Franco-Nevada Co. (TSE:FNV) Director Sells C$442,940.00 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 2,000 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$221.47, for a total value of C$442,940.00.

Boris De Vries also recently made the following trade(s):

• On Thursday, March 13th, Boris De Vries sold 500 shares of Franco-Nevada stock. The stock was sold at an average price of C$217.08, for a total value of C$108,540.35.

Franco-Nevada Stock Up 0.1 %

TSE:FNV opened at C$220.97 on Thursday. The firm has a market capitalization of C$29.99 billion, a P/E ratio of -47.72, a P/E/G ratio of 5.00 and a beta of 0.68. The company has a fifty day moving average of C$198.81 and a 200 day moving average of C$180.84. Franco-Nevada Co. has a 52 week low of C$154.38 and a 52 week high of C$223.85.

Wall Street Analysts Forecast Growth

FNV has been the subject of a number of recent research reports. National Bankshares dropped their target price on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. TD Securities cut shares of 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. Finally, CIBC increased their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Franco-Nevada currently has an average 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.