Franco-Nevada (NYSE:FNV) 株価情報

Franco-Nevada

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, located in the U.S, Canada, and Australia.

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貿易摩擦の高まりや経済の不透明感から投資家がポートフォリオを守ろうと必死になっており、金は大幅上昇が続き、13日(米国）は高値更新となった。13日の米国東部時間13時55分、金相場は1オンス2,979.76ドルで取引、1.6%上昇し、3日連続で上昇が続いた。金は年初来14%上昇、これは主要資産クラスの中で最も上昇率が高い。

貿易戦争の懸念により安全資産の金が過去最高値を記録

Franco-Nevada Corp

FINNOVATE ACQUISITION CORP CL A

FINNOVATE ACQ CORP A by Finnovate Acquisition Corp.

Finnovate Acquisition Corp

FINNOVATE ACQUISITION CORP WT EXP

Finnovate Acquisition Corp Units (1 Ord Class A & 3/4 War)

Finnovate Acquisition Corp Warrants (30/09/2026)

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UBER

CNBC Halftime Report Final Trades: Uber Technologies, NRG Energy, Meta Platforms, Franco-Nevada

Each week,&nbsp;Benzinga's Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also: <a href="https://www.benzinga.com/trading-ideas/25/03/44124338/exclusive-februarys-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-palantir-alibaba-nvidia-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE &#8211; February's 20 Most-Searched Tickers On Benzinga Pro – Where Do Tesla, Palantir, Alibaba, Nvidia Rank?</a>
Here&#8217;s a look at the Benzinga Stock Whisper Index for the week ending March 14:
Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>): The metals company saw increased interest from Benzinga readers during the week as <a href="https://www.benzinga.com/government/regulations/25/03/44308014/gold-hits-record-highs-as-trade-war-fears-fuel-safe-haven-demand-mining-stocks-soar">gold hits record highs</a>. The company <a href="https://www.benzinga.com/25/03/44218003/franco-nevada-reports-stellar-q4-amid-record-gold-prices-eyes-25-revenue-growth-in-2025">reported quarterly results </a>on March 10 with earnings per share of 95 cents per shares and revenue of $321 million each beating analyst estimates. The company reported revenue was up 6% year-over-year and said it saw strong production from new assets. Guidance from the company said it expects to have 25% higher revenue in 2025 on a year-over-year basis. A five-year outlook from the company also highlighted new upcoming production products and how it will increase precious metal GEOs for the company. Several analysts <a href="https://www.benzinga.com/quote/FNV/analyst-ratings">raised their price targets </a>after the quarterly results and guidance.
The stock was up around 4% on the week, as seen in the<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"> Benzinga Pro chart</a> below. The stock is up 32% over the last year.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="491" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112640/Screenshot-350.png" alt="" class="wp-image-825197" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112640/Screenshot-350.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112640/Screenshot-350-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112640/Screenshot-350-768x378.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>): The Chinese online commerce company saw strong interest from readers during the week, which could be related to a number of items, including tariffs on Chinese goods. The company could be impacted by President Donald's Trump <a href="https://www.benzinga.com/news/global/25/02/43442219/why-beer-tequila-avocados-cars-iphone-prices-could-rise-trumps-tariffs-on-canada-mexico-china-to-hurt-several-sectors">trade war with China</a>. PDD Holdings is set to report fourth-quarter financial results on March 20, which could provide a deeper look at the impact tariffs could have. Analysts expect the company to report earnings per share of $2.56 and revenue of $15.68 billion, both figures up from last year's fourth quarter. The company missed earnings per share and revenue in the third quarter, but has a strong streak of more beats than misses for both figures over the last 10 quarters with earnings per share beating estimates in 8 of the last 10 quarters and revenue beating in 7 of the last 10 quarters.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112655/Screenshot-351.png" alt="" class="wp-image-825198" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112655/Screenshot-351.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112655/Screenshot-351-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112655/Screenshot-351-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Okta Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>): The cloud-native cybersecurity company saw increased interest from readers during the week, which comes after recently reporting <a href="https://www.benzinga.com/news/earnings/25/03/44094830/okta-q4-earnings-revenue-beat-eps-beat-strong-guidance-shares-jump-12">fourth-quarter financial results</a> and seeing analysts <a href="https://www.benzinga.com/analyst-ratings/upgrades/25/03/44108947/okta-stock-is-surging-tuesday-heres-why">raise price targets.