Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: franco-nevada.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $160.00 | Buy | UBS |
| 11/18/2024 | Hold → Buy | Canaccord Genuity | |
| 10/1/2024 | $142.00 → $139.00 | Buy → Neutral | BofA Securities |
| 8/15/2024 | Hold → Buy | TD Cowen | |
| 2/29/2024 | $117.00 | Hold | Jefferies |
| 10/31/2023 | $180.00 → $145.00 | Buy → Hold | TD Securities |
| 8/18/2023 | Hold → Buy | Stifel | |
| 1/20/2023 | Buy → Hold | Stifel | |
| 9/12/2022 | Neutral | Goldman | |
| 7/20/2022 | Hold → Buy | Stifel |
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
SD - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
6-K - FRANCO NEVADA Corp (0001456346) (Filer)
EFFECT - FRANCO NEVADA Corp (0001456346) (Filer)
F-10 - FRANCO NEVADA Corp (0001456346) (Filer)
TORONTO, Jan. 8, 2025 /PRNewswire/ - Franco-Nevada is pleased to announce that Daniel Malchuk has joined its board of directors, effective today. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G - FRANCO NEVADA Corp (0001456346) (Filed by)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
SC 13G/A - FRANCO NEVADA Corp (0001456346) (Subject)
TORONTO, Jan. 8, 2025 /PRNewswire/ - Franco-Nevada is pleased to announce that Daniel Malchuk has joined its board of directors, effective today. Mr. Malchuk brings over 30 years of strategic, operational and financial experience in the natural resource industry to the board. He currently serves as a director of SSR Mining Inc. and also serves as Senior Advisor with Appian Capital Advisory LLP and chairman of Jetti Resources LLC. Previously, Mr. Malchuk held various leadership positions with BHP Group Ltd. until his retirement in 2020 including President Operations, Minerals Americas, President of Copper, President of Aluminum, Manganese, and Nickel, President, Minerals Exploration and Vice
(in U.S. dollars unless otherwise noted) TORONTO, Dec. 19, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:FNV) (NYSE:FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has entered into a precious metals stream (the "Stream") with reference to specific production from Sibanye-Stillwater Limited's ("Sibanye-Stillwater") Marikana, Rustenburg and Kroondal mining operations (the "Stream Area") located on the Western Limb of the Bushveld Complex in South Africa. The Stream is primarily comprised of a gold component for the life of mine ("LOM") and a platinum component for approximately 25 years supporti
Initial Contributions from Tocantinzinho Stream (in U.S. dollars unless otherwise noted) TORONTO, Nov. 6, 2024 /PRNewswire/ - "Record gold prices generated higher revenues, Adjusted EBITDA and earnings in Q3 compared to Q2 2024," stated Paul Brink, CEO. "GEO sales were stable compared to Q2 although lower compared to Q3 2023 without the contribution from Cobre Panama. The quarter benefitted from contributions from the newly commissioned Tocantinzinho mine in Brazil, and increased contributions from royalties from the recently completed Greenstone mine and the newly acquired Yanacocha royalty. Candelaria reported an increase in copper and gold production for the quarter. While Candelaria's c
TORONTO, Oct. 8, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its third quarter 2024 results as follows: Third Quarter 2024 Results Release: November 6th after market close Conference Call and Webcast: November 7th 8:00 am ET Dial-in Numbers: Toll-Free: 1-888-510-2154 International: 437-900-0527 Conference Call URL (This allows participants to join the conference call by phone without operator assistance. Participants will receive an automated call back after entering their name and phone number): https://bit.ly/4exPJFh Webcast: www.franco-nevada.com Replay (available until November 14th): Toll-Free: 1-888-660-6345 International: 289-819-1450 Passcode:
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. Results for the second quarter include a catch-up of higher tax rates due to tax measures enacted in response to the OECD's Global Minimum Tax initiative. In the second half of the year, we expect stronger contributions from Candelaria and growing contributions from Tocan
(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. Consideration for the Royalty consists of $210 million paid in cash on closing, plus a contingent payment of $15 million in Franco-Nevada common shares, payable upon achievement of certain conditions as desc
