Paul Brink Sells 5,448 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Paul Brink sold 5,448 shares of the stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$223.81, for a total transaction of C$1,219,335.40.

Franco-Nevada Stock Up 2.8 %

FNV stock traded up C$6.06 during midday trading on Thursday, hitting C$224.94. The company’s stock had a trading volume of 267,500 shares, compared to its average volume of 286,243. The stock has a market cap of C$30.52 billion, a price-to-earnings ratio of -48.58, a PEG ratio of 5.00 and a beta of 0.68. The stock’s 50-day moving average price is C$202.84 and its 200 day moving average price is C$182.70. Franco-Nevada Co. has a 1 year low of C$156.31 and a 1 year high of C$226.04.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. National Bankshares dropped their price objective on shares of Franco-Nevada from C$220.00 to C$215.00 in a report on Tuesday, March 11th. TD Securities downgraded shares of Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price on the stock. in a report on Tuesday, March 11th. Finally, CIBC lifted their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus 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.