TSE:FNV
Franco Nevada is the leading gold-focused royalty and stream company. It is the largest company by both gold revenue and the number of gold assets. The company provides financing to miners in exchange for the right to buy gold at contractually discounted rates in the future and in return gets access to precious metals without any mining work.
Franco Nevada is the world’s largest and most successful gold royalty company. The company’s portfolio is highly diversified by commodity, geography, revenue type, and projects. Franco Nevada has interests in 227 exploration stage mineral properties including 202 precious metals assets and 25 other exploration assets.
Over 88% of Franco’s revenue (Q1 2019) was derived from gold and gold equivalents (63% gold, 11% silver, 11% PGM and 3% other mining assets) and 12% from energy (oil, gas, and NGLs). Geographically, Americas is its largest market accounting for over 80% of total revenues - 42% Latin America, 18% U.S. and 20% Canada, followed by the rest of the world.