Franco-Nevada Edges Up After Hours as Its Q1 Profit and Revenue Fall After Cobre Panama Suspension

MT Newswires05-02

Franco-Nevada (FNV.TO, FNV) edged uo in after-hours New York trading after the company on Wednesday said its first-quarter profit and revenue dropped following last year's suspension of operations at ...

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Elevated gold prices translated directly into some of our highest ever margins ... While Cobre Panama remains on preservation and safe management, we are hopeful that the issues can be resolved. Franco- Nevada has no debt, $2.3B in available capital and has an active deal pipeline,\" chief executive Paul Brink said in a release.The company's shares were last seen up US$0.19 to US$122.02. 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Elevated gold prices translated directly into some of our highest ever margins ... While Cobre Panama remains on preservation and safe management, we are hopeful that the issues can be resolved. Franco- Nevada has no debt, $2.3B in available capital and has an active deal pipeline,\" chief executive Paul Brink said in a release.\n\n The company's shares were last seen up US$0.19 to US$122.02. 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