What does Franco-Nevada do?
Franco-Nevada is the leading gold-focused royalty and streaming company globally with the largest and most diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project. Franco-Nevada’s shares are listed on the Toronto and New York stock exchanges under the symbol FNV.
Is Franco-Nevada the “go to” gold stock?
An investment in Franco-Nevada’s shares is expected to provide investors with yield and exposure to commodity price and exploration optionality while limiting exposure to cost inflation and other operating risks. Our aspiration is to make Franco-Nevada the “go to” gold stock for the generalist investor.
Who is the CEO of Franco-Nevada?
Paul Brink is President & CEO and a director of Franco-Nevada. Prior to his appointment as CEO, Mr. Brink served as President & Chief Operating Officer of Franco-Nevada from May 2018 to May 2020.
Is Franco-Nevada the perfect investment?
There is no perfect investment, and attributes I see as positives at Franco-Nevada might be viewed as negatives by another investor. However, with the global economy looking increasingly weak and the stock market still near all-time highs, I'm happy to add a little precious metals exposure to my portfolio.
What is Franco Nevada?
When did Franco Nevada buy gold?
Why did Franco Nevada merge with Euro Nevada?
When did Franco Nevada start trading?
How much did Franco Nevada invest in Castle Mountain?
When did Newmont acquire Franco Nevada?
Who owns Nevada Midas Mine?
See more
About this website
How does Franco-Nevada make money?
Our revenue is generated from various forms of agreements, ranging from net smelter return royalties, streams, net profits interests, net royalty interests, working interests and other types of arrangements.
Who owns Franco-Nevada?
Newmont MiningIt was the leading public mining royalty company until 2002 when it was acquired by Newmont Mining for $2.5 billion. The original Franco-Nevada team continued to manage royalty assets as part of Newmont Capital, led by David Harquail.
Is Franco-Nevada a royalty company?
Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets. Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation.
Who is the CEO of Franco-Nevada?
Paul J. BrinkFranco-Nevada / CEO
Does Franco-Nevada pay a dividend?
Historical dividend payout and yield for Franco-Nevada (FNV) since 2013. The current TTM dividend payout for Franco-Nevada (FNV) as of June 17, 2022 is $1.28. The current dividend yield for Franco-Nevada as of June 17, 2022 is 0.92%.
How do I buy gold royalties?
You can buy shares of gold royalty companies through a regular brokerage account. Morningstar, an advisory firm, listed 19 gold royalty stocks as of this article's publication date and offers investment advice on each. Prudent investors read the prospectus before buying stock in any company.
Should I buy Franco-Nevada?
There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Franco-Nevada stock.
How do I invest in Franco-Nevada?
How to buy shares in Franco-Nevada CorporationCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
What is a NPI royalty?
By: Christopher G. Baldwin. Each type of royalty creates different advantages and disadvantages for the royalty owner and the operator. It is particularly interesting to compare and contrast a net smelter returns royalty (NSR) with a net profits interest (NPI).
Franco-Nevada Corporation (FNV) Stock Price, News, Quote & History ...
Find the latest Franco-Nevada Corporation (FNV) stock quote, history, news and other vital information to help you with your stock trading and investing.
Vox Royalty: Home
Vox Royalty is a mining-focused royalty and streaming company fixated on continuing to build a portfolio of royalties and streams across a diverse commodity base.
Maverix Metals Inc. | Home
A Rapidly Growing Gold Royalty Company. Maverix Metals Inc. is an emerging gold royalty and streaming company. Maverix’s business model provides investors with lower risk exposure to gold with upside exploration optionality through our portfolio of over 100 royalties and streams.
What is Franco Nevada?
Franco-Nevada Corporation is a Toronto, Ontario, Canada-based company that owns royalties and streams in gold mining and other commodity and natural resource investments. It is traded on the Toronto Stock Exchange and New York Stock Exchange . The 'Old Franco-Nevada' was a publicly listed company on the Toronto Stock Exchange from 1983 to 2002.
When did Franco Nevada buy gold?
In 1985 Franco-Nevada raised $930,000 to purchase gold royalties in a follow-on offering. The company made its first royalty investment in 1986, spending half the corporate treasury ($2 million) to acquire 4% of revenues from a mine in Nevada owned by Western States Minerals.
Why did Franco Nevada merge with Euro Nevada?
In June 1999, they merged Franco-Nevada and Euro-Nevada to increase liquidity and financial capacity and improve clarity for shareholders. The combined companies had a market value of $3.5 billion at the time.
When did Franco Nevada start trading?
