Lena Miller Sells 1,700 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Lena Miller sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of C$210.37, for a total value of C$357,620.50.

Franco-Nevada Trading Up 2.3 %

Shares of TSE:FNV traded up C$4.96 during mid-day trading on Thursday, reaching C$216.66. The company had a trading volume of 410,640 shares, compared to its average volume of 275,461. The firm has a market cap of C$29.40 billion, a price-to-earnings ratio of -46.79, a PEG ratio of 5.00 and a beta of 0.68. The company’s 50-day moving average price is C$195.37 and its 200-day moving average price is C$179.27. Franco-Nevada Co. has a one year low of C$153.62 and a one year high of C$219.99.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. CIBC lifted their price target on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price target for the company. in a research note on Tuesday. UBS Group upgraded Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. Canaccord Genuity Group cut their price target on Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a research note on Monday, November 18th. Finally, National Bankshares cut their price target on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday. Two analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$194.10.

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.