TORONTO, July 16, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its second quarter 2024 results as follows: Second Quarter 2024 Results Release: August 13th after market close Conference Call and Webcast: August 14th 8:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL (This allows participants to jointhe conference call by phone without operator assistance.Participants will receive an automated call back afterentering their name and phone number): https://bit.ly/4bPqwE1 Webcast: www.franco-nevada.com Replay (available until August 21st): Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode: 676
(in U.S. dollars unless otherwise noted) TORONTO, July 15, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:FNV) (NYSE:FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has acquired a gold stream (the "Stream") from SolGold plc ("SolGold") with reference to production from the Cascabel project located in Ecuador. FNB has partnered with Osisko Gold Royalties Ltd.'s subsidiary, Osisko Bermuda Limited ("Osisko"), to provide a syndicated financing package on a 70%/30% basis. FNB will provide a total of $525 million and Osisko a total of $225 million of funding for a total $750 million. FNB will provid
TORONTO, May 2, 2024 /PRNewswire/ - Franco-Nevada Corporation announced that the nominees listed in the management proxy circular for the 2024 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in person and by webcast are set out below. Nominee Votes For % For Votes Against % Against David Harquail 145,604,399 97.71 % 3,416,503 2.29 % Paul Brink 148,578,196 99.70 % 442,706 0.30 % Tom Albanese 146,705,927 98.45 % 2,314,948 1.55 % Hugo Dryland 148,675,183 99.77 % 345,658 0.23 % Derek W. Evans 133,231,350 89.40 % 15,789,522 10.60 % Dr. Catharine Farrow 145,379
Gold Prices Fuel Margin Expansion (in U.S. dollars unless otherwise noted) TORONTO, May 1, 2024 /PRNewswire/ - "Our diversified portfolio performed well and production for the quarter met expectations. Elevated gold prices translated directly into some of our highest ever margins," stated Paul Brink, CEO. "Salares Norte commenced production during the quarter and Greenstone and Tocantinzinho are on track for first production in the coming months. Alamos' planned acquisition of Argonaut will help realize the full potential of the Magino and Island Gold deposits. While Cobre Panama remains on preservation and safe management, we are hopeful that the issues can be resolved. Franco-Nevada has no
UBS initiated coverage of Franco-Nevada with a rating of Buy and set a new price target of $160.00
Canaccord Genuity upgraded Franco-Nevada from Hold to Buy
BofA Securities downgraded Franco-Nevada from Buy to Neutral and set a new price target of $139.00 from $142.00 previously
TD Cowen upgraded Franco-Nevada from Hold to Buy
Jefferies initiated coverage of Franco-Nevada with a rating of Hold and set a new price target of $117.00
TD Securities downgraded Franco-Nevada from Buy to Hold and set a new price target of $145.00 from $180.00 previously
Stifel upgraded Franco-Nevada from Hold to Buy
Stifel downgraded Franco-Nevada from Buy to Hold
Goldman initiated coverage of Franco-Nevada with a rating of Neutral
Stifel upgraded Franco-Nevada from Hold to Buy
(in U.S. dollars unless otherwise noted) TORONTO, Dec. 19, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:FNV) (NYSE:FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has entered into a precious metals stream (the "Stream") with reference to specific production from Sibanye-Stillwater Limited's ("Sibanye-Stillwater") Marikana, Rustenburg and Kroondal mining operations (the "Stream Area") located on the Western Limb of the Bushveld Complex in South Africa. The Stream is primarily comprised of a gold component for the life of mine ("LOM") and a platinum component for approximately 25 years supporti
Initial Contributions from Tocantinzinho Stream (in U.S. dollars unless otherwise noted) TORONTO, Nov. 6, 2024 /PRNewswire/ - "Record gold prices generated higher revenues, Adjusted EBITDA and earnings in Q3 compared to Q2 2024," stated Paul Brink, CEO. "GEO sales were stable compared to Q2 although lower compared to Q3 2023 without the contribution from Cobre Panama. The quarter benefitted from contributions from the newly commissioned Tocantinzinho mine in Brazil, and increased contributions from royalties from the recently completed Greenstone mine and the newly acquired Yanacocha royalty. Candelaria reported an increase in copper and gold production for the quarter. While Candelaria's c
