FNV - getting a lot for very littleFNV has been under some pressure recently, as is the case with most Gold stocks really. FNV is another prime example of a high quality Gold miner that is trading below its 200-day moving average while Gold itself if making new highs. This is a strong buy from us. Longby HerenyaUpdated 2
FNV Breaking Out of ChannelFNV is trading in a descending channel. In its latest upswing, it has gone above the upper trendline of the channel. It has also gone above the neck (yellow line) of the double bottom formation, which is now acting as support. Bullish trend on Squeeze Momentum indicator. Move bullish volume than bearish volume in current upswing. If it doesn't lose the yellow line support, FNV to go up. Next hurdle at 150. And then 160. Longby RS31752
FNV IS ON THE ROAD OF BULLISHNESSBismillahirrahmanirrahiim Its a good thing that i stumbled upon with my precious setup on FNV share. So this is the reason on why i strongly believe it will be on bullish run 1. Intact uptrend on Weekly 2. Retrace towards on RBS and also retest lower BB 3. Bullish divergence forming up 4. Build Up Volume 5. Candlestick Compression Signal available Targeting only to the previous swing hi already give a good reward. Longby Iqbal_FX0
Franco NevadaRoyalty Company, no debt and over 2 billion in cash on hand. 10 % to hit all time highs as the GDX and club need a double. by hillbilly2503
ABC/DPossible resistance at B. FNV measures out the be an ABC pattern with a target of D. This pattern is known to reverse when D is reached. Targets are calculated using the AB leg. D can be at a lesser fib level than the AB leg or a greater fib level than this leg and can reach the 1.272, the 1.618, and in some cases even higher fib levels. Stop under C or where you see support. No recommendation. EPS (FWD) 3.64 PE (FWD) 40.29 Div Rate (FWD) $1.28 Yield (FWD) 0.87% Short Interest 1.80% Market Cap $28.12B Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was founded in 1983 and is headquartered in Toronto, Canada.Longby lauralea0
Ascending triangle pattern Reason to be bullish : 1)ascending triangle pattern 2)above 200 week moving average 3)confirmation of MACD ascending 4)inflation entrenching 5) central banks buying gold 6) Black swan event : war escalation 7) Fed pivot imminent since BLS revised labor growth from 1 million to 10k for JUN to SEP ... Longby GoldenDiploma1
$FNV with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FNV after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 64.29%. Longby EPSMomentum0
FNV - Weekly - Great place to buy or add!The setup looks good to me on the weekly chart on this really fantastic long-term winning stock. The weekly RSI is beginning to approach oversold/fair value levels and the Williams Vix Fix indicator is now signaling a bottom as well. In terms of price, we may double bottom in the low 160s support zone so the downside risk feels more minimal at this point and should be temporary. Personally for these reasons I am adding to my long-term position at this level as we have now seen a nice 20%+ correction since the previous run-up earlier in the year. In an environment with rising rates, not much beats owning a company with NO debt/leverage eating away at their cashflows.Longby Jabby2
$FNV with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FNV after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%. Shortby EPSMomentum112
$FNVPossible ending diagonal 5th does not look like downside finished and no clear mini 5 up , 50 back at 138 might be target by raulmarcusbrunoUpdated 0
$FNV with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FNV after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 33.33%. Shortby EPSMomentum1
Franco Nevada vs. Principal Gold ComponentsFranco Nevada vs. Principal Gold Miners (ex. BHP , Teck , Glencore and Vale), unweighted, outperforms GDXby jhm_2
L/S Franco-Nevada vs. Principal Gold MinersFranco Nevada vs. Principal Gold Miners (ex. BHP, Teck, Glencore and Vale), unweighted, underperforms GDXby jhm_1
FNVSome of the majors are great buys now, dirt cheap. Many of these will perform great once we resume the gold trend. It's a good idea to hold a wide variety. majors, developers and myself im heavy weight on explorers but my point is these majors are DIRT FREAKING CHEAP right now and are worth holding... kirkland lake is another and kinross etc.Longby etfsandstuff1
