Why Shares of Franco-Nevada Jumped 16% in the First Half of 2021

Beginning the new year on an inauspicious note, shares of Franco-Nevada (NYSE: FNV) sank nearly 15% through the first two months of 2021. In March, however, investors no longer gave the stock the cold shoulder, and it bounded more than 17% higher. With the stock receiving favorable coverage from Wall Street and the company reporting strong quarterly results, the gold-focused royalty and streaming business continued to shine brightly in investors' eyes.