{"id":363853,"date":"2021-01-05T20:55:56","date_gmt":"2021-01-06T04:55:56","guid":{"rendered":"https:\/\/nai500.com\/?p=363853"},"modified":"2021-01-05T20:59:06","modified_gmt":"2021-01-06T04:59:06","slug":"%e6%af%94%e7%89%b9%e5%b8%81-%e5%a6%96%e9%a3%8e-%e5%a4%aa%e5%a4%a7-%e8%b8%8f%e8%b8%8f-%e5%ae%9e%e5%ae%9e-%e9%80%89%e5%87%ba-%e5%a5%bd%e8%82%a1%e7%a5%a8-%e6%89%8d%e6%98%af-%e7%8e%8b%e9%81%93%ef%bc%81","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2021\/01\/%e6%af%94%e7%89%b9%e5%b8%81-%e5%a6%96%e9%a3%8e-%e5%a4%aa%e5%a4%a7-%e8%b8%8f%e8%b8%8f-%e5%ae%9e%e5%ae%9e-%e9%80%89%e5%87%ba-%e5%a5%bd%e8%82%a1%e7%a5%a8-%e6%89%8d%e6%98%af-%e7%8e%8b%e9%81%93%ef%bc%81\/","title":{"rendered":"\u6bd4\u7279\u5e01\u5996\u98ce\u592a\u5927\uff0c\u8e0f\u8e0f\u5b9e\u5b9e\u9009\u51fa\u597d\u80a1\u7968\u624d\u662f\u738b\u9053\uff01"},"content":{"rendered":"

\u6bd4\u7279\u5e01\u6700\u8fd1\u53c8\u5f00\u59cb\u4f5c\u5996\u4e86\uff0c\u4ef7\u683c\u76ee\u524d\u662f\u4e00\u5e74\u524d\u7684\u56db\u500d\uff0c\u8981\u8bf432,795\u7f8e\u5143\u7684\u4ef7\u683c\u6ca1\u6709\u6ce1\u6cab\u4f30\u8ba1\u4e5f\u6ca1\u591a\u5c11\u4eba\u76f8\u4fe1\u3002\u9000\u4e00\u4e07\u6b65\u8bb2\uff0c\u4ee5\u73b0\u5728\u7684\u4ef7\u683c\u6295\u8d44\u6bd4\u7279\u5e01\u4e5f\u65e0\u5f02\u4e8e\u73a9\u706b\u3002\u5f53\u7136\uff0c\u770b\u597d\u5b83\u7684\u6295\u8d44\u8005\u4ecd\u7136\u53ef\u4ee5\u6301\u6709\uff0c\u4f5c\u4e3a\u591a\u5143\u5316\u6295\u8d44\u7ec4\u5408\u7684\u4e00\u90e8\u5206\u3002<\/p>\n

\u5386\u53f2\u4e0a\uff0c\u5f53\u7f8e\u5143\u76f8\u5bf9\u4e8e\u5176\u4ed6\u8d27\u5e01\u8d2c\u503c\u65f6\uff0c\u4ee5\u7f8e\u5143\u8ba1\u4ef7\u7684\u9ec4\u91d1\u4ef7\u683c\u5f80\u5f80\u4f1a\u4e0a\u6da8\u3002\u81ea2020\u5e743\u6708\u4ee5\u6765\uff0c\u7f8e\u5143\u5151\u52a0\u5143\u6c47\u7387\u4e00\u76f4\u8d70\u4f4e\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u80a1\u5e02\u5728\u53bb\u5e74\u4e09\u6708\u4efd\u66b4\u8dcc\u540e\u5927\u90e8\u5206\u65f6\u95f4\u4e00\u76f4\u5904\u5728\u53cd\u5f39\u4e2d\u3002<\/p>\n

\u672c\u5468\u4e00\uff0c\u4e5f\u662f\u65b0\u5e74\u540e\u7684\u7b2c\u4e00\u4e2a\u4ea4\u6613\u65e5\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u4e0b\u8dcc\u4e86\u8fd11%\uff0c\u800c\u5c3d\u7ba1\u8d35\u91d1\u5c5e\u4ef7\u683c\u6ce2\u52a8\u4e0d\u5927\uff0c\u9ec4\u91d1\u548c\u767d\u94f6\u7684\u80a1\u7968\u5219\u5728\u4e0a\u6da8\u3002\u539f\u56e0\u53ef\u80fd\u662f\u4e00\u4e9b\u8d44\u91d1\u56de\u6d41\u5230\u8d35\u91d1\u5c5e\u80a1\u7968\u4e2d\uff0c\u5bfb\u6c42\u4e00\u4e2a\u5b89\u5168\u7684\u907f\u98ce\u6e2f\u3002<\/p>\n

