Monday, July 24, 2017

Franco-Nevada Corporation - FNV.t

Franco-Nevada Corporation - FNV.t is a gold focused royalty and stream company with additional interests in platinum group metals and other resource assets.

The majority of revenues are generated from high margin assets in North America.




On May 9, 2017, the company released
News
Q1/2017 Financial Highlights
 131,578 Gold Equivalent Ounces1 (GEOs) sold – a new record and a 23.4% increase year-over-year
 $172.7 million in revenue – a new record and a 30.8% increase year-over-year
 $128.5 million of Adjusted EBITDA2 or $0.72 per share
 $45.6 million of net income or $0.26 per share
 $44.8 million of Adjusted Net Income3 or $0.25 per share
 $283.0 million in cash and cash equivalents at quarter-end and no debt