Franco-Nevada Corporation (NYSE:FNV) is included among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term. TD Securities Lowers Franco-Nevada (FNV) Price Target to $225, Maintains Hold Rating On November 5,‍ TD Securities lowered its price target for Franco-Nevada Corporation (NYSE:FNV) to $225 fr​o‌m $247 while maintaining a Hold rating on t⁠he s⁠tock‍, fo‌llowing a “solid” Q3​ report, according to a report by The Fly. The firm attri⁠b​uted the target reduction to a shift in in‌vesto ...

Financial Results - Plato Gold Corp. reported financial results for the nine months and three months ended September 30, 2025, showing income of $1,389 million for nine months and $352 million for three months [1] - The company experienced a net loss of $131,176 million for the nine months and $35,353 million for the three months [1] - Comprehensive loss matched the net loss figures, with comprehensive losses of $131,176 million for nine months and $35,353 million for three months [1] - Loss per common share was reported at $(0.01) for the nine months [1] - The weighted average number of common shares outstanding was 230,665,717 for the nine months [1] Company Overview - Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange, with projects located in Timmins, Ontario, and Santa Cruz, Argentina [3] - The Timmins project includes four properties: Guibord, Harker, Holloway, and Marriott, focusing on gold exploration [3] - In Argentina, the company holds a 95% interest in Winnipeg Minerals S.A., which has mineral rights totaling 9,672 hectares with potential for gold and silver [4] - The Good Hope Niobium Project covers approximately 6,035 hectares near Marathon, Ontario, targeting niobium [4] - The Pic River Platinum Group Metals Project consists of 2,352 hectares near Marathon, Ontario, with claims contiguous to Generation Mining's Marathon PGM project [5]

Core Insights - Franco-Nevada Corporation reported record adjusted earnings of $1.43 per share in Q3 2025, exceeding the Zacks Consensus Estimate of $1.37, with a year-over-year increase of 79% [1][7] - The company achieved record revenues of $488 million in the reported quarter, a surge of 76.9% year over year, primarily driven by high gold prices [2][7] - Adjusted EBITDA rose 62.3% year over year to $427 million, with an adjusted EBITDA margin of 87.6%, up from 85.7% in the prior year [3] Financial Performance - Franco-Nevada sold 138,772 Gold Equivalent Ounces (GEOs) in Q3 2025, a 26% increase from 110,110 GEOs in the same quarter last year, supported by deliveries from Cobre Panama [3] - The company had $0.24 billion in cash at the end of Q3 2025, down from $1.45 billion at the end of 2024, while operating cash flow for the first nine months of 2025 was $1.07 billion, up from $0.59 billion in the prior-year period [4] - Franco-Nevada remains debt-free and utilizes its free cash flow for portfolio expansion and dividend payments [4] Future Outlook - The company updated its total GEO sales outlook for 2025 to a range of 495,000-525,000, an increase from the previous estimate of 465,000-525,000 [5] Stock Performance - Franco-Nevada's shares have increased by 39.5% over the past year, compared to the industry's growth of 77.9% [6]

Core Viewpoint - New Age Metals Inc. has received approval for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located approximately 25 km southeast of Kenora, Ontario. The company aims to leverage modern exploration techniques to unlock significant value in the under-explored Kenora Mining District [1][4][26]. Financial Summary - The company is issuing 302,298 common shares at a deemed price of $0.4135 per share and making a cash payment of $40,000 to the partners involved in the project. Future share payments will be based on the 10-day trading average of NAM shares, with a minimum price of $0.2475 per share [2][3]. - Contingent milestone payments of $250,000 will be made upon the completion of an NI 43-101 compliant Mineral Resource Report outlining over one million ounces of gold, with an additional $250,000 for exceeding 2.5 million ounces [2]. Project Highlights - The Bonanza Gold Project has multiple high-grade mineral occurrences, with surface assays showing values up to 127 g/t Au. The project is drill-ready with three-year permits in place and excellent infrastructure, including road access and provincial grid power lines [6][12][26]. - The Kenora Gold District is recognized for its high-grade Archean lode-gold deposits and has been a significant area for mineral exploration for over a century, supported by established infrastructure and a skilled workforce [11][28]. Exploration and Development Plans - The technical team is currently conducting a second phase of work on the Bonanza Project, with fieldwork expected to conclude by the end of the month. Assays will be sent to the lab, and a comprehensive digital data compilation is underway [8][9]. - The company is actively seeking to expand its project portfolio and has a long-term goal of assembling a district-scale gold asset in Kenora to attract major gold producers [4][7]. Market Context - The gold price and demand are at historic highs, providing a favorable environment for exploration and development in the junior mining sector. The company believes that the current market conditions present a significant opportunity for growth [4][11]. - The response to recent private placements indicates renewed investor interest in the junior mining industry, with the company successfully upsizing its private placement to $4 million [11].

