Franco-Nevada secures royalty on Ontario's Côté gold mine in $1B deal (FNV:NYSE)

Franco-Nevada secures royalty on Ontario's Côté gold mine in $1B deal (FNV:NYSE)

Franco-Nevada agreed to acquire a royalty package consisting of a 7.5% gross margin royalty on the Côté gold mine in Ontario from a unnamed third party for $1.05B in cash.

Franco-Nevada (NYSE:FNV) Given New $195.00 Price Target at HC Wainwright

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) had its price target hoisted by equities research analysts at HC Wainwright from $180.00 to $195.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price target suggests a potential upside of 15.91% from […]

Franco-Nevada Spends $1.05 Billion Acquiring Royalty On IAMGOLD's Cote Gold Mine

Franco-Nevada (TSX: FNV) is the new owner of an existing royalty package that exists at IAMGOLD’s (TSX: IMG) Cote Gold Mine. The company has acquired the package from a third party in a private transaction. The arrangement has seen Franco-Nevada pay total cash consideration of $1.05 billion for a 7.5% gross margin royalty on the […]

Franco-Nevada lands $1B royalty on Iamgold’s Côté – The Northern Miner

Canada’s Franco-Nevada (TSX, NYSE: FNV) has agreed to acquire a royalty package on the Côté Gold mine in Ontario from a private third party for $1.05 billion in cash. The Toronto-based...