Franco-Nevada Settles Canadian Tax Dispute, Secures Growth Path

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

Franco-Nevada Corporation has reached a settlement with the Canada Revenue Agency regarding tax disputes related to transfer pricing reassessments for the years 2013 to 2019. The settlement ensures no Canadian tax on foreign earnings for these years, adjusts service fees, and reverses penalties, providing greater investment certainty for Franco-Nevada’s global growth ambitions and allowing the company to focus on expanding its portfolio.

The most recent analyst rating on (TSE:FNV) stock is a Hold with a C$215.00 price target. To see the full list of analyst forecasts on Franco-Nevada stock, see the TSE:FNV Stock Forecast page.

Spark’s Take on TSE:FNV Stock

According to Spark, TipRanks’ AI Analyst, TSE:FNV is a Outperform.

Franco-Nevada exhibits strong financial health with a robust balance sheet and solid profitability, critical strengths in the mining industry. Despite high valuation metrics, the company’s strategic acquisitions and positive earnings guidance for 2025 provide a favorable outlook. The technical analysis indicates strong momentum, though caution is warranted due to overbought signals. Overall, the stock is positioned well for growth, but the high P/E ratio suggests a premium for investors.

To see Spark’s full report on TSE:FNV stock, click here.

More about Franco-Nevada

Franco-Nevada Corporation is a leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. The company offers investors exposure to gold price and exploration optionality while minimizing cost inflation risks. Franco-Nevada uses its free cash flow for portfolio expansion and dividend payments, trading under the symbol FNV on the Toronto and New York stock exchanges.

Average Trading Volume: 294,492

Technical Sentiment Signal: Buy

Current Market Cap: C$53.14B

See more insights into FNV stock on TipRanks’ Stock Analysis page.