Insider Selling: Franco-Nevada Co. (TSE:FNV) Director Sells 2,000 Shares of Stock

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV Director Boris De Vries sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was 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 stock was sold at an average price of C$217.08, for a total value of C$108,540.35.

Franco-Nevada Stock Up 0.4 %

Shares of FNV stock traded up C$0.89 during trading hours on Friday, reaching C$223.53. 800,151 shares of the company's stock were exchanged, compared to its average volume of 286,493. Franco-Nevada Co. has a fifty-two week low of C$154.38 and a fifty-two week high of C$224.22. The stock has a market capitalization of C$30.33 billion, a P/E ratio of -48.27, a P/E/G ratio of 5.00 and a beta of 0.68. The business has a fifty day moving average price of C$199.61 and a 200-day moving average price of C$181.13.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FNV. CIBC upped their target price on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. TD Securities cut shares of Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a report on Tuesday, March 11th. Finally, National Bankshares dropped their target price on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Franco-Nevada has an average rating of "Buy" and a consensus target price of C$194.10.

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Franco-Nevada Company Profile

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.