(in U.S. dollars unless otherwise noted) TORONTO, April 10, 2024 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) announces the publication of its 2024 ESG Report and 2024 Asset Handbook. "We are proud to report on our leading ESG approach, new programs and commitments and to provide a detailed review of our portfolio of assets," said Paul Brink, President & CEO. "We are delighted to have a number of our operating partners participate in the investor day to ...

A month has gone by since the last earnings report for Franco-Nevada (FNV) . Shares have added about 10% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Franco-Nevada due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Franco-Nevada Q4 Earnings Top Estimates, Sales Fall ...

Dogan Kutukcu Introduction Gold bulls are in a very good place right now, as the shiny metal has made a number of new highs this year. Currently, COMEX gold futures are trading north of $2,160. That's more than 30% above the 2022 lows. TradingView (COMEX Gold Futures) According to Bloomberg, a major driver of demand comes from China, where the central bank and private buyers have been busy accumulating what one might call the world's oldest "currency." Gold’s gains over the past five weeks have also bee ...

财务数据和关键指标变化 - 2023年全年总GEOs销量为607,045盎司,在公司指导范围内 [19] - 2023年全年贵金属GEOs销量为488,109盎司,也在公司指导范围内 [19] - 2023年第四季度总GEOs销量为152,351盎司,较上年同期下降15.7% [25][26] - 2023年第四季度贵金属GEOs销量为119,581盎司,较上年同期下降8.1% [26] - 2023年第四季度收入为3.033亿美元,较上年同期略有下降 [30] - 2023年第四季度调整后EBITDA为2.546亿美元,较上年同期略有下降 [30] - 2023年全年收入为12亿美元 [29] - 2023年全年现金成本为每GEO 286美元,较2022年的242美元有所上升 [35] 各条业务线数据和关键指标变化 - 2023年第四季度能源GEOs为25,640盎司,较上年同期大幅下降46.3%,主要是由于天然气价格下降 [28] - 2023年第四季度多元化GEOs为7,130盎司,较上年同期增加,主要是由于铁矿石价格上涨带动的Vale royalty收入增加 [27] 各个市场数据和关键指标变化 - 2023年全年收入中,78%来自贵金属,88%来自美洲市场,其中加拿大和美国是最大贡献地区 [34] 公司战略和发展方向及行业竞争 - 公司保持强劲的资产负债表,为未来业务扩张提供了充足的资金 [11][46] - 公司未来5年内有15%的有机增长潜力,不包括Cobre Panama [43] - 公司正积极寻找新的收购和项目融资机会,主要集中在贵金属领域,包括一些需要资产负债表修复的交易 [136][137][141] - 公司在ESG方面表现出色,在金矿行业和贵金属行业中排名靠前 [12] 管理层对经营环境和未来前景的评论 - Cobre Panama停产给公司带来了重大影响,占公司收入约20%,但公司其他业务仍保持良好 [10][16] - 公司对Cobre Panama前景保持乐观,正在积极寻求与巴拿马政府的谈判解决,并启动了仲裁程序 [23][24] - 公司预计未来5年内有15%的有机增长潜力,主要来自新矿山的投产和现有矿山产能的提升 [43] - 公司对未来前景保持乐观,认为公司的多元化业务模式和强劲的现金流将为股东带来持续的回报 [10][11][16] 问答环节重要的提问和回答 问题1 **Josh Wolfson 提问** 公司如何考虑各主要资产的产量下降节点,并寻求替代增长来保持持续增长 [49] **Paul Brink 回答** 在交易时,公司会考虑矿山的储量和可信的开采计划,以确保获得可接受的最低收益。同时也会尽量延长交易期限,以最大化期权价值 [50][51] 问题2 **Lawson Winder 提问** 公司是否会寻求从First Quantum收回尚未收回的预付款 [60][61][62][63][64] **公司回应** 公司希望合同保持有效,并期待Cobre Panama能够重启生产,届时公司将继续收取应得的交付量。目前公司不打算就未收回的预付款采取行动 [63][64][65] 问题3 **Tanya Jakusconek 提问** 公司为何选择一次性全额计提Cobre Panama的减值,而不是分期计提 [79][80][81] **Sandip Rana 回答** 这是管理层根据当时可获得的信息做出的谨慎判断 [81]

Franco-Nevada Corporation (FNV) reported adjusted earnings per share (EPS) of 90 cents for the fourth quarter of 2023, up 5% from the prior-year quarter. The bottom line surpassed the Zacks Consensus Estimate of 80 cents.The company generated revenues of $303 million in the reported quarter, marking a year-over-year decline of 5.3%. The downside was due to lower gas, platinum group metals and oil prices, partly offset by higher gold prices. During the December quarter, 78.7% of revenues were sourced from Pr ...

Exhibit 99.3 Franco & Nevada 2 0 2 3 FINANCIAL S T A T E M E N T S Management's Report On Internal Control Over Financial Reporting /s/Paul Brink /s/Sandip Rana Paul Brink Sandip Rana President & Chief Executive Officer Chief Financial Officer Franco-Nevada Corporation's ("Franco-Nevada" or the "Company") management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in rules 13a-15(f) and 15d-15(f) under the United States Securities Exchange Act of ...

