This is a royalty company with very little operating cost and a royalty stream diversified amongst junior energy and PGMs but mostly Gold and Silver . In this unprecedented environment with economic uncertainty, money-printing and record low yields and interest rates, what more can you ask for?
Franco has posted record revenue/ EPS / quarter over quarter for the last number of years and nothing will change.
In-fact, even in bear markets for Gold , this company has done remarkably well.
Now is the time to enter pre-earnings (which is coming up!) and one to hold for years to come.
2020 TP: $200-225