Franco-Nevada
FNV

$128.34

1.68%

Market Cap: $24.7B

About: Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the US, Canada, and Australia.

Employees: 40

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

84% more call options, than puts

Call options by funds: $301M | Put options by funds: $164M

2.84% more ownership

Funds ownership: 68.32% [Q1] → 71.15% (+2.84%) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 165

2% more capital invested

Capital invested by funds: $15.7B [Q1] → $16B (+$320M) [Q2]

4% less funds holding

Funds holding: 486 [Q1] → 467 (-19) [Q2]

21% less funds holding in top 10

Funds holding in top 10: 14 [Q1] → 11 (-3) [Q2]

27% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 70

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Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$133

4%

upside

Avg. target

$151

17%

upside

High target

$185

44%

upside

4 analyst ratings

2 positive

50%

2 neutral

50%

0 negative

0%

Scotiabank Tanya Jakusconek 0 / 0 met price target	11%upside $142	Sector Perform Maintained	19 Aug 2024
HC Wainwright & Co. Heiko Ihle 55% 1-year accuracy 22 / 40 met price target	44%upside $185	Buy Reiterated	16 Aug 2024
Jefferies Chris LaFemina 100% 1-year accuracy 3 / 3 met price target	4%upside $133	Hold Maintained	12 Jul 2024
B of A Securities Lawson Winder 0 / 0 met price target	11%upside $142	Buy Maintained	26 Jun 2024

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Financial journalist opinion

Zacks Investment Research

Why Is Franco-Nevada (FNV) Up 3.8% Since Last Earnings Report?

Franco-Nevada (FNV) reported earnings 30 days ago. What's next for the stock?

Why Is Franco-Nevada (FNV) Up 3.8% Since Last Earnings Report?

Zacks Investment Research

Buy 3 Mining Stocks for Gold's Bullish Run: GOLD, FNV, KGC

As the bullion metal glitters, gold mining stocks like Barrick Gold (GOLD), Franco-Nevada (FNV) and Kinross Gold (KGC) have a fair chance to gain.

Buy 3 Mining Stocks for Gold's Bullish Run: GOLD, FNV, KGC

Zacks Investment Research

KGC or FNV: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC) and Franco-Nevada (FNV). But which of these two stocks offers value investors a better bang for their buck right now?

KGC or FNV: Which Is the Better Value Stock Right Now?

Beyond The Obvious: 3 Dividend Stocks Changing The Game

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Beyond The Obvious: 3 Dividend Stocks Changing The Game

Zacks Investment Research

Franco-Nevada (FNV) Q2 Earnings Miss, Revenues Decline Y/Y

Franco-Nevada's (FNV) Q2 top line reflects the impacts of lower contributions from Antapaccay, Candelaria and Energy assets.

Franco-Nevada (FNV) Q2 Earnings Miss, Revenues Decline Y/Y

Franco-Nevada Corporation (FNV) Q2 2024 Earnings Call Transcript

Franco-Nevada Corporation (NYSE:FNV ) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Candida Hayden - Senior Analyst-IR Paul Brink - President and CEO Sandip Rana - CFO Eaun Gray - SVP-Business Development Jason O'Connell - SVP Conference Call Participants Josh Wolfson - RBC Capital Markets Lawson Winder - Bank of America Tanya Jakusconek - Scotiabank Martin Pradier - Veritas Investment Research Operator Good morning and welcome to Franco-Nevada Corporation's Second Quarter 2024 Results Conference Call and Webcast. This call is being recorded on August 14, 2024.

Franco-Nevada Corporation (FNV) Q2 2024 Earnings Call Transcript

Franco-Nevada Reports Q2 2024 Results

New Mine Start-ups and Acquisitions (in U.S. dollars unless otherwise noted) TORONTO , Aug. 13, 2024 /PRNewswire/ - "Franco-Nevada benefited from record gold prices in the quarter and realized higher revenues and cash from operations compared to Q1 2024," stated Paul Brink, CEO. "However, our year over year results were lower without the contribution from Cobre Panama and due to lower production at Candelaria and Antapaccay.

Franco-Nevada Reports Q2 2024 Results

Franco-Nevada Announces the Acquisition of a 1.8% NSR on Newmont's Yanacocha Operations

(in U.S. dollars unless otherwise noted) TORONTO , Aug. 13, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada " or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce that its wholly-owned subsidiary has acquired from Compañía de Minas Buenaventura S.A.A. ("Buenaventura") and its subsidiary, an existing 1.8% net smelter return royalty on all minerals (the "Royalty") covering Newmont Corporation's ("Newmont") Yanacocha mine and adjacent mineral properties located in Peru.

Franco-Nevada Announces the Acquisition of a 1.8% NSR on Newmont's Yanacocha Operations

7 Gold Stocks to Buy as the Fed Moves Closer to Rate Cuts

While the investment vehicle might seem anachronistic in the current paradigm of artificial intelligence and other advanced technologies, gold stocks also present a compelling and relevant solution. Because precious metals command intrinsic value, they represent an excellent inflation hedge.

7 Gold Stocks to Buy as the Fed Moves Closer to Rate Cuts

Zacks Investment Research

Time to Buy Stock in These Top Gold Miners as Markets Fall

Investors may turn their attention to gold amid heightened market volatility with Friday's jobs report showing the US labor force cooled while the unemployment rate rose to 4.3%, its highest peak since 2021.

Time to Buy Stock in These Top Gold Miners as Markets Fall

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