{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/FNV",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Franco-Nevada Corporation (TSX: FNV) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Franco-Nevada Corporation, listed on the TSX under ticker FNV, with ISIN CA3518581051 and LEI 98450064C1B5D3E94864. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is Canada (federal) (CA). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 24 filings across 22 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 10 days. The latest filing is dated 2026-10-13 and is a financial statement, 24 days before the record date of 2026-11-06. The TSX median cadence gap is 16 days and its median latency is 3.0 days; the Mining sector median cadence gap is 17.0 days and its median latency is 15.0 days.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers LLP, whose location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag reads listed, not halted.\n\n## Orderability\n\nUnder rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome is signal ACM-200 for Paragraph (o) of the definition and signal ACM-200 for Paragraph (q) of the definition, and both outcomes are determinable.\n\n## Coverage\n\nThe issuer's own investor-relations page names 13 research houses: BMO Capital Markets, Canaccord Genuity, CIBC World Markets, H.C. Wainwright, Jefferies, National Bank, Paradigm Capital Inc., Raymond James, RBC Capital Markets, Stifel, TD Securities, UBS and Very Independent Research.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://www.investing.com/equities/franco-nevada-corp (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/98450064C1B5D3E94864 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/FNV (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1456346/000155837024003443/fnv-20231231xex99d3.htm (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSX/FNV (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1456346/000155837024003443/fnv-20231231xex99d3.htm",
    "state": "confirmed",
    "value": "PricewaterhouseCoopers LLP"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/FNV",
  "coverage": {
   "count": 13,
   "houses": [
    {
     "analyst": "Matthew Murphy",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Carey MacRury",
     "house": "Canaccord Genuity",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Cosmos Chiu",
     "house": "CIBC World Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Heiko Ihle",
     "house": "H.C. Wainwright",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Fahad Tariq",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Shane Nagle",
     "house": "National Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Lauren McConnell",
     "house": "Paradigm Capital Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Brian MacArthur",
     "house": "Raymond James",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Josh Wolfson",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Fanming Zeng",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Derick Ma",
     "house": "TD Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Major",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "John Tumazos",
     "house": "Very Independent Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx",
     "result": "read: 13 of 30 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 1414,
     "median_cadence_gap_days": 17,
     "median_filings": 10,
     "median_latency_days": 15,
     "name": "Mining"
    }
   },
   "by_type": {
    "corporate_action": 1,
    "financial_statement": 7,
    "newswire_release": 16
   },
   "cadence_median_gap_days": 10,
   "filing_days": 22,
   "filings": 24,
   "latency_days": 24,
   "latest": [
    {
     "category": null,
     "date": "2026-10-13",
     "source": "https://www.newswire.ca/news-releases/franco-nevada-to-release-third-quarter-2026-results-898274813.html",
     "title": "Franco-Nevada to Release Third Quarter 2026 Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-09-30",
     "source": "https://www.newswire.ca/news-releases/cobre-panama-update-873474949.html",
     "title": "Cobre Panamá Update",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-28",
     "source": "https://www.prnewswire.com/news-releases/franco-nevada-announces-appointment-of-paul-brink-as-chair-of-the-world-gold-council-302891815.html",
     "title": "Franco-Nevada Announces Appointment of Paul Brink as Chair of the World Gold Council",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-28",
     "source": "https://www.newswire.ca/news-releases/franco-nevada-announces-appointment-of-paul-brink-as-chair-of-the-world-gold-council-868671476.html",
     "title": "Franco-Nevada Announces Appointment of Paul Brink as Chair of the World Gold Council",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-24",
     "source": "https://www.globenewswire.com/news-release/2026/09/24/3368750/0/en/banyan-announces-franco-nevada-subscription-for-10-million-shares-in-previously-announced-financing.html",
     "title": "Banyan Announces Franco-Nevada Subscription for 10 Million",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-10-13",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/FNV",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "read_by": "Tavily search + regex extraction from page text",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.investing.com/equities/franco-nevada-corp",
    "state": "confirmed",
    "value": "CA3518581051"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/98450064C1B5D3E94864",
    "state": "confirmed",
    "value": "Canada (federal) (CA)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/98450064C1B5D3E94864",
    "state": "filled",
    "value": "98450064C1B5D3E94864"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "Franco-Nevada Corporation"
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Mining"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "FNV"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:4f627271b143cb87d96ea0904bbe9fc0f82d49bd0def2992d82651a3b30d95d1",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/FNV",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:4f627271b143cb87d96ea0904bbe9fc0f82d49bd0def2992d82651a3b30d95d1",
 "path": "/ca/TSX/FNV",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Franco-Nevada Corporation, listed on the TSX under ticker FNV, with ISIN CA3518581051 and LEI 98450064C1B5D3E94864. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is Canada (federal) (CA). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 24 filings across 22 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 10 days. The latest filing is dated 2026-10-13 and is a financial statement, 24 days before the record date of 2026-11-06. The TSX median cadence gap is 16 days and its median latency is 3.0 days; the Mining sector median cadence gap is 17.0 days and its median latency is 15.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers LLP, whose location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome is signal ACM-200 for Paragraph (o) of the definition and signal ACM-200 for Paragraph (q) of the definition, and both outcomes are determinable.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 13 research houses: BMO Capital Markets, Canaccord Genuity, CIBC World Markets, H.C. Wainwright, Jefferies, National Bank, Paradigm Capital Inc., Raymond James, RBC Capital Markets, Stifel, TD Securities, UBS and Very Independent Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.isin",
   "source": "https://www.investing.com/equities/franco-nevada-corp"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/98450064C1B5D3E94864"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/FNV"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1456346/000155837024003443/fnv-20231231xex99d3.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.franco-nevada.com/investors/Stock-Resources/analyst-coverage/default.aspx"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/FNV"
  }
 ],
 "title": "Franco-Nevada Corporation (FNV) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}