Franco-Nevada (FNV) to Release Quarterly Earnings on Tuesday

Franco-Nevada (TSE:FNV) (NYSE:FNV) will be posting its quarterly earnings results after the market closes on Tuesday, August 13th. Analysts expect Franco-Nevada to post earnings of C$1.14 per share for the quarter.

Franco-Nevada Stock Performance

Franco-Nevada stock opened at C$166.23 on Monday. The business has a 50 day moving average of C$167.55 and a 200-day moving average of C$161.64. The company has a debt-to-equity ratio of 1.63, a current ratio of 29.40 and a quick ratio of 23.26. Franco-Nevada has a 1 year low of C$139.19 and a 1 year high of C$198.00. The company has a market capitalization of C$31.97 billion, a P/E ratio of -48.04, a P/E/G ratio of 5.00 and a beta of 0.62.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. CIBC raised their price target on shares of Franco-Nevada from C$250.00 to C$265.00 in a report on Wednesday, July 10th. Stifel Nicolaus boosted their target price on shares of Franco-Nevada from C$182.00 to C$196.00 and gave the company a “buy” rating in a report on Friday, April 19th. Eight Capital increased their price target on Franco-Nevada from C$190.00 to C$200.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. BMO Capital Markets boosted their price objective on Franco-Nevada from C$200.00 to C$210.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Finally, Canaccord Genuity Group upped their target price on Franco-Nevada from C$177.00 to C$190.00 in a research report on Tuesday, July 23rd. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Franco-Nevada has a consensus rating of “Moderate Buy” and a consensus price target of C$192.18.

Insider Buying and Selling

In other news, Director Catharine Elizabeth Goddard Farrow sold 20,000 shares of the company’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of C$171.78, for a total transaction of C$3,435,562.00. Following the transaction, the director now owns 301 shares of the company’s stock, valued at approximately C$51,705.21. In related news, Director Catharine Elizabeth Goddard Farrow sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of C$171.78, for a total transaction of C$3,435,562.00. Following the sale, the director now directly owns 301 shares in the company, valued at approximately C$51,705.21. Also, Director Paul Brink sold 13,076 shares of the firm’s stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of C$170.21, for a total transaction of C$2,225,654.19. In the last ninety days, insiders have sold 33,606 shares of company stock valued at $5,747,182. 0.69% of the stock is owned by insiders.

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.