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

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 2,000 shares of the business’s stock in a transaction on Monday, March 17th. The shares were 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 shares were sold at an average price of C$217.08, for a total transaction of C$108,540.35.

Franco-Nevada Stock Performance

Shares of TSE:FNV opened at C$220.97 on Thursday. Franco-Nevada Co. has a 52-week low of C$154.38 and a 52-week high of C$223.85. The stock has a market capitalization of C$29.99 billion, a price-to-earnings ratio of -47.72, a PEG ratio of 5.00 and a beta of 0.68. The stock’s 50-day simple moving average is C$198.81 and its two-hundred day simple moving average is C$180.84.

Analyst Upgrades and Downgrades

FNV has been the topic of several recent analyst reports. TD Securities downgraded Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 target price on the stock. in a research note on Tuesday, March 11th. CIBC increased their price objective on Franco-Nevada from C$235.00 to C$245.00 in a research report on Monday, December 2nd. Finally, National Bankshares decreased their target price on Franco-Nevada from C$220.00 to C$215.00 in a research report on Tuesday, March 11th. Two investment 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 company’s stock. According to MarketBeat, Franco-Nevada has a consensus rating of “Buy” and an average target price 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.