David Harquail - Franco Nevada Chief Executive Officer, Director

FNV Stock  CAD 223.53  0.89  0.40%   

CEO

Mr. David Harquail is Chief Executive Officer, Director of the Company. He is Chair of the World Gold Council and serves as a director of the Bank of Montreal. He served in senior executive roles at Newmont from 20022007. Prior to the acquisition by Newmont of Old FrancoNevada in 2002, Mr. Harquail was with Old FrancoNevada for a period of 15 years with the final position of Senior Vice President responsible for the metals royalty division and corporate development. He has also held roles as President and CEO of Redstone Resources Inc., as a director of Inco Limited, Echo Bay Mines Limited, Kinross Gold Corporation and the Prospectors and Developers Association of Canada and as a task force advisor to the Toronto Stock Exchange since 2020.
Age 62
Tenure 5 years
Professional MarksMBA
Address 199 Bay Street, Toronto, ON, Canada, M5L 1G9
Phone416 306 6300
Webhttps://www.franco-nevada.com
Harquail holds a B.A.Sc. in Geological Engineering from the University of Toronto, an MBA from McGill University and is a registered Professional Engineer in Ontario. He is also a major benefactor of the School of Earth Sciences and its Mineral Exploration Research Centre at Laurentian University in Sudbury as well as the Centre for Neuromodulation at Sunnybrook Health Sciences in Toronto.

Franco Nevada Management Efficiency

The company has return on total asset (ROA) of 0.0734 % which means that it generated a profit of $0.0734 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0939 %, meaning that it generated $0.0939 on every $100 dollars invested by stockholders. Franco Nevada's management efficiency ratios could be used to measure how well Franco Nevada manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of March 2025, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.12. At this time, Franco Nevada's Total Current Assets are very stable compared to the past year. As of the 23rd of March 2025, Return On Tangible Assets is likely to grow to 0.09, while Total Assets are likely to drop about 4.5 B.
Franco Nevada has accumulated 333.8 M in total debt with debt to equity ratio (D/E) of 4.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Franco Nevada has a current ratio of 25.49, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Franco Nevada until it has trouble settling it off, either with new capital or with free cash flow. So, Franco Nevada's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Franco Nevada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Franco to invest in growth at high rates of return. When we think about Franco Nevada's use of debt, we should always consider it together with cash and equity.

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Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. The company was founded in 1983 and is headquartered in Toronto, Canada. FRANCO NEVADA operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange. Franco Nevada (FNV) is traded on Toronto Exchange in Canada and employs 25 people. Franco Nevada is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Franco Nevada Leadership Team

Elected by the shareholders, the Franco Nevada's board of directors comprises two types of representatives: Franco Nevada inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Franco. The board's role is to monitor Franco Nevada's management team and ensure that shareholders' interests are well served. Franco Nevada's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Franco Nevada's outside directors are responsible for providing unbiased perspectives on the board's policies.
Maureen Jensen, Independent Director
Traci Schweikert, Chief Officer
CA BBA, Chief Officer
Candida Hayden, IR Contact
Phil Wilson, VP Technical
Pierre Lassonde, Independent Chairman of the Board
Lloyd Hong, Chief Legal Officer and Corporate Secretary
Derek Evans, Lead Independent Director
John Blanchette, President Barbados
David Peterson, Independent Director
Kevin McElligott, Managing Australia
Randall Oliphant, Independent Director
David Harquail, Chief Executive Officer, Director
Louis Gignac, Independent Director
Nalinie Mahon, Vice Barbados
Thomas Albanese, Independent Director
Elliott Pew, Independent Director
Paul Brink, President, Chief Executive Officer, Director
Catharine Farrow, Independent Director
Jason OConnell, Vice President - Oil & Gas
Jennifer Maki, Independent Director
Chris Bell, Vice Geology
Eaun Gray, Senior Development
Sandip Rana, Chief Financial Officer
Adrian Wong, Vice Tax

Franco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Franco Nevada a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Franco Nevada

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franco Nevada position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franco Nevada will appreciate offsetting losses from the drop in the long position's value.

Moving together with Franco Stock

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Moving against Franco Stock

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The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franco Nevada - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franco Nevada to buy it.
The correlation of Franco Nevada is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franco Nevada can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between Franco Nevada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franco Nevada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franco Nevada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.