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Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. It operates through Precious Metals, Other Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. The company was founded in 1986 and is headquartered in Toronto, Canada.

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Franco-Nevada fell about 11% in a month on three worries: idle cash, a shrinking top stream, and a capped Cobre Panamá. Management's own words answer each one, and none of them breaks the thesis. I put the value somewhere around $121 a share; the stock trades at 1.94x that, below Wheaton's 2.38x on the same basis.

On October 14, 2026, Franco-Nevada Corp (FNV) shares fell 3.6%, bringing the current price to $235.05. This decline comes amidst a 52-week range of $181.50 to $

Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") announces that Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) ("FNV"), a leading gold-focused royalty and streaming company, has acquired an aggregate of 10,000,000 common shares ("Common Shares") of Kenorland (the "Transaction"), representing approximately 12.42% of the outstanding Common Shares.