Shares of Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$212.72 and traded as high as C$218.44. Franco-Nevada shares last traded at C$217.89, with a volume of 331,858 shares.
Wall Street Analysts Forecast Growth
FNV has been the subject of a number of recent research reports. BMO Capital Markets boosted their price target on shares of Franco-Nevada from C$260.00 to C$261.00 in a research note on Wednesday, May 28th. Bank of America cut their target price on Franco-Nevada from C$272.00 to C$266.00 in a research note on Wednesday, May 28th. Stifel Nicolaus boosted their target price on Franco-Nevada from C$220.00 to C$265.00 in a research report on Monday, April 21st. Canaccord Genuity Group upped their price target on Franco-Nevada from C$262.00 to C$267.00 in a research note on Tuesday, June 10th. Finally, CIBC lifted their price objective on shares of Franco-Nevada from C$260.00 to C$280.00 in a research note on Thursday, April 17th.
Read Our Latest Report on FNV
Franco-Nevada Stock Performance
The stock's fifty day moving average price is C$228.55 and its two-hundred day moving average price is C$212.72. The company has a market cap of C$29.49 billion, a P/E ratio of -46.93, a P/E/G ratio of 5.00 and a beta of 0.68.
Insider Activity at Franco-Nevada
In other news, Director Paul Brink sold 14,251 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of C$232.91, for a total transaction of C$3,319,153.38. Also, Director Boris De Vries sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of C$241.96, for a total value of C$362,932.65. Corporate insiders own 0.69% of the company's stock.
Franco-Nevada Company Profile
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Get Free Report)
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration.
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