Welcome to our dedicated page for Franco Nevada news (Ticker: FNV), a resource for investors and traders seeking the latest updates and insights on Franco Nevada stock.
Franco-Nevada Corporation (FNV) is a leading gold-focused royalty and streaming company providing strategic financing to mining operators worldwide. This news hub offers investors and analysts centralized access to official updates about FNV's royalty acquisitions, production milestones, and financial performance in the precious metals sector.
Our curated collection features timely updates on quarterly earnings, new streaming agreements, and portfolio expansions across gold, platinum group metals, and energy assets. Users will find essential documents including regulatory filings, partnership announcements, and operational updates from key mining jurisdictions.
Key resources include analysis of FNV's royalty revenue streams, updates on major projects like Cobre Panama, and strategic moves in the energy sector. The content is organized to help stakeholders track how FNV leverages its non-operating model to generate resilient cash flows while mitigating mining risks.
Bookmark this page for direct access to Franco-Nevada's latest developments. Combine these updates with market data through Stock Titan's tools to assess FNV's position in the evolving precious metals landscape.
Franco-Nevada announced the release date for its third quarter 2021 results, scheduled for November 3 after market close. A conference call is set for November 4 at 10:00 am ET, providing an opportunity for investors to discuss the results. Dial-in numbers include a toll-free option for North America and an international line. Replay details are available for those wishing to listen later, with access until November 11.
Franco-Nevada reported strong financial results for Q2 2021, with record revenue of $656 million, up 50% from Q2 2020. Adjusted EBITDA reached $290 million, marking an 83% increase. The company, which maintains a robust financial position with no debt and $197.7 million in cash, increased its GEO sales guidance for 2021 to 590,000 to 615,000 GEOs. Energy revenue guidance was also raised to $155-$170 million due to rising commodity prices. Franco-Nevada's diverse portfolio and strong growth prospects position it favorably in the market.
Franco-Nevada will announce its second quarter 2021 results on August 11 after market close. Following the release, the company will host a conference call and webcast on August 12 at 10:00 am ET.
Investors can join the call via toll-free or international numbers provided in the release. A replay of the call will be available until August 19, using the specified passcode.
Franco-Nevada Corporation announced the successful election of its board of directors during the 2021 Annual and Special Meeting of Shareholders, held via webcast. The nominees received significant support, with vote percentages ranging from 96.91% to 99.95% for the elected directors. Franco-Nevada, a leading gold-focused royalty and streaming company, leverages its diversified portfolio to optimize cash flow and minimize cost inflation risks. The company continues to pay dividends and expand its asset base, trading under the symbol FNV on both the Toronto and New York stock exchanges.
Franco-Nevada reported record revenues of $308.9 million and an 85% Adjusted EBITDA margin in Q1 2021, marking a 28% increase from Q1 2020. The company generated a net income of $171.5 million, a 274% rise year-over-year. Key contributors included Antamina and Cobre Panama, along with a recovery in energy prices. The acquisition of Vale Royalty Debentures and Labrador Iron Ore Royalty further diversified its asset base. Franco-Nevada projects a 25% revenue growth over five years and increased its quarterly dividend by 15.4% to $0.30 per share.
Franco-Nevada acquired 14.7% of Vale's outstanding Participating Debentures from BNDES and the Government of Brazil for $538 million. This transaction grants royalty exposure to Vale's major iron ore mines with a life of up to 30 years and a potential 60% increase in production capacity by 2026, resulting in an expected 8% yield. Additionally, Franco-Nevada holds a 9.9% stake in Labrador Iron Ore Royalty Corporation, expected to yield 27% cash flow. The company revised its 2021 guidance, increasing projected sales to 580,000-615,000 GEOs.
Franco-Nevada Virtual Analyst Day Update
Franco-Nevada has rescheduled its Virtual Analyst Day to April 19, 2021, from 10:00 am ET to 12:00 pm ET. The event will cover the company's assets and launch its 2021 Asset Handbook and 2021 Environmental, Social and Governance Report. Additionally, the company will release its Q1 2021 Results on May 5, 2021, with a conference call on May 6, 2021. Franco-Nevada remains debt-free and focuses on expanding its asset portfolio while paying dividends, trading under the symbol FNV.
Franco-Nevada Corporation has filed its Annual Information Form, Consolidated Annual Financial Statements, and Management's Discussion and Analysis for the year ended December 31, 2020, with Canadian securities regulators and the U.S. SEC. Shareholders can request copies free of charge. A Virtual Analyst Day is scheduled for April 15, 2021, from 10:00 am to 12:00 pm ET, where the management will review assets and unveil the 2021 Asset Handbook and ESG Report. Franco-Nevada is a leading gold-focused royalty and streaming company, trading under FNV.
Franco-Nevada announced robust growth prospects following the acquisition of a precious metals stream from the Condestable mine and a natural gas royalty portfolio in Texas. The company reported record financial results for 2020, driven by strong commodity prices and cash flow exceeding $800 million. A notable development is the increase in the quarterly dividend to $0.30 per share, representing a 15.4% rise and marking the 14th consecutive annual increase. The company aims for a minimum of 40% diverse representation in leadership roles by 2025.
