Franco-Nevada shares dropped 8.39% due to a $0.03 EPS miss, while major banks maintain positive outlooks.
Franco-Nevada's shares dropped 8.39% after reporting a $0.03 earnings per share (EPS) miss, coming in at $0.75 instead of the expected $0.78. Despite this, Scotiabank, Bank of America, Jefferies Financial Group, and HC Wainwright maintain positive outlooks and have upgraded their price targets and ratings for the company. The gold-focused royalty and streaming organization operates in South America, Central America, Mexico, the United States, Canada, and internationally, with a concentration on precious metals like gold, silver, and platinum group metals.
August 14, 2024
10 Articles