Franco-Nevada initially began trading as a public gold exploration company in 1983 and was led by executives Seymour Schulich and Pierre Lassonde. At the time, oil and gas royalty ownership—but not gold royalty ownership—was an established business strategy. In 1985 Franco-Nevada raised $930,000 to purchase gold royalties in a follow-on offering. The company made its first royalty investment in 1986, spending half the corporate treasury ($2 million) to acquire 4% of revenues from a mine in Nevada owned by Western States Minerals, later called Goldstrike mine. Franco-Nevada assumed that known reserves would allow the royalty to pay for itself regardless of additional exploration results. Barrick Gold Corp. acquired the Goldstrike property in 1986 and started production in 1987. The Goldstrike deposit is the largest Carlin-style deposit discovered globally and up until 2018, the mine had produced 44 Moz of gold.
How much did Franco Nevada invest in Castle Mountain?
Despite the Castle Mountain mine being unsuccessful, losing money and eventually closing, Franco-Nevada collected triple its investment of $2.8 million. Franco-Nevada further went on to purchase royalties in various other commodities, but continued its focus on gold.
When did Newmont acquire Franco Nevada?
In 2002, Newmont acquired 100% of Franco-Nevada as part of a three-way combination of Newmont, Normandy and Old Franco-Nevada.
Who owns Nevada Midas Mine?
In April 2001, Franco-Nevada sold the Nevada Midas mine (previously named the Ken Snyder mine), its only wholly owned mine, to Normandy Mining in exchange for 20% of Normandy and a five-percent royalty on the mine. That September, Anglo Gold made a bid for Normandy at a valuation 60% greater than Franco-Nevada' s acquisition cost. Seeing the potential to take advantage of Newmont's rivalry with Anglo, Schulich and Lassonde approached Newmont Mining Corporation to discuss purchasing Franco-Nevada and Normandy, striking a deal richer than Anglo's offer, and ultimately valuing Franco-Nevada at $2.5 billion.
What is Franco Nevada?
Franco-Nevada Corporation ( TSX:FNV) is a gold streaming company that operates in the niche precious metals industry, which includes fellow giants Wheaton Precious Metals (NYSE: WPM) and Royal Gold, Inc. ( NASDAQ:RGLD). While it's the youngest of this gold and silver streaming stock trio, it's also the biggest.
When did Franco Nevada start?
That said, Franco-Nevada got off to a running start. The "old" Franco-Nevada started to build its portfolio of streaming and royalty deals in 1985. However, it was acquired by giant gold and silver miner Newmont Mining in 2002, with some of the "old" Franco-Nevada employees sticking around to manage the company's newly acquired streaming assets. In 2007, those Franco-Nevada employees formed a "new" Franco-Nevada and purchased Newmont's streaming portfolio to create the Franco-Nevada that exists today. That helps explain how the youngest of the streaming companies is also the largest.
What is the deal between Franco Nevada and Teck Resources?
For example, the 2015 deal between Franco-Nevada and Teck Resources was struck toward the end of a deep commodity downturn. This streaming deal included Teck's share of silver from the Antamina Mine, where silver is a byproduct of copper mining. Teck used the $610 million from the deal to reduce debt. In exchange, Franco-Nevada got the right to buy all of the silver attributable to Teck's 22.5% interest in the mine until 86 million ounces has been delivered (which was expected to take 30 years) and then 66% of the silver thereafter. The price for the silver is locked in at 5% of the spot price .
How many investments does Franco Nevada have?
However, Franco-Nevada has another distinguishing feature when it comes to diversification: energy. Franco-Nevada has investments in 57 operating oil and gas projects, with another 25 investments that are in the development and exploration stages. These investments follow the same general approach, with the company providing cash and not taking any operating responsibilities. Add these deals to the total, and Franco-Nevada's portfolio swells to around 375 investments.
How long has Franco Nevada been trading?
The next largest is Wheaton, at $10 billion. Yet Franco-Nevada has only been trading publicly since late 2007, or roughly 10 years.
When did Franco Nevada buy Newmont?
In 2007, those Franco-Nevada employees formed a "new" Franco-Nevada and purchased Newmont's streaming portfolio to create the Franco-Nevada that exists today. That helps explain how the youngest of the streaming companies is also the largest.
Is Franco Nevada a positive or negative?
So if you want a pure play on precious metals, that's a negative. But if you're looking to Franco-Nevada to provide some diversification to your portfolio, then it could be a net positive that tilts you toward this streaming company over peers Wheaton (where production is roughly a 50-50 mix between silver and gold) and Royal Gold (where gold accounts for 85% of revenue).
Paul Brink , President & CEO
Paul Brink is President & CEO and a director of Franco-Nevada. Prior to his appointment as CEO, Mr. Brink served as President & Chief Operating Officer of Franco-Nevada from May 2018 to May 2020.
Sandip Rana , Chief Financial Officer
Sandip Rana, Chief Financial Officer, joined Franco-Nevada in April 2010. He previously served in treasurer and controller roles at old Franco-Nevada until 2002 and then acted as an international controller for Newmont. From 2003 to April 2010, Mr.
