From Yahoo Finance: 2025-05-29 13:18:00

H.C. Wainwright raised the price target for Franco-Nevada to $195, citing a Buy rating after the company’s royalty deal for the Côté Gold Mine in Ontario. The royalty package includes a 7.5% gross margin royalty covering over 99.9% of present mineral resources and reserves. IAMGOLD and Sumitomo have the option to acquire up to half of the royalties. The deal is expected to close by the end of the second quarter of 2025, with economic benefits starting on the closing date or July 1st. No promotional content is included in the news article.



Read more at Yahoo Finance: Franco-Nevada Price Target Raised to $195 by H.C. Wainwright After Royalty Deal