12:30 PM EDT, 08/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by CAD18 to CAD258, using a P/E of 35.4x our 2026 EPS estimate, in line with FNV's two-year avg. forward P/E and in line with royalty/streaming peers. We raise our 2025 EPS estimate by USD0.59 to USD5.04 and our 2026 EPS forecast by USD0.44 to USD5.29. FNV's USD1.3 billion in recent acquisitions, including the Cote Gold royalty (USD1.05 billion) and Arthur project royalty (USD250 million), significantly strengthen the company's growth outlook through 2030. These transactions demonstrate management's ability to deploy capital into high-quality assets. The suspension of arbitration proceedings and approval of Panama's preservation plan represent constructive developments, though we maintain a cautious stance on restart timing. While Cobre's potential return offers substantial upside given the fully impaired carrying value, regulatory and political uncertainties persist. The expected ~10k gold equivalent ounces from concentrate shipments in Q3 provides a modest near-term benefit.