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Mining Weekly reported that Franco Nevada stock price took a hit on disappointing quarterly results.
Mining Weekly reported that Franco Nevada stock price took a hit on disappointing quarterly results.
As quoted in the market report:
The company posted a loss of $33.1-million or 23c a share for the quarter ended December 31, after being hit by a $74.1-million impairment charge on the value of its Arctic Gas assets, in Northern Canada, and an $8.6-million charge on other long-term investments.
