Franco-Nevada
About: Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, located in the U.S, Canada, and Australia.
Employees: 40
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
98% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 45
35% more funds holding in top 10
Funds holding in top 10: 17 [Q4 2024] → 23 (+6) [Q1 2025]
33% more capital invested
Capital invested by funds: $16.2B [Q4 2024] → $21.6B (+$5.37B) [Q1 2025]
13% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 158
8% more funds holding
Funds holding: 473 [Q4 2024] → 513 (+40) [Q1 2025]
0.5% less ownership
Funds ownership: 71.71% [Q4 2024] → 71.21% (-0.5%) [Q1 2025]
6% less call options, than puts
Call options by funds: $214M | Put options by funds: $228M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
HC Wainwright & Co. Heiko Ihle | 14%upside $195 | Buy Maintained | 28 May 2025 |
Scotiabank Tanya Jakusconek | 2%downside $169 | Sector Perform Maintained | 12 May 2025 |
UBS Daniel Major | 11%upside $190 | Buy Maintained | 11 Apr 2025 |
Raymond James Craig Stanley | 5%upside $181 | Outperform Maintained | 4 Apr 2025 |
Financial journalist opinion
Based on 8 articles about FNV published over the past 30 days









