Franco-Nevada: A High-Quality Compounder Worth Paying Up For (Rating Upgrade)

Since I last covered Franco-Nevada Corporation ( FNV ) with a Hold rating, shares are up 27.65% on a total return basis versus 2.99% for the S&P 500. Over the same period, gold rose 11.4%, while silver soared an eye-catching 84.2%.I work on the buy-side in Fixed Income. In my spare time, I'm out here Seeking Alpha. When it comes to my investment outlook—I'm here to remind you to "Always Protect Your Nuts!" I have a special interest in the Mining and Real Estate sectors.Analyst’s Disclosure:I/we have a benef ...