Franco-Nevada

FNV

Market cap $40.5B

The rising price of gold has truly been an incredible phenomenon to watch in recent years.

ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ALS.TO #arthurgold--Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) (“Altius”) reports that its wholly owned subsidiary, Altius Royalty Corporation (“ARC”), has received a contingent payment of US$25 million, less withholding taxes, relating to its recently announced sale of a partial royalty interest in the Arthur Gold Project to a wholly owned subsidiary of Franco-Nevada Corporation (“Franco-Nevada”) (TSX & NYSE: FNV). The payment follows the conc.

Investors looking for stocks in the Mining - Gold sector might want to consider either Kinross Gold (KGC) or Franco-Nevada (FNV). But which of these two stocks offers value investors a better bang for their buck right now?

FNV posts record Q3 results as soaring gold prices drive a 77% y/y revenue jump and 79% earnings surge.

Investors looking for stocks in the Mining - Gold sector might want to consider either Kinross Gold (KGC) or Franco-Nevada (FNV). But which of these two companies is the best option for those looking for undervalued stocks?

Franco-Nevada Corporation ( FNV:CA ) Q3 2025 Earnings Call November 4, 2025 11:00 AM EST Company Participants Candida Hayden - IR Contact Paul Brink - President, CEO & Director Sandip Rana - Chief Financial Officer Eaun Gray - Chief Investment Officer Conference Call Participants Fahad Tariq - Jefferies LLC, Research Division Sathish Kasinathan - BofA Securities, Research Division Case Bongirne - H.C. Wainwright & Co, LLC, Research Division Cosmos Chiu - CIBC Capital Markets, Research Division Tanya Jakusconek - Scotiabank Global Banking and Markets, Research Division John Tumazos - John Tumazos Very Independent Research, LLC Daniel Major - UBS Investment Bank, Research Division Derick Ma - TD Cowen, Research Division Presentation Operator Good morning, and welcome to Franco-Nevada Corporation's Third Quarter 2025 Results Conference Call.

Franco-Nevada Corporation posted record Q3 results: revenue $487.7MM (+77% YoY), EBITDA $427.3MM (+81%), and EPS $1.49 — all-time highs driven by stronger gold prices. 85% of FNV revenue from precious metals (72% gold); portfolio expansion through Côté and Arthur Gold reinforces long-term exposure to gold. Margins remain best-in-class: EBITDA 87.6%, ROE 12.6%, ROA 11%; FNV holds $236.7MM in cash and zero debt.

Balance Sheet is Debt-Free (in U.S. dollars unless otherwise noted) TORONTO , Nov. 3, 2025 /PRNewswire/ - Franco-Nevada's record quarterly results benefited from a combination of higher gold prices, strong operations, new acquisitions and the sale of Cobre Panama copper concentrate stockpiles. Our acquisition of six meaningful new gold interests over the last 18 months has positioned us for strong growth over the long-term and boosted our gold price exposure, with 85% of our revenue being from precious metals in the quarter.

Here is how Franco-Nevada (FNV) and Avino Silver (ASM) have performed compared to their sector so far this year.

Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC) and Franco-Nevada (FNV). But which of these two stocks presents investors with the better value opportunity right now?