</a> Okta beat analyst estimates for both earnings per share and revenue. The company said revenue was up 13% year-over-year in the quarter. Guidance from the company for the first quarter came in ahead of analyst estimates as did full fiscal year guidance. The company announced it passed $1 billion in total sales on the Amazon Web Services (AWS) Marketplace in January. Okta first listed secure identity solutions in AWS back in December 2020. Okta has beaten analyst estimates for both revenue and earnings per share in more than 10 straight quarters. Optimism remains high in this stock with many analysts raising their price targets.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112710/Screenshot-352.png" alt="" class="wp-image-825199" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112710/Screenshot-352.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112710/Screenshot-352-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112710/Screenshot-352-768x377.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Axon Enterprise Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>): The defense company and owner of TASER saw strong interest from readers during the week. The company recently reported <a href="https://www.benzinga.com/news/earnings/25/02/43960146/axon-enterprise-shares-rally-after-better-than-expected-q4-results-strong-forward-guidance">fourth-quarter financial results </a>with earnings per share and revenue each beating analyst estimates. Axon has beaten earnings per share and revenue estimates from analysts in more than 10 straight quarters. In the 2024 fiscal year, Axon Cloud &amp; Services revenue was up 44% year-over-year while recurring revenue was up 37% year-over-year. In the fourth quarter, revenue was up 34% year-over-year, marking the 12th consecutive quarter of 25%+ growth.
Citizens Capital Market analyst Trevor Walsh reiterated <a href="https://www.benzinga.com/trading-ideas/movers/25/02/43986397/axon-129-billion-market-opportunity-in-focus-analyst-sees-strong-product-innovation">a Market Outperform rating </a>with a $725 price target after the financial results. Axon's total addressable market has grown from $77 billion to $129 billion thanks to a handful of acquisitions, he added.
Axon stock was up on the week and the stock remains up around 80% over the last year.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112727/Screenshot-353.png" alt="" class="wp-image-825200" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112727/Screenshot-353.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112727/Screenshot-353-300x146.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112727/Screenshot-353-768x374.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>): The brokerage and wealth management company saw strong interest from readers during the week with shares gaining after the company reported <a href="https://www.benzinga.com/news/large-cap/25/03/44330044/charles-schwab-stock-rises-as-february-core-net-new-assets-surge-44-year-over-year">February 2025 activity</a>. The company said its core net new assets from new and existing clients were $48.0 billion, up 44% year-over-year. Total client assets in February were $10.28 trillion, up 16% year-over-year. The company saw 362,000 new brokerage accounts opened in February.
Outside of the February report, Charles Schwab has also made recent headlines working with Trump Media &amp; Technology Group on its TruthFi expansion <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43537016/donald-trump-once-said-bitcoin-was-based-on-thin-air-now-his-media-company-is-launching-btc-etf">into financial products. </a>The brokerage is also set to expand retail trading hours for stocks and ETFs to <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43661564/charles-schwab-rolls-out-24-5-trading-etf-store-president-says-you-may-not-like-it-but">24 hours a day</a>, five days a week.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="498" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112742/Screenshot-354.png" alt="" class="wp-image-825201" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112742/Screenshot-354.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112742/Screenshot-354-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/14112742/Screenshot-354-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
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Exclusives