Core Viewpoint - The company is transitioning from open cast mining to underground mining as it depletes its open pit resources, which has been a planned strategy for several years [3]. Group 1: Transition to Underground Mining - The company has been an open cast miner for the last 15 years and is now moving to underground mining, starting with the west mine [3]. - This transition is seen as an opportunity to redefine resources, innovate, and empower future operations [3]. Group 2: Integrated Mining Vision - The company aims to unlock multigenerational value through a fully integrated mining complex, which includes the co-production of Platinum Group Metals and chrome concentrate [5]. - The company has remained profitable over the last 11 years despite facing volatile commodity markets and geopolitical challenges [5].

Core Viewpoint - New Age Metals Inc. has entered into an option agreement for the Bonanza Gold Project, which consists of 114 mining claims and 1 patented mining claim totaling 2,191 hectares, located near Kenora, Ontario, providing an opportunity to leverage modern exploration techniques in a historically under-explored area [1][2][3]. Group 1: Project Details - The Bonanza Gold Project is situated approximately 25 km southeast of Kenora and encompasses a total area of 2,191 hectares or 5,414 acres [1]. - The company has the option to acquire 100% of the project, subject to a 2% royalty, which can be reduced to 1% for a payment of $1 million [1][9]. - The project has shown high-grade mineral occurrences, with surface grab sample assays revealing gold grades up to 127 g/t [6][14]. Group 2: Market Context - The gold price is currently near historic highs, trading at approximately US$3,830 (C$5,330), which has led to increased global demand for gold [5]. - The Kenora District has seen limited modern exploration, presenting an opportunity for New Age Metals to unlock significant value through advanced exploration techniques [2][7]. Group 3: Corporate Strategy - The company aims to assemble a district-scale gold asset in Kenora to attract major gold producers, leveraging the current cash-rich environment of these companies [2]. - New Age Metals has diversified its mineral portfolio, focusing on critical metals including gold, antimony, lithium, and platinum group metals [4][23]. Group 4: Financial Commitments - The option agreement includes a series of cash payments and share issuances to the prospectors, with specific milestones tied to exploration expenditures [8][10]. - Contingent milestone payments of $250,000 are set for the completion of NI 43-101 compliant reports outlining significant gold resources [9]. Group 5: Exploration and Development - A due diligence site visit confirmed the presence of high-grade gold mineralization across multiple prospects within the project [11][12]. - The project is drill-ready with three-year permits in place, indicating readiness for immediate exploration activities [6].

Core Viewpoint - New Age Metals Inc. is initiating a non-brokered private placement offering to raise up to $3,500,000, with significant participation from major shareholder Eric Sprott [1][2][5]. Group 1: Private Placement Details - The private placement consists of up to $2,300,000 in units priced at $0.22 each and up to $1,200,000 in flow-through units priced at $0.26 each [1]. - Each unit includes one common share and one-half of a common share purchase warrant, with the whole warrant allowing the purchase of an additional common share at $0.40 for up to 36 months [2]. - Each flow-through unit consists of one common share qualifying as a flow-through share and one-half of a flow-through unit warrant, with similar warrant terms as the standard units [3]. Group 2: Use of Proceeds - Proceeds from the flow-through units will be allocated for exploration and development of projects in Newfoundland, Ontario, or Manitoba, while proceeds from the standard units will be used for exploration and general working capital [4]. Group 3: Management and Strategic Outlook - The Chairman & CEO expressed confidence that the investment from Sprott and new mining funds will support the development of existing projects and facilitate aggressive acquisition strategies [5]. - The company is actively seeking new mineral acquisition opportunities internationally and aims to partner with major and junior mining companies [16]. Group 4: Company Overview - New Age Metals is focused on the exploration and development of critical green metal projects in North America, with divisions in Platinum Group Elements, Lithium/Rare Elements, and Antimony-Gold [8]. - The company holds significant projects, including the River Valley Project, one of North America's largest undeveloped Platinum Group Element projects, and a substantial lithium claim in the Winnipeg River Pegmatite Field [9][10].

