Franco-Nevada Reports Robust 2024 Performance and Positive 2025 Outlook

Franco-Nevada ( (TSE:FNV) ) has provided an announcement.

In 2024, Franco-Nevada Corporation experienced strong financial performance, with significant revenue and cash flow growth despite challenges such as the closure of the Cobre Panama mine. The company achieved an 85% Adjusted EBITDA Margin and a 56% Adjusted Net Income Margin, driven by high gold prices and strategic investments in new gold mines. Franco-Nevada made over $1.3 billion in new investments, including projects in Ecuador, Peru, and South Africa, and maintained a strong balance sheet with no debt and $1.9 billion in available capital. The company anticipates approximately 7% growth in 2025, supported by contributions from new mines and acquisitions, and sees potential upside from a possible restart of operations at Cobre Panama.

More about Franco-Nevada

Franco-Nevada Corporation is a leading gold-focused royalty and streaming company. It operates in the precious metals industry, primarily dealing with gold, and focuses on generating high-margin cash flows through its diverse portfolio of royalties and streams.

YTD Price Performance: 34.33%

Average Trading Volume: 750,449

Technical Sentiment Signal: Sell

Current Market Cap: $30.28B

See more data about FNV stock on TipRanks’ Stock Analysis page.