The latest announcement is out from Franco-Nevada ( (TSE:FNV) ).
Franco-Nevada reported strong fourth-quarter results for 2024, driven by elevated gold prices and strategic acquisitions. The company completed over $1.3 billion in acquisitions and commitments, enhancing its medium-term production profile. Despite challenges with Cobre Panama, Franco-Nevada remains debt-free and well-capitalized, with a strong deal pipeline and a commitment to increasing dividends for the 18th consecutive year. The company also maintains a sector-leading ESG rating, highlighting its commitment to responsible mining practices.
More about Franco-Nevada
Franco-Nevada is a leading gold-focused royalty and streaming company. The company primarily deals in gold, but also has interests in other precious and base metals. It is known for its high-margin business model and strong financial position, with a focus on sustainable and responsible mining practices.
YTD Price Performance: 18.29%
Average Trading Volume: 640,546
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $27.56B
For detailed information about FNV stock, go to TipRanks’ Stock Analysis page.