TSX runs higher on rate cut expectations
Franco-Nevada Corporation (FNV) stock reached an all-time high of 186.46 USD, marking a significant milestone for the $35.89 billion market cap company. According to InvestingPro data, the company maintains impressive gross profit margins of nearly 90% and has shown strong revenue growth of 17.6% over the last twelve months. Over the past year, the stock has experienced a notable increase, with a 1-year change of 52.35%. This impressive performance reflects the company’s robust growth and investor confidence in its business model, though InvestingPro’s Fair Value analysis suggests the stock may be slightly overvalued at current levels. The achievement of this all-time high underscores Franco-Nevada’s strong position in the market, as it continues to capitalize on favorable market conditions and strategic initiatives. For deeper insights into FNV’s valuation and 17 additional exclusive tips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Franco-Nevada Corporation reported its Q2 2025 earnings, revealing an earnings per share (EPS) of $1.28, which exceeded analyst expectations of $1.13. Despite this positive earnings surprise, the company’s revenue slightly missed forecasts, recording $369.4 million against the anticipated $375.91 million. Meanwhile, Scotiabank adjusted its price target for Franco-Nevada, raising it to $184 from $182, while maintaining a Sector Perform rating. This adjustment comes as Franco-Nevada collaborates with First Quantum and the Government of Panama on a potential restart of the Cobre Panama mine. The mine’s restart includes discussions on the sale of concentrate on site. These developments mark important steps for Franco-Nevada as it navigates current market conditions.
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