AXON

OKTA

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SCHW

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Gold extended its rally on Friday, surging past the $3,000 mark in early trading, driven by escalating trade tensions, economic uncertainty, and expectations of a Federal Reserve rate cut.
Spot gold, as tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), traded at $3,004 per ounce at 7:30 a.m. ET, rising 1.78% and marking its third consecutive session of gains.
The VIX index, which is also known as the fear gauge, is up 63% in the last 12 months and up 39% year-to-date.
Related: <a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/03/44300810/us-producer-inflation-stalls-in-february-as-services-costs-drop-eggs-price-skyrockets" rel="noreferrer noopener">US Producer Inflation Stalls In February As Services Costs Drop, Egg Prices Skyrocket</a>
Rising recession risks, renewed trade war threats from former President Donald Trump, and unusual market dynamics fuel the rally. Analysts point to hidden buyers and increasing demand for safe-haven assets as key drivers.
Gold, which is also seen as a safe-haven asset, usually trades in an inverse relationship with the VIX. When the market experiences fear, the money moves in gold for safety.
February&#8217;s weaker-than-expected PPI and CPI reports <a target="_blank" href="https://www.benzinga.com/news/econ-s/25/03/44307019/latest-inflation-data-excludes-tariffs-trump-policy-changes-2025-will-be-much-more-volatile-year-economist-says" rel="noreferrer noopener">raised hopes for 2025 rate cuts</a>, but economists caution that rising tariffs and volatile food prices could challenge ongoing disinflation trends.
Experts warn that markets remain highly reactive to geopolitical developments, with inflation volatility, trade tensions, and shifting global alliances creating uncertainty about the economic path ahead.
Meanwhile, Bitcoin is <a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/25/03/44314127/gold-hits-all-time-highs-while-bitcoin-disappoints-did-fed-chair-jerome-powell-jinx-the-digital-gold" rel="noreferrer noopener">underperforming</a> as gold surged to a record high, casting renewed doubts on its status as &#8220;digital gold.&#8221;
The SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), which tracks the price of gold, rose 0.49% to $276.48 in the premarket. The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) rose 1.02% premarket, and The VanEck Junior Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDXJ#NYSE">GDXJ</a>) gained 1.08%.
Mining Stocks Soar Premarket: Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) rose 1.71%, B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>) up 0.69%, Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) +1.84%, Franco-Nevada Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) up 0.71% and Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) rose 1.23%.
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Photo via Shutterstock

Movers

Gold Breaches $3,000 Mark On Market Turbulence And Fed Signals

Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) has outperformed the market over the past 10 years by 1.64% on an annualized basis producing an average annual return of 11.75%. Currently, Franco-Nevada has a market capitalization of $29.08 billion. 
Buying $1000 In FNV: If an investor had bought $1000 of FNV stock 10 years ago, it would be worth $3,119.91 today based on a price of $151.00 for FNV at the time of writing.
<h3>Franco-Nevada's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741903229_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Franco-Nevada 10 Years Ago Would Be Worth Today

WIIM

PAAS

SSRM

Shares of precious metals stocks are trading higher amid strength in gold and silver due to tariff uncertainty. Gold reached an all-time high.

Gold's strong rise continues, with the precious metal hitting a fresh record on Thursday as investors rush to shield their portfolios from mounting trade<a href="https://www.benzinga.com/topic/tariffs"> tensions and economic uncertainty.</a>
Spot gold as tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) traded at $2,969 per ounce at 10:52 a.m. ET, gaining 1.2% and marking its third consecutive session of gains. The metal surged 13% so far in 2025, outpacing every other major asset class.
The S&amp;P 500 — tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) — is down 5.2%, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has lost 12% and the U.S. dollar index has slipped 4% year-to-date.
<h1 class="wp-block-heading">Why Is Gold Soaring?</h1>
Gold's rally is driven by a cocktail of economic and geopolitical risks. President Donald Trump's administration has reignited fears of a global trade war, by threatening countries with high tariffs. 
Meanwhile, signs of economic weakness are becoming more pronounced. The Atlanta Federal Reserve's GDPNow model projects a 2.4% contraction for the U.S. economy in the first quarter of 2025, while JPMorgan has raised its probability of a recession this year to 40%.
&#8220;A large and unknown player is driving gold's recent rally,&#8221; Ross Norman, CEO of Metals Daily Ltd. said. This could explain why the metal is defying normal trading patterns and pushing higher despite fluctuating bond yields and currency movements.
&#8220;As the trade war started by President Trump worsens, there is no wonder why gold continues to be one of the best-performing assets right now,&#8221; veteran market strategist Ed Yardeni said.
<h1 class="wp-block-heading">Where Does Gold Go From Here?</h1>
With risk aversion dominating sentiment, analysts are raising their gold price forecasts. Joni Teves of UBS Investment Bank, speaking on CNBC's &#8220;Squawk Box,&#8221; said, &#8220;Risk aversion created by the geopolitical landscape, particularly tariffs, is still going to work in favor of adding gold to the portfolio.&#8221; 
UBS expects gold to reach $3,100 per ounce by the end of the year.
Macquarie Group analysts are even more bullish, forecasting gold could hit $3,500 by the third quarter.
"We view gold's price strength to date, and our expectation for it to continue, as primarily being driven by investors' and official institutions' greater willingness to pay for its lack of credit or counterparty risk," the organization wrote.
<h1 class="wp-block-heading">Mining Stocks Soar On The Heels Of Gold Rally</h1>
The gold rally has breathed new life into mining stocks, though many remain well below past highs.
The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) jumped 3.2% but is still trading 35% below its 2011 peak. The VanEck Junior Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDXJ#NYSE">GDXJ</a>) also gained 3.2% but remains 70% below its 2010 record.
Among individual stocks, Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) climbed 5.1%, B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>) advanced 4.8%, Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) added 3.8%, Franco-Nevada Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) gained 3.1% and Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) rose 2.7%.
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Photo: Shutterstock

