Franco-Nevada (FNV) vs OceanaGold (OGC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
OceanaGold (OGC) has outperformed Franco-Nevada (FNV) over the past year, gaining 12.7% versus a gain of 12.3%. Over five years, OGC leads with a +372.9% price change compared with +70.9% for FNV. Franco-Nevada is the larger company by market cap ($46.39 billion vs $5.93 billion), about 7.8 times the size.
On valuation, OceanaGold trades at a lower trailing P/E (7.1x vs 31.4x for Franco-Nevada). OceanaGold offers the higher dividend yield (0.90% vs 0.68%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FNV | OGC |
|---|---|---|
| Share price | $240.50 | $26.67 |
| Market cap | $46.39B | $5.93B |
| 1-day change | +1.09% | +1.10% |
| YTD return | +16.03% | -5.76% |
| 1-year return | +12.34% | +12.67% |
| 5-year return | +70.88% | +372.87% |
| P/E ratio (TTM) | 31.44 | 7.07 |
| Forward P/E | 25.74 | — |
| EPS (TTM) | $7.65 | $3.77 |
| Dividend yield | 0.68% | 0.90% |
| Annual dividend | $1.64 | $0.24 |
| Revenue (latest FY) | $1.82B | — |
| Revenue growth (YoY) | +63.69% | — |
| Net income (latest FY) | $1.11B | — |
| Gross margin | 73.91% | — |
| Operating margin | 74.29% | — |
| Net margin | 61.01% | — |
| 52-week high | $285.67 | $43.33 |
| 52-week low | $181.50 | $20.18 |
| Distance from 52-week high | -15.81% | -38.45% |
| Analyst consensus | buy | — |
| Avg. price target upside | +19.32% | — |
| Average volume | 795.74K | 564.55K |
| Shares outstanding | 192.87M | 222.45M |
| Sector | Basic Materials | Basic Materials |
| Industry | Gold | Gold |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Franco-Nevada is about 7.8 times larger than OceanaGold by market value ($46.39B vs $5.93B).
- Franco-Nevada trades at a higher earnings multiple (31.4x vs 7.1x trailing P/E).
About Franco-Nevada
FNV stock →Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments.
Basic Materials · Gold
About OceanaGold
OGC stock →OceanaGold Corporation engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits.
Basic Materials · Gold
FNV vs OGC FAQ
Which is bigger, Franco-Nevada or OceanaGold?
Franco-Nevada (FNV) is larger, with a market capitalization of $46.39B compared with $5.93B for OceanaGold (OGC).
Which stock has performed better over the past year, FNV or OGC?
OGC returned +12.67% over the past 12 months, compared with +12.34% for FNV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FNV or OGC?
OGC has the lower trailing P/E at 7.1, versus 31.4 for FNV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Franco-Nevada or OceanaGold?
OceanaGold has the higher yield at 0.90%, compared with 0.68% for Franco-Nevada.
Are Franco-Nevada and OceanaGold in the same industry?
Yes. Both are classified in the Gold industry within the Basic Materials sector.