|Bid||76.32 x 1100|
|Ask||80.88 x 1000|
|Day's Range||76.29 - 77.01|
|52 Week Range||58.26 - 77.92|
|Beta (3Y Monthly)||-0.00|
|PE Ratio (TTM)||67.22|
|Forward Dividend & Yield||0.96 (1.25%)|
|1y Target Est||81.27|
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO) is excited to announce that it has closed the sale of a 2% net smelter returns royalty (the “NSR”) to Franco-Nevada Corporation (“Franco-Nevada”) (TSX, NYSE: FNV) linked to production at the Valentine Lake Gold Camp in central Newfoundland, for gross proceeds of CAD $18,000,000. The NSR applies to the entire Valentine Lake property and covers the sales of precious and base metals and minerals. Marathon has an option to buy back 0.5% of the NSR for US $7 million until December 31, 2022. “Franco-Nevada's purchase of the NSR is a major endorsement of the Valentine Lake project by one of the best-known and regarded public royalty companies," said Phillip Walford, President and CEO of Marathon.
The $11 billion VanEck Vectors Gold Miners ETF, ticker GDX, saw trading volume spike to its highest in two months Tuesday. GDX is the largest materials ETF and tracks corporations that are primarily involved in mining gold and silver. The precious metal offers a potential hedge against global political uncertainties like the U.S.-China trade war.
Solid commercial and operational performance across International Paper's (IP) three businesses is likely to drive its results.
Franco-Nevada Corporation is pleased to announce that its Board of Directors has declared a quarterly dividend of US$0.24 per common share. The Company has a Dividend Reinvestment Plan (the "DRIP"). Participation in the DRIP is optional.
Franco-Nevada (FNV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Cabot's (CBT) performance in Q1 hurt by weaker environment in China along with softer automotive demand and customer inventory destocking. The company lowers adjusted EPS view for fiscal 2019.
Get exposure to the commodity sector while minimizing operational and geopolitical risk by purchasing Franco-Nevada Corp. (TSX:FNV)(NYSE:FNV).
WestRock's (WRK) first-quarter fiscal 2019 results are likely to be hurt by scheduled maintenance downtime and the impact of Hurricane Michael.
While Eastman Chemical (EMN) faces headwind from higher raw material costs, it should gain from cost actions and sustained growth of high margin products in Q4.