Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV's stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$207.02 and traded as high as C$234.57. Franco-Nevada shares last traded at C$230.58, with a volume of 256,486 shares traded.
Wall Street Analyst Weigh In
Several brokerages have commented on FNV. TD Securities lowered Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target for the company. in a research note on Tuesday, March 11th. Stifel Nicolaus upped their price target on Franco-Nevada from C$220.00 to C$265.00 in a research note on Monday, April 21st. Canaccord Genuity Group increased their target price on Franco-Nevada from C$262.00 to C$267.00 in a research note on Tuesday, June 10th. National Bankshares lowered their target price on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Finally, BMO Capital Markets increased their target price on Franco-Nevada from C$260.00 to C$261.00 in a research note on Wednesday, May 28th.
View Our Latest Analysis on FNV
Franco-Nevada Stock Down 0.9%
The firm has a market cap of C$30.96 billion, a price-to-earnings ratio of -49.28, a price-to-earnings-growth ratio of 5.00 and a beta of 0.68. The business has a 50 day moving average price of C$231.97 and a 200-day moving average price of C$207.98.
Insider Activity
In other Franco-Nevada news, 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. Also, Director Boris De Vries sold 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of C$241.96, for a total value of C$362,932.65. Over the last quarter, insiders sold 7,679 shares of company stock worth $1,746,701. 0.69% of the stock is currently owned by corporate insiders.
Franco-Nevada Company Profile
(
Get Free Report)
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.
See Also
Before you consider Franco-Nevada, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franco-Nevada wasn't on the list.
While Franco-Nevada currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
