10 Best Debt Free Stocks to Buy Now

7. Franco-Nevada Corporation (NYSE:FNV)

Number of Hedge Fund Holdings: 32

Market Capitalization as of January 31: $26.24 Billion

Enterprise Value: $24.92 Billion

Franco-Nevada Corporation (NYSE:FNV) is a leading royalty and streaming company. The company provides upfront capital to miners in exchange for a percentage of future metal production or sales. This business model allows the company to generate consistent cash flow while avoiding operational and environmental risks associated with mining. The company’s portfolio includes gold, silver, platinum, and other resource royalties from mines worldwide.

Franco-Nevada Corporation (NYSE:FNV) is actively pursuing strategic acquisitions and investments in new mine developments. The company has recently seen a boost in contributions from its newly commissioned Tocantinzinho mine in Brazil, alongside increased royalty revenues from the recently completed Greenstone mine and the newly acquired Yanacocha royalty. These additions are expected to play a crucial role in accelerating revenue growth and improving overall financial performance. In addition to these recent successes, Franco-Nevada Corporation’s (NYSE:FNV) business development team is actively assessing a robust pipeline of potential precious metal streams and royalty opportunities.

Moreover, Franco-Nevada Corporation (NYSE:FNV) remains dedicated to operational excellence and continuous improvement across its diverse asset base. The company maintains close collaboration with its operating partners to optimize mine performance, enhance efficiency, and proactively address any operational challenges that may arise. By leveraging its strong industry expertise and maintaining a disciplined approach to capital allocation, Franco-Nevada Corporation (NYSE:FNV) is well-positioned to sustain long-term growth while delivering consistent returns to its shareholders.