* Q3 adj EPS $0.13 vs est $0.12
* Q3 rev up 27 pct
* Royalty rev up 35 pct
Nov 11 (Reuters) - Franco-Nevada Corp (FNV.TO) posted quarterly results that topped market estimates, helped by a 35 percent boost in royalty revenue from its gold and precious metal assets in North America and Mexico.
The Canadian gold-focused royalty company earned $18 million, or 16 cents per basic share, compared with earnings of $12.3 million, or 11 cents per basic share, a year ago.
Adjusted earnings came in at 13 cents a share, above analysts’ forecast of 12 cents a share, according to Thomson Reuters I/B/E/S.
Total revenue rose 27 percent to $52.2 million. Analysts expected revenue of $47.2 million.
Free cash flow rose 37 percent to $44.6 million.
Franco-Nevada shares have shed 9 percent since early this month, when the Canadian government curbed approval for Taseko Mine’s Prosperity project in British Columbia.
Franco-Nevada had signed a 22 percent gold stream agreement with Taseko (TKO.TO) in May for production from the project.
Shares of Franco-Nevada closed at C$32.47 on Thursday on the Toronto Stock Exchange. (Reporting by Gowri Jayakumar in Bangalore; Editing by Maju Samuel)