What’s Driving Franco-Nevada’s Stock Price Up?
Written by Amy Legate-Wolfe at The Motley Fool Canada
A lot of the time, we might look at a company rising in share price and think, “What’s going on here?” The fear that we’re missing out can be strong, even leading some investors to buy before they truly understand a company’s increase in share price.
That’s what’s happening with Franco-Nevada (TSX:FNV). The royalty and streaming company has seen shares surge 71% in the last year, so what’s going on exactly? Today, let’s take a look at this top gold stock on the TSX and whether it belongs in your long-term portfolio.
Perhaps the biggest driver for this mining stock is the price of gold. FNV is a royalty and streaming…