Gold stocks finally ready?Painful correction. Leader is FNV. Is it ready to break this giant IH&S?Longby joeperullo1
Nice breakoutFNV is breaking the nearest resistance. It looks nice and seems can go further. Hopefully it can stay above the breaking resistance.Longby zackdinz0
Franco Nevada - Bullish Breakout TradeStrong Financial Position No debt and $1.6 billion in available capital as at September 30, 2021 Generated $206.9 million in operating cash flow for the quarter Quarterly dividend of $0.30/share Sector-Leading ESG Ranked #1 gold company by Sustainalytics, AA by MSCI and Prime by ISS ESG Committed to the World Gold Council's "Responsible Gold Mining Principles" Partnering with our operators on community and ESG initiatives Goal of 40% diverse representation at the Board and top leadership levels Diverse, Long-Life Portfolio Most diverse royalty and streaming portfolio by asset, operator and country Core assets outperforming since time of acquisition Growth in long-life reserves Growth and Optionality Acquisitions, mine expansions and new mines driving growth 10.1 million ounce increase in Measured and Indicated Mineral Resources at Detour Lake Long-term options in gold, copper and nickel Noront consolidation likely to accelerate development of Ring of Fire properties 39.78x Price to Earnings (PE) ratio = too much FNV (CA$178.55) is trading above estimated fair value (CA$144.54) Technicals Found decent support and has carved out a bull flag. If we get decent volume on a breakout to the upside , the fib extension targets are the most logical levels to look for.by TH_Analysis1
2021-10-06 Franco Nevada - supportBouncing of 61.8% retracement. Nice rejection today off that levelLongby mmjotic0
Wheaton Precious Metals' Q2 Revenues Reached New Record-HighWheaton's attributable gold equivalent production climbed to 194,140 toz and the sales amounted to 176,700 toz. Revenues grew to new record-high at $330.4 million. Two new acquisitions were completed in Q2. The dividend was raised for the fourth quarter in a row; the dividend yield equals 1.35% now.by TH_Analysis2
Franco-Nevada the bellwetherMore "Michael Oliver's Momentum Analysis" using the distance from moving average to get insights when a run might be done, starting, or just half-way through!Longby Badcharts4
Royalty and Streaming - Precious MetalsFranco-Nevada (FNV) is the largest company within the Royalty market. April 2021, TORONTO, April 19, 2021 /PRNewswire/ - Franco-Nevada has acquired 14.7% of Vale's outstanding Participating Debentures ("Royalty Debentures") from the Brazilian Development Bank ("BNDES") and the Government of Brazil for $538M. The Royalty Debentures provide holders with life of mine net sales royalties on Vale's Northern and Southeastern Iron Ore Systems and on certain copper and gold operations (together, the "Royalty"). This transaction provides royalty exposure to some of the world's largest and most profitable integrated iron ore mines with reserve weighted mine lives of 30 years and potential for multiple additional decades through reserve growth. The Royalty covers a total of 15.6 thousand square kilometers of mineral properties held by Vale in Brazil, also offering exposure to a number of development properties. The Royalty currently generates an annualized pre-tax cash yield of 10% based on acquisition cost and the most recent semi-annual Royalty Debenture payment. The amount of production capacity subject to the Royalty is expected to grow by approximately +60% by 2026 which would imply an 8% yield on investment at that time, assuming consensus long term iron ore prices. Vox Royalty (OTCPK:VOXCF) www.voxroyalty.com − BULONG (Gold) (Black Cat Syndicate) Western Australian open pit gold project, mining commencement targeted for Q4 2021 with 1.5Mtpa mill optioned for purchase in Feb-2021 − BRITS (Vanadium) (Bushveld Minerals) Adjacent to producing open pit vanadium mine, royalty covers outcropping Brits deposit with “potential to provide additional feed tonnage for Vametco and, if required, concentrate feed for the Vanchem plant” − MT IDA (Gold) (Aurenne Ularring) Western Australian toll-treatment open pit gold operation targeted by former ASX operator Alt Resources Ltd, prior to $32M takeover by Private Equity group Aurenne in 2020 − PITOMBEIRAS (Vanadium) (Jangada Mines) Brazilian direct-ship open pit vanadium project targeting first production in Q1 2022 in PEA − OTTO BORE (Gold) (Northern Star) Toll-treatment feed for Thunderbox gold mine − LYNN LAKE (Gold) (Alamos Gold) Feasibility stage Canadian project (2018 study, 10 year mine life) in advanced permitting, royalty covers part of MacLellan deposit, +17000m drilling program in 2021, construction decision targeted for 2022 − BOWDENS (Silver) (Silver Mines Ltd) Feasibility stage project (2018 study, 16 year mine life), largest undeveloped primary silver project in Australia, 275Moz Ag Equivalent resource, progressing final permitting − GRAPHMADA (Graphite) (Bass Metals) Graphite mine in production 2019/2020, currently on care & maintenance post COVID19, operator reviewing feasibility on expanded restart scenario − ASHBURTON (Gold) (Kalamazoo Resources) Former Northern Star Resources project, 1.65Moz @ 2.5g/t Au resource (Feb-2013), management targeting 2Moz – 3Moz exploration target and “advancing development plans” − PEDRA BRANCA (PGM) (ValOre Metals) World class PGM resource in Brazil, mineral resource of 1.1Moz @ 1.22 g/t PGE+Au Inferred (May 2019), 2018 PEA targeted annual production of 64Koz PGM+Au over 13 year mine life − SULPHUR SPRINGS (Cu-Zn-Ag) (Venturex) Feasibility stage project (2018 study), 10 year mine life targeted, in Western Australia in final stages of permitting & optimization − MONTANORE (Silver-Copper) (Hecla Mining) 3rd largest silver-copper deposit in USA, permitting update expected in mid-2021, historical 2011 PEA targeted 15 year mine life Royal Gold (RGLD) May 2021 DENVER--(BUSINESS WIRE)-- Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we,” “us,” or “our”) reports net income of $54.0 million, or $0.82 per share, on revenue of $142.6 million in its third quarter of fiscal 2021 ended March 31, 2021 (“third quarter”). Adjusted net income1 was $55.2 million, or $0.84 per share, after excluding discrete tax expense items of $0.04 per share and a $0.03 per share gain on the change in fair value of equity securities, and a reversal of $0.01 per share for the tax effected change in fair value of equity securities. Third Quarter 2021 Highlights: Revenue of $142.6 million, an increase of 5% over the prior year quarter 68% of revenue from gold and 12% from silver at average prices of $1,794 per ounce of gold and $26 per ounce of silver Operating cash flow of $92.2 million Volume of 79,500 GEOs2 $150 million of debt, net cash3 of $220 million, with available liquidity of $1.2 billion Paid quarterly dividend of$0.30 per share, a 7% increase over the prior year quarter Khoemacau construction 92% complete, 80% base silver stream fully funded Advanced meaningful social initiatives with Pueblo Viejo joint venture and Golden Star Post-Quarter Events: Debt free after repayment of credit facility balance on April 1 Khoemacau stream rate increased to 84% of payable silver Osisko Gold Royalties (OR) Financial Highlights Earned 19,960 GEOs1 (Q1 2020 –18,159 GEOs) Record revenues from royalties and streams of $49.0 million (Q1 2020 – $37.8 million) Cash margin4 of 94% from royalty and stream interests (Q1 2020 – 91%) Consolidated cash flows from operating activities of $21.3 million (Q1 2020 – $23.8 million) Operating cash flows from the royalty and stream segment2 of $36.7 million Operating cash flows from the mining exploration and development segment3 (i.e. Osisko Development Corp. – TSX-V:ODV) of ($15.4) million Net earnings attributable to Osisko’s shareholders of $10.6 million, or $0.06 per basic share (Q1 2020 – net loss of $13.3 million, or $0.09 per basic share) Adjusted earnings5 of $18.4 million, or $0.11 per basic share3 (Q1 2020 – $7.5 million, or $0.05 per basic share) Adjusted earnings5 from the royalty and stream segment2 of $23.4 million, or $0.14 per basic share5 Adjusted loss5 from the mining exploration and development segment4 of $5.0 million, or $0.03 per basic share5 Sandstorm Gold (SAND) released its Q1 2021 financial results. www.sandstormgold.com ELY Gold Royalties (OTCQX:ELYGF) announced the acquisition of three patented mining claims within the Tonopah West property. In FY 2020, ELY generated gross revenues of C$4.12 million ($3.34 million). Its cash balance increased to C$7.38 million ($6 million).by TH_Analysis2
$FNV with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $FNV after a Positive under reaction following its earnings release placing the stock in drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Longby EPSMomentum1