Boris De Vries Sells 2,000 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Boris De Vries sold 2,000 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$221.47, for a total value 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 value of C$108,540.35.

Franco-Nevada Stock Performance

TSE FNV opened at C$220.69 on Wednesday. The stock has a 50-day simple moving average of C$198.05 and a two-hundred day simple moving average of C$180.47. The firm has a market capitalization of C$29.95 billion, a P/E ratio of -47.66, a PEG ratio of 5.00 and a beta of 0.68. Franco-Nevada Co. has a fifty-two week low of C$154.38 and a fifty-two week high of C$223.85.

Analyst Upgrades and Downgrades

FNV has been the subject of several analyst reports. TD Securities lowered Franco-Nevada from a “buy” rating to a “hold” rating and set a C$152.00 price objective for the company. in a report on Tuesday, March 11th. CIBC raised their target price on Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Finally, National Bankshares reduced their target price on Franco-Nevada from C$220.00 to C$215.00 in a research note on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average 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.