Lloyd Hong , Chief Legal Officer & Corporate Secretary
Lloyd Hong, Chief Legal Officer & Corporate Secretary, joined Franco-Nevada in December 2012. He previously was the Senior Vice‐President, Legal Counsel and Assistant Secretary of Uranium One Inc.
Eaun Gray , Senior Vice President, Business Development
Eaun Gray, Senior Vice President, Business Development, heads Franco-Nevada’s mining business development group. Mr. Gray was previously a Vice President at Rothschild & Co where he advised on mergers and acquisitions and debt and stream transactions. Prior to that, Mr. Gray worked for CIBC in investment and corporate banking. Mr.
Phil Wilson , Vice President, Technical
Phil Wilson, Vice President, Technical, has been with Franco-Nevada since 2010 and is the mining lead in Franco-Nevada’s business development group. Mr. Wilson holds a BSc (Hons) in Mining Engineering from Camborne School of Mines, is a Chartered Engineer and has over 35 years of international mining experience, mainly in base and precious metals.
Chris Bell , Vice President, Geology
Chris Bell, Vice President, Geology, is the geology lead in Franco-Nevada’s business development group. Before joining Franco-Nevada, Dr. Bell was Chief Geologist at B2Gold where he oversaw exploration in Africa. Prior to that, Dr.
Adrian Wong , Vice President, Tax
Adrian Wong, Vice President, Tax, is the tax lead in Franco-Nevada’s finance group. Mr. Wong brings with him more than 15 years of experience as a tax professional.
Is Franco Nevada gold?
Franco-Nevada is, at its core, a gold investment. Gold is an asset investors tend to buy when they are looking for a safe haven in a storm. Essentially, when you are worried that a market decline is going to wipe out your wealth, you buy gold-related stocks.
Does Franco Nevada have dividends?
Franco-Nevada's 1.4% yield isn't much to write home about, but the dividend has been increased each year for 11 years running. No gold miner that I'm aware of can claim that. And you'll never get a dividend from a direct investment in physical gold. Since I'm fond of dividends, Franco-Nevada's commitment to returning value to shareholders was important to me.
Gold Royalty Companies Report A Solid First Quarter On Higher Metal Prices
In the first quarter of 2020, the “big three” royalty names—Wheaton Precious Metals, Franco-Nevada and Royal Gold—collectively generated a remarkable $402 million in positive free cash flow.
Investors Are Piling Into Safe Havens On Coronavirus Fears
Gold mining stocks have broken out, with several hitting new 52-week highs this week. Gold royalty and streaming companies, including Franco-Nevada and Wheaton Precious Metals, also hit fresh 52-week highs.
Supercharge Your Gold Position With Precious Metal Royalty Companies
One of the best ways to “supercharge” your gold position is with precious metal royalty and streaming companies. Think Franco-Nevada, Wheaton Precious Metals, Royal Gold and others.
Franco-Nevada is Now Oversold (FNV)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]
Franco-Nevada Getting Very Oversold (FNV)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]
Franco-Nevada Enters Oversold Territory (FNV)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum [...]
Ex-Dividend Reminder: NewMarket, Franco-Nevada and Huntsman
Looking at the universe of stocks we cover at Dividend Channel, on 9/13/16, NewMarket Corp (NYSE: NEU), Franco-Nevada Corp (NYSE: FNV), and Huntsman Corp (NYSE: HUN) will all trade ex-dividend for their respective upcoming dividends. NewMarket Corp will pay its quarterly dividend of $1.60 on 10/1/16, Franco-Nevada Corp will pay [...]
Find out where the streaming and royalty specialist has invested
Franco-Nevada ( FNV 1.19% ) has the bulk of its assets invested in precious metals streaming arrangements, but the company has recently said that it intends to diversify its portfolio more toward the energy industry.
Franco-Nevada's oil and gas assets
Here's a summary list of all of Franco-Nevada's assets in the oil and gas industry, as listed on its website:
Where Franco-Nevada has been with energy
As you can see, Franco-Nevada hasn't truly emphasized oil and gas as a major part of its portfolio until recently. By far, the most important asset historically for Franco-Nevada has been the Weyburn unit, which is located about 130 kilometers southwest of the Saskatchewan capital of Regina.
How Franco-Nevada is ramping up its energy activity
Yet Franco-Nevada recently decided that energy would be the high-priority area for acquisitions, and it has made two major purchases that promise to transform its mix between precious metals and the oil and gas industry.
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What is Franco Nevada?
Franco-Nevada Corporation is a Toronto, Ontario, Canada-based company that owns royalties and streams in gold mining and other commodity and natural resource investments. It is traded on the Toronto Stock Exchange and New York Stock Exchange . The 'Old Franco-Nevada' was a publicly listed company on the Toronto Stock Exchange from 1983 to 2002.
