Owners of Franco-Nevada (NYSE: FNV) shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $46.00 as of 9:36 a.m. ET, the dividend yield is 1.6%. The average volume for Franco-Nevada has been 526,000 shares per day over the past 30 days. Franco-Nevada has a market cap of $6.6 billion and is part of the metals & mining industry. Shares are down 20% year to date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Australia, and Africa. The company has interests in platinum group metal, oil and gas, and other resource properties. The company has a P/E ratio of 85.85. TheStreet Ratings rates Franco-Nevada as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and premium valuation. You can view the full Franco-Nevada Ratings Report now.
Before you invest in business development companies (BDCs) holding loans with real estate or other hard assets and mortgage real estate investment trusts (mREITs), understand these differences between the two instruments.