Gold Hits Record Highs As Trade War Fears Fuel Safe-Haven Demand: Mining Stocks Soar

UBS analyst Daniel Major maintains Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) with a Buy and raises the price target from $165 to $170.

Price Target

UBS Maintains Buy on Franco-Nevada, Raises Price Target to $170

Scotiabank analyst Tanya Jakusconek maintains Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) with a Sector Perform and raises the price target from $145 to $150.

Scotiabank Maintains Sector Perform on Franco-Nevada, Raises Price Target to $150

HC Wainwright &amp; Co. analyst Heiko Ihle maintains Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) with a Buy and raises the price target from $155 to $165.

HC Wainwright & Co. Maintains Buy on Franco-Nevada, Raises Price Target to $165

Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) shares are trading higher premarket on Monday after the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/n44214573/franco-nevada-reports-q4-and-year-end-2024-results" rel="noreferrer noopener">company reported fourth-quarter results</a>.
Revenue rose 6% year over year (+30% Y/Y excluding Cobre Panama) to $321.0 million, beating the consensus of $305.85 million.
The company saw strong production from Candelaria, new assets, and benefiting from record gold prices. The company sold 120,063 GEOs in the quarter, down 21% Y/Y, owing to impact of the production halt at Cobre Panama.
As of December 31, 2024, Franco-Nevada held 6,216 stream gold ounces and 150,000 stream silver ounces in inventory.
Adjusted EBITDA increased 9% Y/Y to $277.4 million in the quarter. Adjusted EPS of&nbsp;$0.95&nbsp;exceeded <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the street view of $0.89</a>.
Operating cash flow stood at $243.0 million. As of December 31, 2024, cash and cash equivalents came in at $1.45 billion.
The company disclosed a dividend per share of&nbsp;$0.38 effective first quarter of 2025, representing an annual increase of 5.6%.
Paul Brink, CEO said, &#8220;Post year-end, we also announced a financing package to support Discovery Silver&#8217;s acquisition of Newmont&#8217;s Porcupine Complex in&nbsp;Timmins. Together, the transactions have the potential to add 85-95K&nbsp;GEOs per annum to our medium-term production profile. These new additions, along with a number of new mine starts, contribute to the strong growth outlined in our 2025 guidance and outlook over the next five years.&#8221;
&#8221;We are encouraged that President Mulino has indicated a willingness to discuss Cobre Panama this year and that sentiment in&nbsp;Panama&nbsp;now appears more supportive of restarting the mine.&#8221;
Outlook: The company expects revenue for 2025 to be <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">higher by 25% Y/Y</a>.
Franco-Nevada expects a 14% Y/Y increase in Precious Metal GEOs and a 7% Y/Y increase in Total GEOs for 2025, excluding contributions from Cobre Panama.
For 2028, the company targets precious Metal GEOs to rise to between 400,000 and 440,000 GEOs, and Total GEOs to increase to between 505,000 and 565,000 GEOs, reflecting an 18% and 15% growth, respectively, compared to 2024.
For 2029, Precious Metal GEOs are projected to reach between 375,000 and 415,000 GEOs, and Total GEOs to grow to between 490,000 and 550,000 GEOs, representing an 11% and 12%, respectively, compared to 2024.
The five-year outlook anticipates the start of production at Valentine Gold, Stibnite, Eskay Creek, Castle Mountain Phase 2, the Coroccohuayco project at Antapaccay, the planned underground expansion at Candelaria, and the long-term expansion of Magino.
Investors can gain exposure to the stock via&nbsp;VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>).
Price Action: FNV shares are up 1.06% at $144.80 premarket at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/03/44104459/toronto-risks-its-mining-hub-status-as-bureaucracy-and-geopolitics-take-toll" target="_blank" rel="noreferrer noopener">Toronto Risks Its Mining Hub Status As Bureaucracy And Geopolitics Take Toll</a></li>
</ul>
Photo via Shutterstock.

