royalties News & Analysis
2 articles
Market Mood
Franco-Nevada (FNV) Targets 510K-570K Gold Ounces in 2026
Franco-Nevada Corporation (FNV) aims for gold equivalent ounce sales of 510,000 to 570,000 in 2026, excluding contributions from the Cobre Panama project. The company noted that while it received approval for processing stockpiled ore at Cobre Panama, significant benefits won't materialize until 2027. A $10 rise in oil prices could increase oil-related revenue by approximately 12%. Analyst Carey MacRury upgraded Franco-Nevada to Buy with a price target increase to C$415 from C$380, reflecting confidence in its diversified royalty portfolio and stable cash generation.
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Triple Flag Precious Metals (TFPM) Price Target Raised to $49 by BofA
On March 23, 2026, BofA raised the price target for Triple Flag Precious Metals Corp. (TFPM) to $49 from $46, maintaining a Buy rating. This adjustment followed the company's Q4 results and updated guidance, highlighting its strong portfolio performance and resilient cash flow. Similarly, analyst Lawson Winder increased the price target to $46 from $44 on February 26, reflecting improving macro conditions for precious metals. The revisions come amid expectations that gold and silver will benefit from geopolitical uncertainties and inflationary pressures.
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