Core Viewpoint - Magna Mining Inc. has successfully closed a brokered offering of common shares, raising approximately $50 million in gross proceeds, which will be utilized for advancing its properties and for general expenses [1][4]. Group 1: Offering Details - The offering consisted of 20,833,300 common shares sold at a price of $2.40 per share [1]. - The offering was facilitated by a syndicate of agents led by Canaccord Genuity Corp., Desjardins Capital Markets, and SCP Resource Finance LP, among others [2]. - The net proceeds will be allocated to advance the Company's existing properties in Sudbury, Ontario, and for general administrative expenses [4]. Group 2: Financial Aspects - The Company paid the agents a cash commission totaling $2,037,962.40 and an additional finder's fee of $225,000 [4]. - The offering was completed under the "listed issuer financing" exemption, meaning the shares are not subject to a hold period under Canadian securities laws [3]. Group 3: Company Overview - Magna Mining Inc. operates in the Sudbury mining district of Ontario, focusing on copper, nickel, and platinum group metals [6]. - The primary asset is the McCreedy West Mine, which is currently in production, supported by other past-producing properties [6]. - The Company aims to unlock long-term shareholder value through production and exploration opportunities [8].

Core Viewpoint - Plato Gold Corp. has announced the results of its drilling program at the Lolita Project in Santa Cruz, Argentina, revealing non-economic gold and silver values but significant anomalous pathfinder elements [1][4][11]. Drilling Program Summary - Drilling commenced in May and concluded by mid-June, totaling 1,585 meters across 12 holes, with lengths ranging from 74 to 242 meters [2]. - The program was completed within the projected budget [2]. Sample Results - Results from 299 samples, including quality control samples, have been reviewed and passed by the Qualified Person [3]. - Maximum values recorded in drill core include 15 parts per billion of gold and 5.8 parts per million of silver, with arsenic at 1,059 ppm, antimony at 230 ppm, mercury at 15 ppm, and sulfur at 1.7 percent [4]. Geological Findings - Drill holes at Panza and Corazon intersected silica veinlets and hydrothermal breccias within a specific stratigraphic unit of competent, felsic volcanic rock, possibly an ignimbrite [4]. - Anomalous mineralization appears to be stratigraphically controlled rather than influenced by steep structures, with significant volumes of alteration and mineralization lacking precious metals [6][7]. Anomalous Element Values - Selected anomalous pathfinder element values include: - Panza LO-25-003: 25.35 m interval with 395 ppm arsenic and 0.69% sulfur [8] - Panza LO-25-009: 37.90 m interval with 308 ppm arsenic and 0.66% sulfur [8] - Corazon LO-25-011: 37.30 m interval with 166 ppm arsenic and 0.42% sulfur [8] - Corazon LO-25-012: 45.00 m interval with 237 ppm arsenic and 0.64% sulfur [8] Future Considerations - The geological occurrence of these mineralization zones is atypical for the Deseado Massif, and the significance of these findings will be further studied by the company [11].

Core Viewpoint - Plato Gold Corp. has announced the results of its drilling program at the Lolita Project in Santa Cruz, Argentina, revealing non-economic gold and silver values but significant anomalous pathfinder elements. Drilling Program Summary - Drilling commenced in May and was completed by mid-June, totaling 1,585 meters drilled across 12 holes, with lengths ranging from 74 to 242 meters [2] - The program was completed within the projected budget [2] Sample Results - Results from 299 samples, including quality control samples, have been reviewed and passed by the Qualified Person [3] - Maximum values recorded in drill core include 15 parts per billion of gold and 5.8 parts per million of silver, with arsenic at 1,059 ppm, antimony at 230 ppm, mercury at 15 ppm, and sulfur at 1.7 percent [4] Geological Findings - Drill holes at Panza and Corazon intersected silica veinlets and hydrothermal breccias within a specific stratigraphic unit of competent, felsic volcanic rock [4] - Anomalous mineralization appears to be stratigraphically controlled rather than by steep structures, with significant volumes of alteration and mineralization lacking precious metals [6][7] Anomalous Element Values - Selected anomalous pathfinder element values include: - Panza LO-25-003: 25.35m interval with 395 ppm arsenic and 0.69% sulfur [9] - Panza LO-25-009: 37.90m interval with 308 ppm arsenic and 0.66% sulfur [9] - Corazon LO-25-011: 37.30m interval with 166 ppm arsenic and 0.42% sulfur [9] - Corazon LO-25-012: 45.00m interval with 237 ppm arsenic and 0.64% sulfur [9] Future Considerations - The geological occurrence of mineralization zones with anomalous pathfinder elements is atypical for the Deseado Massif, and the significance of these findings will be further studied by the company [12]