Franco-Nevada Co. (TSE:FNV) Director Sells C$108,540.35 in Stock

Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV Director Boris De Vries sold 500 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of C$217.08, for a total transaction of C$108,540.35.

Boris De Vries also recently made the following trade(s):

• On Monday, March 17th, Boris De Vries sold 2,000 shares of Franco-Nevada stock. The stock was sold at an average price of C$221.47, for a total value of C$442,940.00.

Franco-Nevada Price Performance

FNV stock traded up C$0.04 during trading on Monday, hitting C$220.30. 322,147 shares of the company traded hands, compared to its average volume of 276,331. Franco-Nevada Co. has a 1 year low of C$154.18 and a 1 year high of C$223.14. The stock's 50-day simple moving average is C$196.24 and its 200 day simple moving average is C$179.67. The company has a market cap of C$29.89 billion, a PE ratio of -47.58, a P/E/G ratio of 5.00 and a beta of 0.68.

Analyst Upgrades and Downgrades

FNV has been the subject of several research reports. National Bankshares lowered their price objective on shares of Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. TD Securities downgraded Franco-Nevada from a "buy" rating to a "hold" rating and set a C$152.00 price target on the stock. in a research note on Tuesday, March 11th. UBS Group raised Franco-Nevada to a "strong-buy" rating in a report on Monday, November 18th. Canaccord Genuity Group decreased their target price on Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating for the company in a report on Monday, November 18th. Finally, CIBC increased their price target on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Franco-Nevada presently has an average rating of "Buy" and a consensus price target 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.