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Franco-Nevada Corporation (FNV): A Bull Case Theory 

We came across a bullish thesis on Franco-Nevada Corporation on Value Investing by Double Alpha Factory’s Substack by Maksim. In this article, we will summarize the bulls’ thesis on FNV. Franco-Nevada Corporation's share was trading at $197.27 as of September 8th. FNV’s trailing and forward P/E were 47.61 and 34.97 respectively according to Yahoo Finance.

Franco-Nevada (FNV) stands out as a premier royalty and streaming company that provides a unique way to gain exposure to gold while avoiding many of the risks faced by miners. With only 40–50 employees and an expense ratio...