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 company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$221.47, for a total transaction 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 shares were sold at an average price of C$217.08, for a total transaction of C$108,540.35.

Franco-Nevada Price Performance

Shares of Franco-Nevada stock traded down C$0.62 during trading on Monday, hitting C$219.64. The stock had a trading volume of 42,126 shares, compared to its average volume of 271,292. The stock has a market cap of C$29.81 billion, a PE ratio of -47.43, a PEG ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a 12 month low of C$154.18 and a 12 month high of C$223.14. The firm’s fifty day simple moving average is C$196.24 and its 200-day simple moving average is C$179.67.

Analyst Ratings Changes

A number of research firms recently issued reports on FNV. National Bankshares decreased their price target on shares of Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. CIBC upped their price target on shares of Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Canaccord Genuity Group decreased their price target on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating on the stock in a research note on Monday, November 18th. UBS Group raised shares of Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. Finally, TD Securities lowered shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price for the company. in a report on Tuesday, March 11th. Two investment 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’s stock. According to MarketBeat, the company currently has an average 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.