Reported about 21 hours ago
Franco-Nevada Corporation (NYSE:FNV) announced its fiscal Q2 2025 results on August 11, revealing record revenue of $369.4 million, a 42% increase year-over-year. The company's operating cash flow and net income also hit new heights, growing 121% and 65%, respectively, largely due to elevated gold prices. Additionally, Franco-Nevada secured royalties on IAMGOLD’s Côté Gold Mine and AngloGold’s Arthur Project, while updating its 2025 sales guidance for Precious Metal GEOs to between 385,000 to 425,000.
Source: YAHOO