SPDR Gold Trust\u672c\u5468\u4e0a\u6da8\u4e862%\uff0ciShares Silver Trust\u4e0a\u6da8\u4e863%\u3002\u800c\u4e00\u4e9b\u72ec\u7acb\u7684\u8d35\u91d1\u5c5e\u80a1\u8868\u73b0\u8fd8\u8981\u66f4\u597d\u5f97\u591a\uff0c\u8fd9\u8868\u660e\uff0c\u6709\u9009\u62e9\u5730\u6295\u8d44\u4e2a\u522b\u7684\u91d1\u94f6\u80a1\u53ef\u80fd\u4f1a\u83b7\u5f97\u4e30\u539a\u7684\u56de\u62a5\u3002\u6bd4\u5982Franco-Nevada<\/strong>(TSX:FNV)<\/a>(NYSE:FNV)<\/a>\u548cWheaton Precious Metals<\/strong>(TSX:WPM)<\/a>(NYSE:WPM)<\/a>\uff0c\u6628\u65e5\u6da8\u5e45\u5206\u522b\u4e3a\u8d85\u8fc75%\u548c\u63a5\u8fd19%\u3002<\/p>\n

Franco-Nevada<\/h2>\n

\u5c31\u7b97\u662f\u53ea\u6253\u7b97\u4e70\u4e00\u652f\u9ec4\u91d1\u80a1\u7968\uff0cFranco-Nevada\u4e5f\u503c\u5f97\u5728\u8003\u8651\u4e4b\u5185\u3002\u4f5c\u4e3a\u4e00\u5bb6\u6743\u5229\u91d1\u548c\u8d35\u91d1\u5c5e\u4ea7\u91cf\u6d41\u8f6c\u516c\u53f8\uff0c\u8be5\u516c\u53f8\u4eab\u6709\u7ea622%\u7684\u9ad8\u51c0\u5229\u6da6\u7387\uff0c\u800c\u4e14\u6ca1\u6709\u4efb\u4f55\u503a\u52a1\u3002<\/p>\n

Franco-Nevada\u4e0d\u7528\u7ecf\u8425\u4efb\u4f55\u4e00\u5bb6\u8017\u65f6\u53c8\u70e7\u94b1\u7684\u77ff\u5c71\uff0c\u5374\u80fd\u83b7\u5f97\u6240\u6295\u8d44\u7684\u5404\u4e2a\u77ff\u5c71\u672a\u6765\u7684\u91d1\u5c5e\u4ea7\u91cf\uff0c\u800c\u4e14\u662f\u4ee5\u4e8b\u5148\u5546\u5b9a\u597d\u7684\u6298\u6263\u4ef7\u683c\u3002<\/p>\n

\u8be5\u516c\u53f8\u6700\u8fd1\u53d1\u5e03\u7684\u7b2c\u4e09\u5b63\u5ea6\u8d22\u62a5\u663e\u793a\uff0c\u8d35\u91d1\u5c5e\u8d21\u732e\u4e8692%\u7684\u6536\u5165\uff0c\u5176\u4e2d74%\u6765\u81ea\u9ec4\u91d1\u3002Franco-Nevada\u7684\u76ee\u6807\u662f\u5c06\u80fd\u6e90\u5bf9\u6536\u5165\u7684\u8d21\u732e\u9650\u5236\u572820%\u4ee5\u5185\u30022020\u5e74\u7b2c\u4e00\u5b63\u5ea6\u5230\u7b2c\u4e09\u5b63\u5ea6\uff0c\u7531\u4e8e\u8d35\u91d1\u5c5e\u4ef7\u683c\u4e0a\u6da8\uff0c\u8be5\u516c\u53f8\u8c03\u6574\u540e\u7684EBITDA(\u73b0\u91d1\u6d41\u7684\u6307\u6807)\u589e\u957f\u4e8624%\u3002<\/p>\n

Wheaton Precious Metals<\/h2>\n

Wheaton Precious Metals\u662f\u5168\u7403\u76ee\u524d\u6700\u5927\u7684\u8d35\u91d1\u5c5e\u4ea7\u91cf\u6d41\u8f6c\u516c\u53f8\u4e4b\u4e00\uff0c\u53d7\u76ca\u4e8e\u8d35\u91d1\u5c5e\u4ef7\u683c\u4e0a\u6da8\u4ee5\u53ca\u65b0\u7684\u4ea7\u91cf\u6d41\u8f6c\u534f\u8bae\u53ef\u80fd\u5e26\u6765\u7684\u589e\u957f\u3002<\/p>\n

