Insider Selling: Franco-Nevada Co. (TSE:FNV) Director Sells C$1,219,335.40 in Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Paul Brink sold 5,448 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$223.81, for a total transaction of C$1,219,335.40.

Franco-Nevada Price Performance

Shares of TSE FNV opened at C$222.56 on Friday. The business has a 50-day moving average of C$204.55 and a 200-day moving average of C$183.63. The stock has a market capitalization of C$30.20 billion, a price-to-earnings ratio of -48.06, a PEG ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a fifty-two week low of C$156.31 and a fifty-two week high of C$227.84.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on FNV shares. TD Securities downgraded 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 report on Tuesday, March 11th. National Bankshares dropped their price target on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Finally, CIBC boosted their price target on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$194.10.

About Franco-Nevada

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.