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Top Picks 2020: Franco Nevada (FNV) and B2Gold (BTG)

01/13/2020 5:00 am EST


Mark Skousen

Editor, Forecasts & Strategies, High-Income Alert

I'm bullish on gold, due to easy money policies by the Fed, and volatility & instability in an election year, as well as potential geo-political trouble, asserts growth stock expert Mark Skousen, editor of the industry-leading advisory, Forecasts & Strategies.

For conservative investors, my 2020 recommendation is Franco Nevada Corp. (FNV); the Toronto-based mining/energy finance company, is now ahead 48% this year, handling beating the market. I suspect we won’t see FNV falling under $100 a share again. 

It has a lot of upside potential since earnings and revenue growth have accelerated for three straight quarters, especially the last one. It is the only stock in the mining sector that has a long-term upward trend. It has a rising though modest dividend plan (1%).  

For speculators, my 2020 recommendation is B2Gold (BTG), a Vancouver-based low-priced (below $4) gold mining stock with great promise, and could even be a buy out candidate.  It was founded in 2006 by executives from Bema Gold. 

It has built a diversified portfolio of mines in Nicaragua, the Philippines, Mali, Colombia, and Namibia with relatively low debt. It’s already making money. 

Third-quarter results released in November were spectacular, with $311 million in revenues, and earnings coming in at 9 cents per share in the quarter, up an impressive 125% from the prior-year quarter. 

It produced a record 258,200 ounces, 7% above the company’s budget. The Fekola Mine in Mali is expected to produce 450,000 ounces this year, and 600,000 ounces in 2020.  It also announced its first dividend, a modest 1 cent per share. 

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