Insider Selling: Franco-Nevada Co. (TSE:FNV) Director Sells 14,251 Shares of Stock

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV Director Paul Brink sold 14,251 shares of Franco-Nevada stock in a transaction on Monday, June 23rd. The shares were sold at an average price of C$232.91, for a total value of C$3,319,153.38.

Franco-Nevada Trading Down 2.1%

Shares of TSE FNV traded down C$4.80 during midday trading on Friday, reaching C$220.01. The company had a trading volume of 186,615 shares, compared to its average volume of 310,302. The stock has a market cap of C$29.86 billion, a P/E ratio of -47.51, a P/E/G ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a 1 year low of C$156.31 and a 1 year high of C$245.55. The business's 50-day simple moving average is C$231.13 and its 200 day simple moving average is C$209.22.

Analyst Ratings Changes

A number of research firms have recently weighed in on FNV. BMO Capital Markets lifted their price objective on Franco-Nevada from C$260.00 to C$261.00 in a research report on Wednesday, May 28th. Stifel Nicolaus raised their target price on shares of Franco-Nevada from C$220.00 to C$265.00 in a research note on Monday, April 21st. Canaccord Genuity Group upped their price target on shares of Franco-Nevada from C$262.00 to C$267.00 in a research report on Tuesday, June 10th. Bank of America reduced their price objective on shares of Franco-Nevada from C$272.00 to C$266.00 in a research note on Wednesday, May 28th. Finally, CIBC lifted their target price on shares of Franco-Nevada from C$260.00 to C$280.00 in a research note on Thursday, April 17th.

Franco-Nevada Company Profile

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.