Franco-Nevada achieves record growth through royalty revenue without mine operations
NEM Newmont Corp
$118.47 -1.24%
View chart & analysis → - 1Franco-Nevada receives royalty and streaming revenue without directly operating mines.
- 2The company recorded 6-month revenue of 1.23 billion dollars mid-fiscal year, growing 67% year-over-year.
- 3Franco-Nevada achieved an adjusted EBITDA margin of 91.2% in the second quarter.
So what's the key point?
Franco-Nevada increased its revenue by 67% without directly operating mines. The company achieved record growth by generating large profits with low costs.
Source The Motley Fool +1 · View original ↗
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