Pierre Lassonde - Franco Nevada Independent Chairman of the Board
| FNV Stock | CAD 171.44 0.77 0.45% |
Chairman
Mr. Pierre Paul Lassonde is Independent Chairman of the Board of the Company. Pierre Lassonde is the independent Chair of the Board. In this capacity, Mr. Lassonde provides leadership to the Board of Directors in discharging their duties but is not involved in the daytoday operations of the Corporationrationration. For further details, please see Statement of Governance Practices Chair of the Board. Mr. Lassonde formerly served as President of Newmont Mining Corporation from 2002 to 2006 and as a director and ViceChair of Newmont until November 30, 2007. Previously, Mr. Lassonde served as a director and President and CoCEO of FrancoNevada Mining Corporation Limited . Mr. Lassonde also served as President and CEO of EuroNevada Mining Corporation Limited from 1985 to 1999, prior to its amalgamation with Old FrancoNevada. Mr. Lassonde served as a director of Normandy Mining Limited from 2001 to 2002 and of New Gold Inc. from 2008 to 2016. Mr. Lassonde is past Chair and a past director of the World Gold Council, past Chair of the Quebec National Art Museum and a director of Enghouse Systems Limited. Mr. Lassonde received his Chartered Financial Analyst designation from the CFA Institute in 1984, a P. Eng in 1976, a MBA from the University of Utah in 1973, a B.Sc. from Ecole Polytechnique in 1971 and a B.A. from Seminaire de St. HyacintheUniversit de Montral in 1967 since 2020.
| Age | 76 |
| Tenure | 4 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
| Found 6 records | CHAIRMAN Age | ||
| Paul Murphy | Alamos Gold | 68 | |
| Douglas Holtby | Wheaton Precious Metals | 71 | |
| James Nasso | Agnico Eagle Mines | 85 | |
| Sean Roosen | Osisko Gold Ro | 54 | |
| David Witt | Sandstorm Gold Ltd | 66 | |
| Sean Boyd | Agnico Eagle Mines | 60 | |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.