金矿股投资比较 - Harmony Gold (HMY) 和 Franco-Nevada (FNV) 是金矿股中备受投资者关注的两只股票[1] - Harmony Gold 目前拥有Zacks Rank 2 (买入)，而Franco-Nevada 则为Zacks Rank 3 (持有)[2] - HMY 的前瞻市盈率为8.04，而FNV的前瞻市盈率为33.16，HMY的PEG比率为0.35，而FNV的PEG比率为5.02[6] 价值评级比较 - HMY的市净率为1.73，而FNV的市净率为2.98，这些指标有助于解释HMY的价值评级为A，而FNV的价值评级为F[7] 投资建议 - 基于盈利前景和估值数据，公司认为HMY目前是更优质的价值投资选择[8]

财务数据和关键指标变化 - 第三季度黄金等价盎司(GEOs)销售量为160,848盎司,较上一季度下降5%,较去年同期下降9% [16][17] - 第三季度贵金属GEOs销售量为125,337盎司,较去年同期增加4% [17] - 第三季度总收入为3.095亿美元,较去年同期略有增加 [21] - 第三季度调整后EBITDA为2.551亿美元,与去年同期相对持平 [21] - 公司保持高毛利率,第三季度毛利率为82.4% [21] - 第三季度调整后净收入为1.751亿美元,每股0.91美元,较去年同期增加 [22] 各条业务线数据和关键指标变化 - 贵金属收入占总收入的78%,较去年同期增加10个百分点 [23] - 地理位置上,88%的收入来自美洲 [23] - 资产多元化方面,科布雷巴拿马是最大收入来源,占总收入22% [23] - 营运商多元化方面,第一量子矿业是最大营运商,占总收入22% [23] 各个市场数据和关键指标变化 - 第三季度黄金、白银和铂金价格同比分别上涨11.6%、22.6%和5.1% [19] - 但钯金和能源价格大幅下跌 [19] - 油价和天然气价格分别下跌10%和66% [20] - 能源资产的GEOs销售量较去年同期下降43% [18] 公司战略和发展方向及行业竞争 - 公司业务模式能抵御成本通胀压力,保持高利润率 [36][37] - 公司拥有丰富的矿产资产组合,未来增长潜力大 [37][38] - 公司积极寻求新的流回和版税收购机会,特别是在金矿领域 [50][51] - 公司看好未来金融市场对资本有限的矿业公司的需求 [50] 管理层对经营环境和未来前景的评论 - 科布雷巴拿马项目近期受到当地社会和反矿业抗议活动影响,但生产仍在持续 [9][10] - 公司预计2024年将有多个新矿山为贵金属业务带来增量贡献 [11][12] - 公司长期资产组合中还有多个潜在扩产和新项目,如Candelaria、Tasiast和Copper World等 [12][13] - 尽管科布雷巴拿马项目存在不确定性,但公司整体业务模式依然稳健,将继续产生强劲的现金流和高利润率 [14] 问答环节重要的提问和回答 问题1 **Heiko Ihle 提问** Antamina矿山第三季度交付量下降是否已完全解决,未来几个季度是否可以恢复正常交付 [32][33] **Paul Brink 回答** 是的,Antamina矿山第三季度交付量下降的问题已经得到解决,未来几个季度交付量将恢复正常 [33] 问题2 **Brian MacArthur 提问** 关于公司在巴巴多斯的税收安排,是否会统一按15%的全球最低税率缴纳,还是会有其他特殊安排 [41][42] **Sandip Rana 回答** 公司在巴巴多斯的税收安排将会有两部分:1)巴巴多斯将把本地税率从低单位数提高到9%;2)对于差额部分,公司还需要缴纳6%的补充税,具体影响公司正在评估 [42][43][44] 问题3 **Adrian Day 提问** 公司未来在获取新的流回和版税方面的计划和预期如何 [49][50][51] **Eaun Gray 回答** 公司看好未来在金矿领域获取新的流回和版税的机会,特别是对于开发项目的支持 [50][51]

Exhibit 99.2 Management’s Discussion and Analysis This Management’s Discussion and Analysis (“MD&A”) of financial position and results of operations of Franco-Nevada Corporation (“Franco-Nevada”, the “Company”, “we” or “our”) has been prepared based upon information available to Franco- Nevada as at November 8, 2023 and should be read in conjunction with Franco-Nevada’s unaudited condensed consolidated interim financial statements and related notes as at and for the three and nine months ended September 30, ...

Franco-Nevada Corp (NYSE:FNV) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants Candida Hayden - IR Contact Paul Brink - President, CEO & Director Sandip Rana - CFO Conference Call Participants Fahad Tariq - Credit Suisse Josh Wolfson - RBC Capital Markets Heiko Ihle - H.C. Wainright Cosmos Chiu - CIBC Martin Pradier - Veritas Investment Research Tanya Jakusconek - Scotiabank Brian MacArthur - Raymond James Operator Good morning, and welcome to Franco-Nevada Corporation's Seco ...