Boris De Vries Sells 2,000 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was 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 Trading Up 0.2 %

Shares of TSE FNV opened at C$220.69 on Wednesday. The stock has a market capitalization of C$29.95 billion, a PE ratio of -47.66, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The stock’s fifty day simple moving average is C$198.05 and its two-hundred day simple moving average is C$180.47. Franco-Nevada Co. has a 12-month low of C$154.38 and a 12-month high of C$223.85.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price for the company. in a research report on Tuesday, March 11th. 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. Finally, CIBC increased their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Franco-Nevada currently has a consensus rating of “Buy” and an average 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.