Franco-Nevada Corporation is a Canada-based gold-focused royalty and streaming company. Co. focuses on precious metals, including gold, silver, and platinum group metals. Co. owns a portfolio of royalty, stream and working interests, covering properties at various stages, from production to early exploration located in South America, Central America and Mexico, U.S., Canada, Australia, Europe and Africa. Its segments include Mining and Energy. We show 14 historical shares outstanding datapoints in our FNV shares outstanding history coverage, used to compute FNV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FNV market cap history over the course of time is important for investors
interested in comparing FNV's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FNV versus a peer is one thing; comparing
FNV market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FNV can fluctuate over the course of history.
With this page we aim to empower investors researching FNV by allowing them to research the FNV market cap history. |
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Video: The Importance of Market Cap
