The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.

Achieved record revenue, adjusted EBITDA, and net income primarily driven by a 70% increase in average gold prices and significant silver price appreciation.

Realized a $63.8 million gain from a partial buyback of the Cascabel stream as the asset transitioned to Jiangxi Copper, a partner management views as highly capable of large-scale development.

Attributed strong precious metal GEO growth to significant silver deliveries from Antamina and the commencement of Phase 1 open pit production at South Arturo.

Expanded the portfolio through four new acquisitions in Q1, targeting attractive resource optionality in stable mining jurisdictions like Nevada and Western Australia.

Maintained high margins despite a 12% increase in cash costs per GEO, as the royalty and streaming model effectively insulated the company from broader energy and cost inflation.

Reported encouraging progress at Cobre Panama, including the restart of power plant units and government approval to process stockpiles, which allows for the restart of mills.

Highlighted significant portfolio optionality with total attributable ounces valued at $124 billion at current prices, nearly triple the company's current market capitalization.

Anticipates a stronger Q2 and second half of the year due to recent oil price spikes, noting that a $10 increase in WTI prices above the $70 guidance assumption increases oil revenue by approximately 12%.

Expects total GEO production to increase as the year progresses, supported by the ramp-up of the Cote mine and upcoming deliveries from Condestable and Casa Berardi.

Projects a decrease in the depletion rate over time as reserves grow at recently acquired higher-depletion assets like Yanacocha, Western Limb, Porcupine, and Cote.

Maintains a robust deal pipeline with a focus on mid-tier developers seeking capital and large-scale operators looking to monetize precious metal streams within diversified portfolios.

Assumes a sustainable and progressive dividend strategy, prioritizing long-term raises over one-time special dividends regardless of commodity price volatility.

Recorded a $63.8 million gain related to the Cascabel royalty and stream buyback, which is excluded from GEO, revenue, and adjusted EBITDA metrics.

Settled all outstanding disputes with the CRA, resulting in the return of all deposits plus interest, with no remaining amounts reflected on the balance sheet.

Established a new $500 million credit facility in the Barbados subsidiary to enhance global financial flexibility for future transactions.

Upgraded to a AAA MSCI ESG rating, reflecting management's commitment to sustainability and community education initiatives in Peru and Nevada.

One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

Management is seeing a trend of mid-tier developers seeking capital and large players looking to divest smaller assets or monetize streams for value creation.

Confirmed the company has $3.5 billion in available capital and is comfortable executing single transactions of that magnitude for high-quality assets in good jurisdictions.

Management clarified they are not involved in direct discussions between First Quantum and the Panamanian government.

Stated it is unlikely there will be any material change to the stream terms as Franco-Nevada does not carry operating risk.

The strategy is to act as a long-term financial partner for top-tier mine builders rather than being purely transactional.

Management intends to participate in equity for the long term but will 'take money off the table' when significant value is created, such as after mine construction milestones.

Management is still evaluating the new rules effective from 2026 but expressed confidence in their existing international corporate structure.

Noted that the successful settlement with the CRA previously validated the robustness of their current processes.