TORONTO, Oct. 8, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its third quarter 2024 results as follows: Third Quarter 2024 Results Release: November 6th after market close Conference Call and Webcast: November 7th 8:00 am ET Dial-in Numbers: Toll-Free: 1-888-510-2154 International: 437-900-0527 Conference Call URL (This allows participants to join the conference call by phone without operator assistance. Participants will receive an automated call back after entering their name and phone number): https://bit.ly/4exPJFh Webcast: www.franco-nevada.com Replay (available until November 14th): Toll-Free: 1-888-660-6345 International: 289-819-1450 Passcode:
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. Results for the second quarter include a catch-up of higher tax rates due to tax measures enacted in response to the OECD's Global Minimum Tax initiative. In the second half of the year, we expect stronger contributions from Candelaria and growing contributions from Tocan
(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. Consideration for the Royalty consists of $210 million paid in cash on closing, plus a contingent payment of $15 million in Franco-Nevada common shares, payable upon achievement of certain conditions as desc
TORONTO, July 16, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its second quarter 2024 results as follows: Second Quarter 2024 Results Release: August 13th after market close Conference Call and Webcast: August 14th 8:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL (This allows participants to jointhe conference call by phone without operator assistance.Participants will receive an automated call back afterentering their name and phone number): https://bit.ly/4bPqwE1 Webcast: www.franco-nevada.com Replay (available until August 21st): Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode: 676
(in U.S. dollars unless otherwise noted) TORONTO, July 15, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:FNV) (NYSE:FNV) is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has acquired a gold stream (the "Stream") from SolGold plc ("SolGold") with reference to production from the Cascabel project located in Ecuador. FNB has partnered with Osisko Gold Royalties Ltd.'s subsidiary, Osisko Bermuda Limited ("Osisko"), to provide a syndicated financing package on a 70%/30% basis. FNB will provide a total of $525 million and Osisko a total of $225 million of funding for a total $750 million. FNB will provid
TORONTO, May 2, 2024 /PRNewswire/ - Franco-Nevada Corporation announced that the nominees listed in the management proxy circular for the 2024 Annual and Special Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in person and by webcast are set out below. Nominee Votes For % For Votes Against % Against David Harquail 145,604,399 97.71 % 3,416,503 2.29 % Paul Brink 148,578,196 99.70 % 442,706 0.30 % Tom Albanese 146,705,927 98.45 % 2,314,948 1.55 % Hugo Dryland 148,675,183 99.77 % 345,658 0.23 % Derek W. Evans 133,231,350 89.40 % 15,789,522 10.60 % Dr. Catharine Farrow 145,379
Gold Prices Fuel Margin Expansion (in U.S. dollars unless otherwise noted) TORONTO, May 1, 2024 /PRNewswire/ - "Our diversified portfolio performed well and production for the quarter met expectations. Elevated gold prices translated directly into some of our highest ever margins," stated Paul Brink, CEO. "Salares Norte commenced production during the quarter and Greenstone and Tocantinzinho are on track for first production in the coming months. Alamos' planned acquisition of Argonaut will help realize the full potential of the Magino and Island Gold deposits. While Cobre Panama remains on preservation and safe management, we are hopeful that the issues can be resolved. Franco-Nevada has no
TORONTO, April 17, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its first quarter 2024 results as follows: First Quarter 2024 Results Release: May 1st after market close Conference Call and Webcast: May 2nd 10:00 am ET Dial-in Numbers: Toll-Free: 1-888-390-0546 International: 416-764-8688 Conference Call URL (This allows participants to jointhe conference call by phone without operator assistance.Participants will receive an automated call back after entering their name and phone number): https://bit.ly/3U0wrzh Webcast: www.franco-nevada.com Replay (available until May 9th): Toll-Free: 1-888-390-0541 International: 416-764-8677 Passcode: 644762 #