Financial PerformanceThe firm continues to maintain a strong balance sheet, with $1.3B in cash and cash equivalents, $2.3B in available capital, and no debt.
Market ConditionsLong-term estimates for gold and silver prices have been revised upward, which could support Franco-Nevada's revenue given its exposure to precious metals.
Revenue GrowthManagement noted that overall revenue was up 14% YoY when excluding the impact of Cobre Panama.