Freehold Royalties Ltd (TSX:FRU)
C$ 13.91 0.18 (1.31%) Market Cap: 2.10 Bil Enterprise Value: 2.33 Bil PE Ratio: 13.91 PB Ratio: 2.27 GF Score: 85/100

Q3 2019 Freehold Royalties Ltd Earnings Call Transcript

Nov 14, 2019 / 02:00PM GMT
Release Date Price: C$6.84 (+3.17%)
Operator

Good morning, ladies and gentlemen, and welcome to the Freehold Royalties Ltd. third quarter conference call. Please be advised that certain statements on this call constitute forward-looking information. These statements relate to future events or are expectations for future performance. All statements other than those of historical facts may be forward-looking, and we caution the listener.

I will now pass the call over to Tom Mullane, Chief Executive Officer of Freehold. Please go ahead, Mr. Mullane.

Thomas J. Mullane
Freehold Royalties Ltd. - President, CEO & Director

Thank you, and good morning. Also joining me from Freehold are David Spyker, our Chief Operating Officer; Bob Lamond, our Vice President of Asset Development; Alan Withey, our Chief Financial Officer; Matt Donohue, our Manager, Investor Relations and Capital Markets; and myself, of course. We will summarize our third quarter results, and then we'll be happy to answer questions.

Some quarterly highlights include funds from operations totaled $28 million or $0.24 a share,

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