Gold Price: FNVWF's primary business is gold royalty and streaming. Higher gold prices generally lead to increased revenue and profitability, boosting the stock price.

Production Volumes: FNVWF's stock is affected by the production at mines from which it receives royalties or streams. Lower production can negatively impact revenue.

Interest Rates: Interest rates affect the appeal of gold. Lower interest rates can make gold a more attractive investment, indirectly benefiting FNVWF's stock.

Overall Market Sentiment: General market optimism or pessimism can affect FNVWF's stock. Economic recessions can cause people to turn to gold.

Company-Specific News: News regarding acquisitions, new streams, or financial performance directly influences investor perception and stock price.

Currency Fluctuations: Changes in currency exchange rates, particularly the US dollar, can affect the value of FNVWF's revenue and profitability.