Precious metals (gold
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CIBC Raises its Price Target on Franco-Nevada Corporation (FNV) to C$480 and Reiterates an Outperformer Rating
Yahoo Finance· 2026-02-11 23:19
Core Viewpoint - Franco-Nevada Corporation (NYSE:FNV) is recognized as one of the best mining stocks to buy according to Wall Street, with multiple firms raising their price targets based on favorable market conditions for precious metals [1][6]. Price Target Adjustments - CIBC raised its price target on Franco-Nevada Corporation to C$480 from C$460, maintaining an Outperformer rating, driven by an increased gold price forecast to $6,000 per ounce in 2026 and $6,500 in 2027, alongside higher copper assumptions [2]. - UBS increased its price target for Franco-Nevada Corporation to $310 from $270 while keeping a Buy rating, reflecting a positive outlook on gold and silver prices amid economic and geopolitical uncertainties [3]. - Scotiabank also raised its price target to $283 from $225, maintaining a Sector Perform rating, citing similar factors of higher gold and silver price forecasts supported by ongoing central bank buying [3]. Company Overview - Franco-Nevada Corporation operates a global royalty and streaming portfolio primarily focused on precious metals, including gold and silver, with additional exposure to other mining assets and energy-related interests across various regions including the Americas, Australia, and Europe [4].
Gold.com Sets Fiscal Second Quarter Earnings Call for Thursday, February 5th at 4:30 p.m. ET
Globenewswire· 2026-01-16 13:00
Core Insights - Gold.com, Inc. will hold a conference call on February 5, 2026, at 4:30 p.m. Eastern time to discuss its fiscal second quarter results for the period ending December 31, 2025 [1] Company Overview - Gold.com is a fully integrated alternative assets platform that offers a wide range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients globally [1][4] - Founded in 1965, Gold.com provides a comprehensive solution for all aspects of the precious metals and collectibles value chain, combining market expertise with logistics, financing, and minting capabilities [4] - The company operates a direct-to-consumer marketplace through flagship brands such as JMBullion.com and GovMint.com, serving millions of customers [5] - Gold.com has been an authorized purchaser of the United States Mint since 1986 and maintains relationships with a network of sovereign and private mints [5] Conference Call Details - The conference call can be accessed via a U.S. dial-in number (1-888-506-0062) and an international number (1-973-528-0011) [2] - Participants are encouraged to call 10 minutes before the start time and will need a participant access code (118433) [2] - A replay of the call will be available after 7:30 p.m. Eastern time on the same day through February 19, 2026 [3]
Gold.com Closes Monex Precious Metals Acquisition, Provides an Operational Update, and a Link to the Livestream of the January 27, 2026 Ringing of the NYSE’s Opening Bell
Globenewswire· 2026-01-05 13:00
Core Insights - Gold.com, Inc. has successfully completed the acquisition of Monex, a prominent precious metals dealer, enhancing its service offerings and operational capabilities [1][2] - The company has increased its stake in Atkinsons Bullion & Coins to 49.5%, further expanding its international direct-to-consumer presence [3][4] - Gold.com will ring the NYSE Opening Bell on January 27, 2026, marking its transition to a fully integrated alternative assets platform [9] Monex Transaction Update - The acquisition of Monex allows Gold.com to integrate teams and platforms efficiently, leveraging decades of collaboration [2] - Monex has facilitated billions in transactions since its founding in 1987, generating total revenue of $835 million for the year ending December 31, 2024, and holding $630 million in assets under custody as of September 30, 2025 [2] Atkinsons Bullion & Coins Investment Update - Gold.com acquired an additional 24.5% equity interest in Atkinsons, increasing its total ownership to 49.5% [3] - Atkinsons reported revenue exceeding $370 million in calendar year 2025, and Gold.com holds an option to acquire an additional 25.5% ownership interest beginning December 2027 [4][5] Auction Highlights - Stack's Bowers Galleries conducted a landmark auction for the final circulating Lincoln pennies, realizing over $16.76 million [6][8] - The auction featured 232 three-coin sets, with an average lot value exceeding $72,000, and the final set achieving a record price of $800,000 [8] Company Overview - Gold.com, founded in 1965, offers a comprehensive solution for precious metals and collectibles, combining market expertise with logistics, financing, and minting capabilities [10] - The company's direct-to-consumer marketplace includes flagship brands such as JMBullion.com and Stack's Bowers Galleries, serving millions of customers globally [11]