- Franco Nevada Gold released its Q1 results earlier this month, reporting an 11% increase in metal sales to ~149,600 gold-equivalent ounces.
- This translated to record revenue on the back of higher metals prices, with revenue up 28% year-over-year to $308.9 million.
- Based on recent acquisitions and development assets expected to come online, Franco Nevada expects annual sales of up to 660,000 gold-equivalent ounces by FY2025.
- Given Franco Nevada's diverse portfolio and impressive compound annual EPS growth rate, the stock continues to be a top-10 name for precious metals investors.
For further details see:
Franco Nevada Gold: Energy Portfolio Picks Up Slack In Q1 During Metals Dip