On Friday, Franco-Nevada earned an upgrade to its Relative Strength (RS) Rating, from 67 to 73.
Can You Really Time The Stock Market?
IBD's unique RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Franco-Nevada can continue to show renewed price strength and hit that benchmark.
Franco-Nevada is trying to complete a consolidation with a 179.99 entry. See if the stock can break out in volume at least 40% higher than normal.
Taking a look at top and bottom line numbers, the company has posted rising EPS growth over the last three quarters. Revenue gains have also risen over the same time frame. Franco-Nevada is expected to release its next quarterly numbers on or around Aug. 11.
The company earns the No. 25 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, AngloGold Ashanti and Caledonia Mining are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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