Earnings

Guidance

Dividends

Franco-Nevada Reports Solid Q4 Earnings Amid Record Gold Prices, Eyes 25% Revenue Growth In 2025

Franco-Nevada Expect 2025 Revenue To Be Higher Over 25% YoY, Total GEO Sales Of 465,000 to 525,000 GEO

Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.89 by 6.74 percent. This is a 5.56 percent increase over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $321.00 million which beat the analyst consensus estimate of $305.85 million by 4.95 percent. This is a 5.84 percent increase over sales of $303.30 million the same period last year.

Earnings Beats

Franco-Nevada Q4 2024 Adj EPS $0.95 Beats $0.89 Estimate, Sales $321.00M Beat $305.85M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) is expected to report quarterly earnings at $0.89 per share on revenue of $305.85 million. 
• BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $1.15 billion. 
• UroGen Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URGN#NASDAQ">URGN</a>) is estimated to report quarterly loss at $0.72 per share on revenue of $25.25 million. 
• DarioHealth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIO#NASDAQ">DRIO</a>) is expected to report quarterly loss at $0.14 per share on revenue of $7.39 million. 
• Fennec Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FENC#NASDAQ">FENC</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $16.42 million. 
• Optical Cable (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCC#NASDAQ">OCC</a>) is estimated to report earnings for its first quarter. 
• Cohen &amp; Co (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/COHN#AMEX">COHN</a>) is expected to report earnings for its fourth quarter. 
• Aligos Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGS#NASDAQ">ALGS</a>) is projected to report quarterly loss at $3.67 per share on revenue of $433 thousand. 
• Genie Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNE#NYSE">GNE</a>) is estimated to report earnings for its fourth quarter. 
• Rand Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAND#NASDAQ">RAND</a>) is expected to report earnings for its fourth quarter. 
• Telos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) is expected to report quarterly loss at $0.09 per share on revenue of $25.55 million. 
• NET Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) is likely to report earnings for its fourth quarter. 
• Willis Lease Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLFC#NASDAQ">WLFC</a>) is estimated to report earnings for its fourth quarter. 
<h3>Companies Reporting After The Bell</h3>
• Ramaco Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METCB#NASDAQ">METCB</a>) is projected to report earnings for its fourth quarter. 
• Ramaco Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METC#NASDAQ">METC</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $176.04 million. 
• Grupo Supervielle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUPV#NYSE">SUPV</a>) is expected to report quarterly earnings at $0.25 per share on revenue of $215.50 million. 
• One Group Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STKS#NASDAQ">STKS</a>) is expected to report quarterly earnings at $0.28 per share on revenue of $239.77 million. 
• NCS Multistage Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCSM#NASDAQ">NCSM</a>) is likely to report earnings for its fourth quarter. 
• Lineage Cell Therapeutics (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LCTX#AMEX">LCTX</a>) is projected to report quarterly loss at $0.03 per share on revenue of $1.62 million. 
• Yalla Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) is projected to report earnings for its fourth quarter. 
• Douglas Elliman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOUG#NYSE">DOUG</a>) is expected to report quarterly loss at $0.08 per share on revenue of $233.65 million. 
• Great Elm Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GECC#NASDAQ">GECC</a>) is expected to report quarterly earnings at $0.35 per share on revenue of $11.46 million. 
