Franco-Nevada Co. (TSE:FNV) Senior Officer Sells C$1,270,422.53 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Sandip Rana sold 5,675 shares of Franco-Nevada stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of C$223.86, for a total value of C$1,270,422.53.

Franco-Nevada Trading Down 0.2 %

FNV stock opened at C$223.10 on Tuesday. The stock’s 50 day simple moving average is C$201.29 and its 200 day simple moving average is C$181.96. Franco-Nevada Co. has a 12-month low of C$154.38 and a 12-month high of C$225.77. The firm has a market cap of C$30.27 billion, a P/E ratio of -48.18, a P/E/G ratio of 5.00 and a beta of 0.68.

Wall Street Analyst Weigh In

FNV has been the subject of a number of recent analyst reports. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective for the company. in a research note on Tuesday, March 11th. CIBC raised their price target on shares of Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Finally, National Bankshares cut their price target on shares of Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$194.10.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.