\u8be5\u516c\u53f8\u5750\u4eab41%\u7684\u8d85\u9ad8\u51c0\u5229\u6da6\u7387\uff0c\u800c\u4e14\u503a\u52a1\u5f88\u5c11\u3002\u76ee\u524d\uff0cWheaton Precious Metals\u4e0e\u5927\u7ea620\u5bb6\u6b63\u5728\u8fd0\u8425\u7684\u77ff\u5c71\u7b7e\u8ba2\u4e86\u4ea7\u91cf\u6d41\u8f6c\u534f\u8bae\u3002\u6b63\u5728\u5f00\u53d1\u7684\u4e5d\u4e2a\u9879\u76ee\u8fd8\u53ef\u80fd\u5e26\u6765\u66f4\u591a\u589e\u957f\u673a\u4f1a\u3002Wheaton\u7684\u5408\u4f5c\u4f19\u4f34\u90fd\u662f\u4e00\u4e9b\u5168\u7403\u6700\u5927\u7684\u77ff\u5546\uff0c\u5305\u62ec\u5df4\u91cc\u514b\u548cHudbay\u7b49\u3002<\/p>\n

\u4ece2020\u5e74\u7b2c\u4e00\u5b63\u5ea6\u5230\u7b2c\u4e09\u5b63\u5ea6\uff0c\u8be5\u516c\u53f8\u6536\u5165\u540c\u6bd4\u589e\u957f\u4e8627%\u3002\u9ec4\u91d1\u6536\u5165\u5360\u603b\u6536\u5165\u768460%\u5de6\u53f3\uff0c\u767d\u94f6\u6536\u5165\u536035%\u3002\u5728\u6b64\u671f\u95f4\uff0c\u8be5\u516c\u53f8\u8c03\u6574\u540e\u7684\u6bcf\u80a1\u6536\u76ca\u589e\u957f\u4e86\u4e00\u500d\u591a\uff0c\u800c\u4e14\u8fd0\u8425\u73b0\u91d1\u6d41\u589e\u957f\u4e86\u7ea650%\u3002<\/p>\n

\u54ea\u53ea\u80a1\u7968\u66f4\u80dc\u4e00\u7b79\uff1f<\/h2>\n

\u603b\u7684\u6765\u8bf4\uff0c\u8d35\u91d1\u5c5e\u80a1\u7968\u7684\u8d70\u52bf\u5927\u4f53\u662f\u4e00\u81f4\u7684\uff0c\u4f46Wheaton Precious Metals\u8fd9\u53ea\u80a1\u7968\u7684\u6ce2\u52a8\u6027\u66f4\u5927\uff0c\u4f46\u540c\u65f6\u5728\u4e00\u5e74\u3001\u4e09\u5e74\u548c\u4e94\u5e74\u7684\u6295\u8d44\u671f\u9650\u5185\u4e5f\u5e26\u6765\u4e86\u66f4\u5927\u7684\u56de\u62a5\u3002\u8fc7\u53bb12\u4e2a\u6708\uff0cFranco-Nevada\u548cWheaton Precious Metals\u5728\u591a\u4f26\u591a\u8bc1\u5238\u4ea4\u6613\u6240\u7684\u603b\u56de\u62a5\u7387\u5206\u522b\u7ea6\u4e3a26%\u548c50%\u3002\u5206\u6790\u5e08\u5bf9Franco-Nevada\u768412\u4e2a\u6708\u5e73\u5747\u76ee\u6807\u4ef7\u4e3a167\u7f8e\u5143\uff0c\u610f\u5473\u7740\u77ed\u671f\u4e0a\u884c\u6f5c\u529b\u7ea6\u4e3a27%\u3002Wheaton Precious Metals\u7684\u77ed\u671f\u76ee\u6807\u4ef7\u4e3a60.60\u7f8e\u5143\uff0c\u4e0a\u5347\u7a7a\u95f4\u7ea6\u4e3a34%\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6bd4\u7279\u5e01\u6700\u8fd1\u53c8\u5f00\u59cb\u4f5c\u5996\u4e86\uff0c\u4ef7\u683c\u76ee\u524d\u662f\u4e00\u5e74\u524d\u7684\u56db\u500d\uff0c\u8981\u8bf432,795\u7f8e\u5143\u7684\u4ef7\u683c\u6ca1\u6709\u6ce1\u6cab\u4f30\u8ba1\u4e5f\u6ca1\u591a\u5c11\u4eba\u76f8\u4fe1\u3002\u9000\u4e00\u4e07\u6b65 […]<\/p>\n","protected":false},"author":31,"featured_media":363854,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[424,427,1521],"tags":[1668,893,659,440],"class_list":["post-363853","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-zh-hans","category-market-news-zh-hans","category-1521","tag-covid-19-zh-hans","tag-893","tag-659","tag-440","sectors-mining-zh-hans","sectors-gold-zh-hans","locations-canada-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/363853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=363853"}],"version-history":[{"count":0,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/363853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/363854"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=363853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=363853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=363853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}