• Myomo (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MYO#AMEX">MYO</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $9.90 million. 
• Greenlight Capital Re (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLRE#NASDAQ">GLRE</a>) is projected to report earnings for its fourth quarter. 
• Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) is likely to report quarterly earnings at $1.49 per share on revenue of $14.39 billion. 
• Coherus BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHRS#NASDAQ">CHRS</a>) is likely to report quarterly loss at $0.18 per share on revenue of $43.88 million. 
• Redwire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) is likely to report quarterly loss at $0.18 per share on revenue of $75.58 million. 
• TruBridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBRG#NASDAQ">TBRG</a>) is estimated to report quarterly earnings at $0.38 per share on revenue of $84.38 million. 
• Quanex Building Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NX#NYSE">NX</a>) is likely to report quarterly loss at $0.05 per share on revenue of $384.99 million. 
• Commercial Vehicle Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGI#NASDAQ">CVGI</a>) is likely to report quarterly loss at $0.07 per share on revenue of $158.36 million. 
• Viemed Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMD#NASDAQ">VMD</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $59.40 million. 
• LifeMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFMD#NASDAQ">LFMD</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $57.34 million. 
• Seaport Entertainment (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SEG#AMEX">SEG</a>) is likely to report earnings for its fourth quarter. 
• Limbach Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LMB#NASDAQ">LMB</a>) is likely to report quarterly earnings at $0.77 per share on revenue of $149.37 million. 
• PLAYSTUDIOS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYPS#NASDAQ">MYPS</a>) is expected to report quarterly earnings at $0.02 per share on revenue of $67.73 million. 
• Gaia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAIA#NASDAQ">GAIA</a>) is estimated to report quarterly loss at $0.04 per share on revenue of $23.78 million. 
• System1 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SST#NYSE">SST</a>) is expected to report quarterly loss at $0.23 per share on revenue of $91.28 million. 
• Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $272.00 million. 
• StandardAero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SARO#NYSE">SARO</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $1.37 billion. 
• Paymentus Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $222.06 million. 
• HighPeak Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPK#NASDAQ">HPK</a>) is estimated to report quarterly earnings at $0.14 per share on revenue of $246.32 million. 
• PGIM ETF Trust PGIM Portfolio Ballast ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/PBL#BATS">PBL</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $147.18 million. 
• Hesai Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $121.19 million. 
• Vail Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) is projected to report quarterly earnings at $6.36 per share on revenue of $1.14 billion. 
• Mobile Infrastructure (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BEEP#AMEX">BEEP</a>) is likely to report earnings for its fourth quarter. 
• Auna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUNA#NYSE">AUNA</a>) is expected to report quarterly earnings at $0.13 per share on revenue of $296.50 million. 
• Asana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) is expected to report quarterly loss at $0.01 per share on revenue of $187.84 million. 
• Flotek Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTK#NYSE">FTK</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $50.08 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Mobile Infrastructure Corporation Common Stock