When did Franco Nevada buy gold?
In 1985 Franco-Nevada raised $930,000 to purchase gold royalties in a follow-on offering. The company made its first royalty investment in 1986, spending half the corporate treasury ($2 million) to acquire 4% of revenues from a mine in Nevada owned by Western States Minerals.
Why did Franco Nevada merge with Euro Nevada?
In June 1999, they merged Franco-Nevada and Euro-Nevada to increase liquidity and financial capacity and improve clarity for shareholders. The combined companies had a market value of $3.5 billion at the time.
When did Franco Nevada start trading?
Franco-Nevada initially began trading as a public gold exploration company in 1983 and was led by executives Seymour Schulich and Pierre Lassonde. At the time, oil and gas royalty ownership—but not gold royalty ownership—was an established business strategy. In 1985 Franco-Nevada raised $930,000 to purchase gold royalties in a follow-on offering. The company made its first royalty investment in 1986, spending half the corporate treasury ($2 million) to acquire 4% of revenues from a mine in Nevada owned by Western States Minerals, later called Goldstrike mine. Franco-Nevada assumed that known reserves would allow the royalty to pay for itself regardless of additional exploration results. Barrick Gold Corp. acquired the Goldstrike property in 1986 and started production in 1987. The Goldstrike deposit is the largest Carlin-style deposit discovered globally and up until 2018, the mine had produced 44 Moz of gold.
How much did Franco Nevada invest in Castle Mountain?
Despite the Castle Mountain mine being unsuccessful, losing money and eventually closing, Franco-Nevada collected triple its investment of $2.8 million. Franco-Nevada further went on to purchase royalties in various other commodities, but continued its focus on gold.
When did Newmont acquire Franco Nevada?
In 2002, Newmont acquired 100% of Franco-Nevada as part of a three-way combination of Newmont, Normandy and Old Franco-Nevada.
Who owns Nevada Midas Mine?
In April 2001, Franco-Nevada sold the Nevada Midas mine (previously named the Ken Snyder mine), its only wholly owned mine, to Normandy Mining in exchange for 20% of Normandy and a five-percent royalty on the mine. That September, Anglo Gold made a bid for Normandy at a valuation 60% greater than Franco-Nevada' s acquisition cost. Seeing the potential to take advantage of Newmont's rivalry with Anglo, Schulich and Lassonde approached Newmont Mining Corporation to discuss purchasing Franco-Nevada and Normandy, striking a deal richer than Anglo's offer, and ultimately valuing Franco-Nevada at $2.5 billion.
Overview
Franco-Nevada Corporation is a Toronto, Ontario, Canada-based, gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets. It is traded on the Toronto Stock Exchange and New York Stock Exchange.
The Old Franco-Nevada was a publicly listed company on the Toronto Stock E…
Early history
Franco-Nevada initially began trading as a public gold exploration company in 1983 and was led by executives Seymour Schulich and Pierre Lassonde. At the time, oil and gas royalty ownership—but not gold royalty ownership—was an established business strategy. In 1985 Franco-Nevada raised $930,000 to purchase gold royalties in a follow-on offering. The company made its first royalty investment in 1986, spending half the corporate treasury ($2 million) to acq…
Newmont take over
In April 2001, Franco-Nevada sold the Nevada Midas mine (previously named the Ken Snyder mine), its only wholly owned mine, to Normandy Mining in exchange for 20% of Normandy and a five-percent royalty on the mine. That September, Anglo Gold made a bid for Normandy at a valuation 60% greater than Franco-Nevada's acquisition cost. Seeing the potential to take advantage of Newmont's rivalry with Anglo, Schulich and Lassonde approached Newmont Minin…
Spin-off from Newmont
In 2007, Newmont made the decision to divest its portfolio of royalty assets. Pierre Lassonde, David Harquail and a small team led by management of the original Franco-Nevada, launched an initial public offering on the Toronto Stock Exchange raising CA$1.1 billion which helped fund the US$1.2 billion acquisition of a portfolio of royalties from Newmont. The listing was one of the largest in Canadian history, second only to the 2000 Sun Life IPO, and the largest mining IPO in N…
Major Assets
In August 2012, Franco-Nevada partnered with Inmet Mining to invest $1 billion in various metal streams from the Cobre Panama Copper Project. In 2013, First Quantum Minerals took over Inmet Mining. At the end of January 2018, the subsidiary Franco-Nevada (Barbados) acquired an additional precious metals stream on Korea Resources Corporation’s interest in Cobre Panama and provided a second tranche of funding to First Quantum to assist it with acquiring a further 1…
Succession
In May 2020, after more than twelve years in the role, Pierre Lassonde stepped down as Chair of Franco-Nevada, taking the role of Chair Emeritus. David Harquail, who had been President and CEO since the 2007 IPO, was appointed Chair and Paul Brink as President and CEO.