Published on 22 Apr 2024 on Insider Monkey via Yahoo Finance
Should You Invest in Franco-Nevada Corporation (FNV)?
White Falcon Capital Management, an investment fund manager, released its first quarter 2024 investor letter. A copy of the same can be downloaded here. The portfolio achieved a satisfactory result on an absolute basis during the quarter. In the first quarter, the fund was up 8.7% compared to a 12.8% return for the S&P 500 (CAD), 10.5% for the MSCI All Country (CAD), and 6.6% for the S&P TSX TR. In addition, please check the fund’s top five holdings to know its best picks in 2024.
White Falcon Capital Management featured stocks like Franco-Nevada Corporation (NYSE:FNV) in its Q1 2024 investor letter. Headquartered in Toronto, Canada, Franco-Nevada Corporation (NYSE:FNV) is a gold-focused royalty and streaming company. On April 19, 2024, Franco-Nevada Corporation (NYSE:FNV) stock closed at $121.47 per share. One-month return of Franco-Nevada Corporation (NYSE:FNV) was 3.40%, and its shares lost 21.84% of their value over the last 52 weeks. Franco-Nevada Corporation (NYSE:FNV) has a market capitalization of $22.809 billion.