Franco-Nevada Co. (TSE:FNV - Get Free Report) NYSE: FNV's share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$171.96 and traded as high as C$186.44. Franco-Nevada shares last traded at C$185.75, with a volume of 186,651 shares trading hands.
Wall Street Analysts Forecast Growth
FNV has been the topic of several recent analyst reports. UBS Group raised Franco-Nevada to a "strong-buy" rating in a research note on Monday, November 18th. CIBC raised their price target on shares of Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. Canaccord Genuity Group dropped their price objective on shares of Franco-Nevada from C$198.00 to C$190.00 and set a "strong-buy" rating on the stock in a report on Monday, November 18th. Finally, Stifel Nicolaus raised their target price on Franco-Nevada from C$200.00 to C$215.00 in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of C$190.80.
Read Our Latest Analysis on FNV
Franco-Nevada Stock Up 1.3 %
The company has a debt-to-equity ratio of 1.63, a current ratio of 29.11 and a quick ratio of 23.26. The company has a market capitalization of C$36.20 billion, a P/E ratio of -44.90, a PEG ratio of 5.00 and a beta of 0.68. The company has a 50 day moving average of C$174.73 and a 200-day moving average of C$172.12.
Franco-Nevada (TSE:FNV - Get Free Report) NYSE: FNV last posted its earnings results on Wednesday, November 6th. The company reported C$1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.15 by C($0.06). Franco-Nevada had a negative return on equity of 9.32% and a negative net margin of 51.92%. During the same period in the prior year, the firm earned $1.22 earnings per share. As a group, equities analysts anticipate that Franco-Nevada Co. will post 3.1114111 EPS for the current year.
Franco-Nevada Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 5th were given a dividend of $0.487 per share. This represents a $1.95 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Thursday, December 5th. Franco-Nevada's dividend payout ratio (DPR) is presently -46.30%.
Franco-Nevada Company Profile
(
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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.
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