Franco-Nevada Corporation (FNV) Hits Its Record High

With significant hedge fund interest, Franco-Nevada Corporation (NYSE:FNV) secures a spot on our list of the 11 Best Gold Royalty and Small-Cap Gold Stocks to Invest in Now.

Franco-Nevada Corporation (NYSE:FNV) achieved a significant milestone on September 8, 2025, when its shares reached a record high of $196.20, increasing the company’s market capitalization to $37.43 billion. Strong investor confidence is demonstrated by the surge, which shows an impressive 66.18% one-year gain and a 65.61% year-to-date return.

Franco-Nevada Corporation (NYSE:FNV) continues to show remarkable financial health with gross profit margins of 89.73%, a solid current ratio of 4.25, and an outstanding 17-year streak of dividend increases. Even if current valuations indicate that the company is trading above fair value, Franco-Nevada has established itself as a leader in the streaming and royalties field thanks to its steady ability to take advantage of favorable market conditions and operational efficiencies.

With a global portfolio that includes gold, silver, platinum, and energy assets, Franco-Nevada Corporation (NYSE:FNV) is a royalty and streaming company that specializes in precious metals. It is one of the Best Gold Stocks.

While we acknowledge the potential of FNV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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