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Franco-Nevada Corporation (T:FNV)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 199 Bay Street
Suite 2000, Commerce Court West
Tel: N/A
IR: See website
Key People
Pierre Paul Lassonde
Independent Chairman of the Board
Paul J. Brink
President, Chief Operating Officer
David Harquail
Chief Executive Officer, Director
Sandip Rana
Chief Financial Officer
Jason O'Connell
Vice President - Energy
Lloyd Hyunsoo Hong
Chief Legal Officer & Corporate Secretary
Business Overview
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa. Its properties in the United States include Goldstrike, Stillwater, Gold Quarry, Marigold, Fire Creek/Midas, Bald Mountain, South Arturo and Other. Its properties in Canada include Sudbury, Detour Lake, Golden Highway, Musselwhite, Hemlo, Kirkland Lake, Timmins West, Canadian Malartic and Other. Its properties in Latin America include Antapaccay, Antamina, Candelaria, Guadalupe-Palmarejo and Other. Its properties in Rest of World include Mine Waste Solutions (MWS), Sabodala, Subika, Tasiast, Karma, Duketon, Edikan and Other.
Financial Overview
For the nine months ended 30 September 2019, Franco Nevada Corp revenues increased 16% to $586M. Net income increased 36% to $230.8M. Revenues reflect Latin America segment increase of 82% to $249.7M, Canada segment increase of 13% to $111.5M. Net income benefited from Gain) loss on sale of gold bullion) increase from $100K to $2.3M (income), Interest Income - Non-Bank increase from $700K to $2.7M (income). Dividend per share increased from $0.71 to $0.74.
Employees: 34 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $27,569M as of Sep 30, 2019
Annual revenue (TTM): $964.89M as of Sep 30, 2019
EBITDA (TTM): $772.22M as of Sep 30, 2019
Net annual income (TTM): $262.18M as of Sep 30, 2019
Free cash flow (TTM): -$429.74M as of Sep 30, 2019
Net Debt Last Fiscal Year: $201.47M as of Sep 30, 2019
Shares outstanding: 188,581,112 as of Nov 11, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization