Franco-Nevada Corporation operates as a gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing mining assets. The company generates revenue from royalties and streams rather than operating mines, developing projects, or conducting exploration.
Recurring updates cover quarterly and annual results, gold-equivalent-ounce sales, cash flow, dividends, portfolio acquisitions, and royalty financing transactions. Company news also addresses material asset developments across its portfolio, including Cobre Panamá, as well as investor presentations, asset handbook releases, sustainability reporting, and annual disclosure documents.
Franco-Nevada reported strong Q2 2020 results with 104,330 Gold Equivalent Ounces (GEOs) sold, generating $195.4 million in revenue and $94.4 million in net income ($0.50 per share). The company's diversified portfolio resumed operations post-COVID-19, with 53 out of 56 cash-generating assets active. Despite a 3.2% decrease in GEOs sold compared to Q2 2019, the firm remains optimistic due to stable gold prices and growth from over 240 exploration royalties. Franco-Nevada is debt-free, has a growing cash balance, and has declared a quarterly dividend of $0.26 per share.
Franco-Nevada Corporation will release its Second Quarter Results on August 5 after market close. This will be followed by a Conference Call and Webcast on August 6 at 10:00 am ET. Interested parties can join the call using the toll-free number 1-888-390-0546 or the international number 416-764-8688. A replay of the conference will be available until August 13.
For more information, visit www.franco-nevada.com.