5 Best Gold Stocks For Inflation

In this article, we will take a look at the 5 Best Gold Stocks For Inflation. For a quick overview of the current market trends regarding gold, click on the 11 Best Gold Stocks For Inflation. 

5. Franco-Nevada Corporation (NYSE:FNV)

Number of Hedge Fund Investors: 27

Dividend Percentage as of February 2: 1.37%

Franco-Nevada Corporation (NYSE:FNV), headquartered in Toronto, Ontario, Canada, is a gold-focused royalty and streaming company boasting a diversified portfolio of cash-flow-producing assets. As of February 2, the stock offered a dividend yield of 1.34%.

On December 4, BMO Capital adjusted the price target for Franco-Nevada Corporation (NYSE:FNV) to C$200 from C$214 while maintaining an Outperform rating on the shares.

According to Insider Monkey’s database, hedge fund sentiment towards Franco-Nevada Corporation (NYSE:FNV) was positive. In the third quarter of 2023, 27 funds had investments in the stock, compared to 23 funds in the previous quarter. Holding nearly 2.26 million shares valued at over $301.556 million, First Eagle Investment Management emerged as the largest stakeholder in the company.