Derek Evans - Franco Nevada Lead Independent Director
FNV Stock | CAD 171.44 0.77 0.45% |
Director
Mr. Derek W. Evans is Independent Director of the Company, since August 8, 2008. Derek Evans is President CEO of MEG Energy Corporationration and is a director of FrancoNevada. He served as President and CEO and a director of Pengrowth Energy Corporation from 2009 until March 15, 2018. From May to September 2009, Mr. Evans was President and Chief Operating Officer of Pengrowth Energy Trust. Mr. Evans served as President and CEO of Focus Energy Trust from May 2002 until March 2008. Mr. Evans has over 30 years of experience in a variety of operational and senior management positions in the oil and gas business in Western Canada. Mr. Evans holds a BS degree in Mining Engineering from Queens University and is a registered Professional Engineer in Alberta. Mr. Evans is also a member of the Institute of Corporationrationrate Directors. since 2019.
Age | 62 |
Tenure | 5 years |
Address | 199 Bay Street, Toronto, ON, Canada, M5L 1G9 |
Phone | 416 306 6300 |
Web | https://www.franco-nevada.com |
Franco Nevada Management Efficiency
The company has return on total asset (ROA) of (0.0457) % which means that it has lost $0.0457 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.095) %, meaning that it generated substantial loss on money invested by shareholders. 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 29th of November 2024, Return On Tangible Assets is likely to grow to -0.07. In addition to that, Return On Capital Employed is likely to grow to -0.07. At this time, Franco Nevada's Other Current Assets are very stable compared to the past year. As of the 29th of November 2024, Total Current Assets is likely to grow to about 1.7 B, while Total Assets are likely to drop about 4.3 B.Similar Executives
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Management Performance
Return On Equity | -0.095 | ||||
Return On Asset | -0.0457 |
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.
Return On Equity | -0.095 | ||||
Return On Asset | -0.0457 | ||||
Profit Margin | (0.56) % | ||||
Operating Margin | 0.66 % | ||||
Current Valuation | 31.3 B | ||||
Shares Outstanding | 192.49 M | ||||
Shares Owned By Insiders | 0.68 % | ||||
Shares Owned By Institutions | 76.25 % | ||||
Number Of Shares Shorted | 1.42 M | ||||
Price To Earning | 91.79 X |
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
Moving against Franco Stock
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.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 Commodity Directory module to find actively traded commodities issued by global exchanges.