Franco-Nevada Corp. Hits Day High with Strong 4.13% Intraday Surge

Franco-Nevada Corp. has experienced a notable uptick today, gaining 4.13% and reaching an intraday high of CAD 371.64. This performance stands out against the S&P/TSX 60, which only saw a 0.51% increase on the same day. Over the past week, Franco-Nevada has shown a robust 7.94% growth, significantly outperforming the index's 2.02% rise. The company's strong performance is reflected in its impressive one-year return of 88.16%, compared to the S&P/TSX 60's 27.5%. Additionally, Franco-Nevada has demonstrated consistent growth over the long term, with a remarkable three-year performance of 119.97% and a five-year increase of 163.03%. Financially, Franco-Nevada maintains a solid position with low debt levels and sufficient cash flow to meet its obligations. The company reported a record operating cash flow of CAD 1,643.24 million, alongside a return on capital employed of 12.9%. With high institutional holdings at 76.02%, Franco-Nevada Corp. continues to showcase its strength in the gems, jewellery, and watches industry.