Gold royalty play Franco-Nevada (FNV +6%) rose today after reporting (.pdf) Q3 revenue of...

|About: Franco-Nevada Corporation (FNV)|By:, SA News Editor

Gold royalty play Franco-Nevada (FNV +6%) rose today after reporting (.pdf) Q3 revenue of $113.3M (+106% Y/Y) and EPS of $0.35, and maintaining its guidance for 2011 revenue of $375M-$400M. However, shares have fallen 2.4% AH on account of the company announcing it's selling 8M shares to BMO Capital for proceeds of C$340M.