5 Pro-Life Companies to Invest In

In this article, we will take a look at the 5 pro-life companies to invest in. To see more such companies, click 10 Pro-Life Companies to Invest In.

5. Franco-Nevada Corporation (NYSE:FNV)

Franco-Nevada Corporation (NYSE:FNV) is a Canadian company that is operating in two segments: Mining and Energy. The gold-focused company posted mixed third quarter results back in November, posting an adjusted EPS of $0.83 which missed estimates by $0.03. Revenue in the period fell 3.8% to total $304.3 million. However, the company said that it was on track to meet its full-year guidance. Copper production guidance for 2022 was however slashed from 330,000 – 360,000 tonnes to 340,000 – 350,000 tonnes.

Over the past 12 months, Franco-Nevada Corporation (NYSE:FNV) shares have gained about 10%, a no ordinary feat given the market situation in 2022. The company is also a dividend payer. In January last year, its board upped the company’s quarterly dividend by 6.7%.

Here is what Horizon Kinetics has to say about Franco-Nevada Corporation (NYSE:FNV) in its Q3 2022 investor letter:

“Back to basic principles. We don’t hold gold in client portfolios, we hold gold royalty companies. The two have surprisingly little in common. The gold royalty company generates very impressive profits even if the gold price never rises, and it earns those profits year after year. Here is a long-term chart of Franco Nevada Corp., the premier gold royalty company vs. gold itself: a comparable gold price today than a decade ago, yet Franco Nevada returned 12.5% annually, matching the S&P 500 return, despite its nearsole source of revenues unchanged. What will Franco Nevada’s earnings and share price do if gold rises over the course of a decade?”