Streetbeat News

FNV

Franco-Nevada Corporation

https://www.franco-nevada.com

Industry

Gold

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, 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 founded in 1983 and is headquartered in Toronto, Canada.

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Scotiabank analyst Tanya Jakusconek maintains a Sector Perform rating on Franco-Nevada (NYSE:FNV) and raises the price target from $141 to $142.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:33 pm

HC Wainwright & Co. has reiterated its Buy rating on Franco-Nevada (NYSE:FNV) and maintained a price target of $185.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:08 am

TD Securities has upgraded Franco-Nevada (NYSE:FNV) from Hold to Buy, as per analyst Greg Barnes.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:03 pm

Franco-Nevada shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:32 pm

Franco-Nevada expects to be at the lower end of its 2024 total GEO sales guidance range of 480,000 to 540,000 GEOs due to lower contributions from diversified assets based on revised commodity prices.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:18 pm

Franco-Nevada (NYSE:FNV) reported Q2 2024 earnings of $0.75 per share, missing the analyst estimate of $0.82. Sales were $260.10 million, also below the $265.51 million estimate. Both earnings and sales showed significant declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:16 pm

Franco-Nevada's subsidiary has acquired a 1.8% net smelter return royalty on Newmont Corporation's Yanacocha mine and adjacent properties in Peru from Compañía de Minas Buenaventura S.A.A. and its subsidiary.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:14 pm

Shares of precious metals stocks are trading lower as gold and silver fall despite overall market uncertainty.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:07 pm

SolGold has secured $750 million in funding for its Cascabel project in Ecuador from Franco-Nevada Corporation and Osisko Bermuda. The project is expected to become a world-class copper and gold mine with significant production capacity and a long mine life.

Portfolio Pulse from Stjepan Kalinic

July 15, 2024 | 12:34 pm

Franco-Nevada Corporation (NYSE:FNV) and Osisko Gold Royalties Ltd. have partnered to provide a $750 million gold stream financing package for SolGold plc's Cascabel project in Ecuador. Franco-Nevada will contribute $525 million, while Osisko will provide $225 million. The funding will be disbursed in stages, with $100 million allocated for pre-construction and $650 million for construction, subject to various conditions.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 10:36 am

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