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Earnings Scheduled For March 10, 2025

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Shares of precious metals stocks are trading higher amid strength in gold and silver.

Toronto's status as a leading global mining hub is at risk as exploration firms relocate and investors look for friendlier jurisdictions owing to an increasingly complicated geopolitical landscape. Once a go-to destination for mining finance, Canada's largest city is seeing a steady decline in <a target="_blank" href="https://www.benzinga.com/topic/mining" rel="noreferrer noopener">mining listings</a>.
"The industry that has fueled most of the great Canadian minerals discoveries over the past 50 years is but a skeleton of itself," Pierre Lassonde, co-founder of Franco-Nevada, one of the leading gold-focused royalty companies, said <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-03/toronto-exchange-s-mining-dominance-under-threat-as-explorers-exit" rel="noreferrer noopener">per</a> Bloomberg.
Toronto's TSX Venture Exchange has been declining since 2010, as the number of mining sector listings dropped from 1,531 to just 1,097, according to the <a target="_blank" href="https://www.tsx.com/en/listings/current-market-statistics" rel="noreferrer noopener">latest data</a> from the exchange owner. Industry consolidation, foreign investment restrictions, and a shift in investor priorities drove this trend.
Capital raised within the sector has stagnated as well. In 2014, 2015, and 2016, equity capital raised ranged from $5.3 billion to $6 billion annually. In the past three years, it reached $4-6 billion in the first 2 quarters, seemingly on par with past performance. However, when adjusted for inflation, the reality is that the market has shrunk.
The parallels with London are evident. Once a dominant global venue for mining listings, London saw the market capitalization of mining stocks decline from $322 billion in 2018 to $272 billion in 2024 as part of its <a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43567050/ray-dalio-warns-uk-risks-debt-death-spiral-without-deficit-cuts" rel="noreferrer noopener">broader decline</a>.
Bottlenecks in administration and supply chains have further exacerbated Toronto's problem. Canada's sluggish permitting process has been widely criticized, with mining executives and government officials acknowledging that the country is falling behind.
"Compared to the rate Canada opened mines in the past 15 years, we need to move forward more than five times as fast to meet the EV battery factory demand," stated a <a target="_blank" href="https://mining.ca/wp-content/uploads/2024/03/SPARK-MAC-NEWSLETTER-SPRING-2024-EN3.pdf" rel="noreferrer noopener">presentation</a> by Natural Resources Canada.
The Canadian government has tightened foreign investment rules, particularly <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/03/37513662/the-answer-cannot-be-china-canadas-wilkinson-says-mining-scrutiny-intensifies-as-srg-scraps-d" rel="noreferrer noopener">targeting Chinese investors</a>.
The Trudeau government's decision in 2022 to force Chinese firms to <a target="_blank" href="https://www.canada.ca/en/innovation-science-economic-development/news/2022/10/government-of-canada-orders-the-divestiture-of-investments-by-foreign-companies-in-canadian-critical-mineral-companies.html" rel="noreferrer noopener">divest</a> from Canadian lithium explorers was a significant turning point. While protecting national interests, this crackdown has also discouraged capital inflows, pushing some companies to seek funding elsewhere.
Mathieu Bos, CEO of Falcon Energy Materials, moved his company's headquarters to Abu Dhabi after a deal with a Chinese investor fell through due to government scrutiny. "Abu Dhabi is the new London or the new New York, the new international money or financing platform," he said.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/02/44038412/panama-explores-novel-ideas-for-its-shuttered-cornerstone-mining-asset" target="_blank" rel="noreferrer noopener">Panama Explores' Novel Ideas' For Its Shuttered Cornerstone Mining Asset</a></li>
</ul>
Photo via Shutterstock

Global

Markets

Media

Toronto Risks Its Mining Hub Status As Bureaucracy And Geopolitics Take Toll

It is payable on March 27, 2025 to shareholders of record on March 13, 2025.

Franco-Nevada Increases Quarterly Dividend By 5.56% From $0.36 To $0.38 Per Share

HC Wainwright &amp; Co. analyst Heiko Ihle reiterates Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) with a Buy and maintains $155 price target.

Reiteration

HC Wainwright & Co. Reiterates Buy on Franco-Nevada, Maintains $155 Price Target

Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/FNV#TSX">FNV</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) is pleased to announce that it has entered into a comprehensive financing transaction with Discovery Silver Corporation ("Discovery") to support its proposed acquisition of the Porcupine Complex located near Timmins, Ontario from Newmont Corporation. The transaction includes: i)&nbsp;a 4.25% net smelter return royalty (the 'Royalty") for $300M, consisting of two tranches, on production from the Porcupine Complex, ii)&nbsp;a $100M senior secured term loan (the "Loan") available to be drawn by Discovery within two years of closing, and iii)&nbsp;approximately $49M of equity participation with a cornerstone investment in a concurrent C$225M (approximately $155M) Discovery equity raise. The financing package provides Discovery with proceeds to acquire the Porcupine Complex and fund the planned capital program for the Complex to achieve its full potential.

TSX:FNV

Franco-Nevada Backs Discovery Silver's Porcupine Complex Deal with $449M Financing Package

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Shares of stocks in the broader metals and mining sector are trading higher in possible sympathy with Rio Tinto and Glencore who announced discussions regarding a potential merger, the largest in mining industry history.

HC Wainwright &amp; Co. analyst Heiko Ihle maintains Franco-Nevada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>) with a Buy and lowers the price target from $200 to $155.

HC Wainwright & Co. Maintains Buy on Franco-Nevada, Lowers Price Target to $155

Press Releases

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

Franco-Nevada Reports Q2 2024 Results

Franco-Nevada To Release Third Quarter 2024 Results

Franco-Nevada Reports Q3 2024 Results

Franco-Nevada Announces $500 Million Precious Metals Stream with Sibanye-Stillwater

Franco-Nevada Announces Appointment of Director

Franco-Nevada Announces Financing Package with Discovery Silver on the Porcupine Complex

Franco-Nevada Declares Dividend Increase and Provides Details for Upcoming Release of Year-End 2024 Results

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