Is Franco-Nevada (FNV) the Best Debt Free Gold Stock to Buy?
Quick Take
Franco-Nevada is highlighted as a top debt-free gold stock investment option.
Key Points
- Franco-Nevada has no debt, enhancing financial stability.
- Strong revenue growth driven by gold price increases.
- Diversified portfolio minimizes investment risks.
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~2 min readFranco-Nevada Corporation (NYSE:FNV) is one of the
8 Best Debt Free Gold Stocks to Buy.
On May 13, 2026, Franco-Nevada Corporation (NYSE:FNV) announced that the nominees listed in the management proxy circular for the company’s 2026 Annual and Special Meeting of Shareholders were elected to the Board of Directors. The elected directors were Tom Albanese, Paul Brink, Hugo Dryland, Derek Evans, Catharine Farrow, Maureen Jensen, Jennifer Maki, Daniel Malchuk, and Jacques Perron.
On May 12, 2026, Franco-Nevada Corporation (NYSE:FNV) reported Q1 EPS of $2.38, versus the consensus estimate of $2.08. Revenue totaled $650.7M, compared to the consensus estimate of $635.3M. David Harquail reflected on nearly four decades in the gold royalty business, describing Franco-Nevada’s model as a lower-risk approach to gold investing supported by a strong balance sheet and relative insulation from inflationary pressures. Harquail also highlighted the company’s long-term shareholder returns and confidence in the management team and board to continue supporting dividend growth over time.
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Last month, Canaccord analyst Carey MacRury upgraded Franco-Nevada Corporation (NYSE:FNV) to Buy from Hold with a price target of C$415 on the shares, up from C$380 previously.
Franco-Nevada Corporation (NYSE:FNV) operates as a royalty and streaming company focused primarily on precious metals assets across global mining jurisdictions, while also maintaining exposure to energy-related assets through its Energy segment.
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— Originally published at finance.yahoo.com
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