Keeley Asset Management Comments on Franco-Nevada Corp

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Jul 28, 2020

Franco-Nevada Corporation (FNV, Financial) (FNV - $139.64 – NYSE) is a leading gold-focused royalty and streaming company that bene ts from the continued rise in gold prices and the expectation for this to continue. In addition to the rise in gold prices, the company has nice organic growth projects with the Cobre Panama mine now operational and the addition of high-quality oil and gas royalties. e company is well positioned with a debt-free balance sheet and plenty of liquidity for potential accretive M&A activity.

From Keeley Asset Management Corp (Trades, Portfolio)'s Mid Cap Dividend Value Fund second-quarter 2020 shareholder commentary.