Franco-Nevada offers the lowest risk exposure to precious metals. With a well diversified and growing portfolio of assets with no exposure to cost overruns or write-downs due to its royalty structure, this is the top company in the sector.
Franco-Nevada is the largest and one of the longest established gold and precious metals royalty and streaming companies with a market capitalization of $45 billion. It has a portfolio of over 120 producing and development assets, diversified by both type of metal and by geography. Around 79% of its revenues come from precious metals, with the remainder from oil and gas and iron ore.