks is a prudent strategy. This provides a safeguard against the uncertain market, equipping investors to navigate volatility with greater resilience and foresight. Hence, stocks like VirTraInc. VTSI, Franco-Nevada Corporation FNV, Elbit Systems Ltd ESLT and Philip Morris International Inc. PM are worth betting on. Beta measures the volatility or risk of a particular asset compared to the market. In other words, beta measures the extent of a security's price movement relative to the market. In this article, we are considering the S&P 500 as the market. If a stock has a beta of 1, then the price of the stock will move with the market. So, the stock is more volatile than the market if its beta is more than 1. In the same way, the stock is not as volatile as the market if its beta is less than 1. For example, if the market offers a return of 20%, a stock with a beta of 3 will return 60%, which is overwhelming. Similarly, when the market slips 20%, the stock will sink 60%, which is devastating. We have taken a beta between 0 and 0.6 as our prime criterion for screening stocks that are less volatile than the market. However, this should not be the only factor to be considered while selecting a winning strategy. We need to take into account other parameters that can add value to the portfolio. Percentage Change in Price in the Last 4 Weeks Greater Than Zero: This ensures that the stocks saw positive price movement over the last month. Average 20-Day Volume Greater Than 50,000: A substantial trading volume ensures that the stocks are easily tradable. Price Greater Than or Equal to $5: They must all be trading at a minimum of $5 or higher. Zacks Rank Equal to 1: Zacks Rank #1 (Strong Buy) stocks indicate that they will significantly outperform the broader U.S. equity market over the next one to three months. You can see the complete list of today's Zacks #1 Rank stocks here. Here are four of the 16 stocks that qualified for the screening: VirTra Through a project called IVAS (Integrated Visual Augmentation System) run by the U.S. Army, VirTra is finding more opportunities to grow its business. This is because the project has employed cutting-edge technology to give more specialized training to soldiers. Also, the U.S. Department of Defense's updated approach to technology procurement is expected to give VirTra a stronger advantage in securing more military contracts. Franco-Nevada By the end of last month, Franco-Nevada made a major new investment by purchasing a royalty on the Côté Gold Mine in Ontario for $1.05 billion. Since the mine has significant gold resources with huge revenue potential, Franco-Nevada is well-positioned to gain once the agreement closes, likely by the end of the second quarter of 2025. Elbit Systems Elbit Systems is a well-known global defense player. ESLT's backlog is at a massive $23.1 billion, of which 66% is from outside Israel. This suggests a strong demand from across the world. Philip Morris From a traditional cigarette company, Philip Morris is gradually transforming into a smoke-free player, as represented by IQOS heated tobacco and ZYN nicotine pouches, which are gradually becoming the company's major focus area. Philip Morris is also strongly focused on rewarding shareholders and cost-cutting initiatives. You can get the rest of the stocks on this list by signing up now for your two-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: . Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Philip Morris International Inc. (PM) : Free Stock Analysis Report Elbit Systems Ltd. (ESLT) : Free Stock Analysis Report Franco-Nevada Corporation (FNV) : Free Stock Analysis Report VirTra, Inc. (VTSI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Is FrancoNevada (FNV) Stock Outpacing Its Basic Materials Peers This Year?
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Franco-Nevada (FNV) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Franco-Nevada is a member of the Basic Materials sector. This group includes 233 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Franco-Nevada is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Consensus Estimate for FNV's full-year earnings has moved 20.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the most recent data, FNV has returned 46.1% so far this year. Meanwhile, the Basic Materials sector has returned an average of 9.3% on a year-to-date basis. This means that Franco-Nevada is outperforming the sector as a whole this year. Another stock in the Basic Materials sector, Fortuna Mining (FSM), has outperformed the sector so far this year. The stock's year-to-date return is 60.4%. Over the past three months, Fortuna Mining's consensus EPS estimate for the current year has increased 12%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Franco-Nevada belongs to the Mining - Gold industry, a group that includes 39 individual stocks and currently sits at #45 in the Zacks Industry Rank. Stocks in this group have gained about 58.4% so far this year, so FNV is slightly underperforming its industry this group in terms of year-to-date returns. On the other hand, Fortuna Mining belongs to the Mining - Miscellaneous industry. This 58-stock industry is currently ranked #138. The industry has moved +10.9% year to date. Investors with an interest in Basic Materials stocks should continue to track Franco-Nevada and Fortuna Mining. These stocks will be looking to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Franco-Nevada Corporation (FNV) : Free Stock Analysis Report GSK PLC Sponsored ADR (GSK) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report Fortuna Mining Corp. (FSM) : Free Stock Analysis Report Aviva PLC (AVVIY) : Free Stock Analysis Report Alfa Laval AB Unsponsored ADR (ALFVY) : Free Stock Analysis Report Alithya Group Inc. (ALYAF) : Free Stock Analysis Report Sendas Distribuidora S.A. Sponsored ADR (ASAIY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
