Franco-Nevada Corporation (NYSE:FNV) is one of the best Canadian stocks to invest in according to billionaires. On May 12, Franco-Nevada achieved record financial results in FQ1 2026, with revenue rising 77% to $650.7 million. This growth was driven by high commodity prices, new asset contributions, and a tax refund, leading to record-breaking operating cash flow, Adjusted EBITDA, and net income. CEO Paul Brink highlighted that the company’s royalty and streaming model remains insulated from inflation while benefiting from rising oil prices.
The company also announced a leadership transition, with Tom Albanese appointed as the new independent non-executive Chair of the Board. He succeeds David Harquail, who retires as Chair after 18 years to become Chair Emeritus. Harquail was recognized for his pivotal role in the company’s IPO and its long-term development into a major financial player in the gold royalty sector.
Here is Why Franco-Nevada (FNV) is One of the Best Canadian Stocks to Invest In According to Billionaires
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Operationally, precious metal assets accounted for 87% of quarterly revenue, supported by strong performance from assets like Antamina, Hemlo, and newer projects such as Côté Gold. The company sold 136,353 Gold Equivalent Ounces and concluded the quarter with $3.4 billion in available capital. This strong balance sheet continues to support Franco-Nevada Corporation’s (NYSE:FNV) strategy of delivering long-term value to its shareholders.
Franco-Nevada Corporation (NYSE:FNV) operates as a royalty and stream company. It is focused on precious metals, including silver, gold, and platinum group metals. The company operates in the Precious Metals, Other Mining, and Energy segments.
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