Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
1.10B | 1.22B | 1.32B | 1.30B | 1.02B | 844.10M | Gross Profit |
776.70M | 766.60M | 852.60M | 822.10M | 620.40M | 436.10M | EBIT |
695.80M | -428.00M | 820.70M | 860.70M | 592.50M | 410.20M | EBITDA |
-208.80M | -91.00M | 1.11B | 1.16B | 833.50M | 673.40M | Net Income Common Stockholders |
-632.95M | -466.40M | 700.60M | 733.70M | 326.20M | 344.10M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
69.70M | 1.42B | 1.20B | 539.30M | 534.20M | 132.10M | Total Assets |
4.93B | 5.99B | 6.63B | 6.21B | 5.59B | 5.28B | Total Debt |
207.60M | 0.00 | 6.00M | 6.09M | 4.40M | 82.60M | Net Debt |
137.90M | -1.42B | -1.19B | -533.21M | -529.80M | -49.50M | Total Liabilities |
299.90M | 225.00M | 209.20M | 184.70M | 149.10M | 218.40M | Stockholders Equity |
4.63B | 5.77B | 6.42B | 6.03B | 5.44B | 5.06B |
Cash Flow | Free Cash Flow | ||||
386.28M | 469.60M | 858.00M | 194.90M | 491.30M | 172.50M | Operating Cash Flow |
875.89M | 991.20M | 999.50M | 955.40M | 803.90M | 617.70M | Investing Cash Flow |
-612.38M | -541.10M | -145.50M | -765.00M | -309.00M | -436.10M | Financing Cash Flow |
-237.94M | -230.10M | -189.00M | -180.20M | -91.80M | -119.80M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $10.03B | 17.11 | 39.23% | 2.09% | 34.41% | 139.62% | |
75 Outperform | $46.50B | 56.05 | 8.64% | 0.87% | 30.91% | 14.58% | |
70 Outperform | $2.65B | 136.17 | 1.00% | 0.93% | 0.80% | 137.87% | |
67 Neutral | $40.46B | 53.44 | 9.38% | 0.99% | -10.48% | -189.87% | |
56 Neutral | $5.13B | 229.60 | 1.33% | 0.98% | 1.62% | -232.31% | |
47 Neutral | $2.63B | -3.97 | -29.27% | 3.34% | 2.54% | -29.42% |
Franco-Nevada Corporation has announced an increase in its quarterly dividend to US$0.38 per share, marking an 18th consecutive annual increase, which reflects its ongoing commitment to shareholder returns. The company also detailed the release schedule for its year-end 2024 results, and provided information about its Dividend Reinvestment Plan, which offers shareholders the opportunity to purchase additional shares at a discount, further enhancing shareholder value.
Franco-Nevada announced a financing package with Discovery Silver Corporation to aid in the acquisition of the Porcupine Complex from Newmont Corporation. This transaction includes a net smelter return royalty, a senior secured term loan, and equity participation, which will help Discovery Silver acquire and enhance the Porcupine Complex’s production capabilities. The Porcupine Complex, with a rich history of gold production and extensive infrastructure, presents a significant opportunity for both companies. The collaboration is expected to revitalize the mining operations, offering substantial exploration potential and value creation for stakeholders, as well as reinforcing Franco-Nevada’s leading position in royalty coverage of major gold mines in Ontario.
Franco-Nevada has announced the appointment of Daniel Malchuk to its board of directors, adding significant expertise to its leadership team. With over 30 years of experience in the natural resource industry, Malchuk’s extensive background with companies like BHP Group Ltd. is expected to strengthen Franco-Nevada’s strategic direction, potentially enhancing its industry positioning and benefiting stakeholders through informed decision-making and leadership.
Franco-Nevada has entered into a $500 million precious metals stream agreement with Sibanye-Stillwater, focusing on gold and platinum production from South Africa’s Bushveld Complex. This deal promises immediate cash flow and long-term growth potential, leveraging extensive resources and infrastructure in a stable mining jurisdiction.
Franco-Nevada reported solid Q3 2024 financial results, driven by record gold prices and contributions from new mines in Brazil and Canada. Despite a decrease in some metrics due to the Cobre Panama situation, the company remains financially robust with no debt and substantial available capital. Franco-Nevada’s diverse portfolio and strong pipeline position it well for future growth.