|Bid||183.18 x 0|
|Ask||183.47 x 0|
|Day's Range||180.72 - 183.78|
|52 Week Range||105.93 - 222.15|
|Beta (5Y Monthly)||0.64|
|PE Ratio (TTM)||164.58|
|Forward Dividend & Yield||1.39 (0.75%)|
|Ex-Dividend Date||Sep. 09, 2020|
|1y Target Est||N/A|
TORONTO, Oct. 8, 2020 /CNW/ - Third Quarter Results Release:November 4th after market close Conference Call and Webcast:November 5th 10:00 am ET Dial–in Numbers:Toll–Free: 1–888–390–0546 International: 416–764–8688 Webcast:www.
Franco-Nevada To Release Second Quarter 2020 Results
The Corporation today entered into an agreement with SolGold PLC ("SolGold") to acquire a 1% net smelter royalty ("NSR") with reference to all minerals produced from the Alpala copper-gold project in northern Ecuador for $100 million . The Alpala project is owned by Exploraciones Novomining SA, which is held 85% by SolGold and 15% by Cornerstone Capital Resources Inc. The NSR will cover the 4,979 hectare Cascabel concession and closing of the acquisition is subject to on-site confirmatory due diligence which will be completed once COVID-19 travel restrictions are lifted. In the interim, the Corporation has agreed to provide SolGold with a bridge loan of $15 million for a period of up to 8 months.