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Stock impact report

Franco-Nevada Expands Gold Royalties As Valuation And Momentum Diverge [Yahoo! Finance]

i-80 Gold Corp. Common Shares (IAUX) 
Company Research Source: Yahoo! Finance
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Franco-Nevada (TSX:FNV) has secured new gold royalty agreements, including a gross royalty from Minerals 260 tied to the Bullabulling Gold Project in Western Australia. The company also agreed to a significant net smelter return royalty with i-80 Gold Corp, adding another producing and development focused stream of gold-linked revenue. These transactions expand Franco-Nevada's gold royalty portfolio and reflect its focus on keeping a debt-free, cash-generative balance sheet. Franco-Nevada comes into these new deals with a current share price of CA$352.86 and a history of strong share price performance, including a 23.3% return year to date and 73.0% over the past year. Over 3 and 5 years, returns sit at 101.7% and 145.8%, which helps explain why investors watch fresh royalty announcements closely. The new agreements are being added to the Show less Read more
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