Franco Nevada Corp (TSE:FNV) (NYSE:FNV) Director Jeffery Jenkins sold 5,000 shares of Franco Nevada Corp stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of C$73.73, for a total transaction of C$368,650.00.

Shares of Franco Nevada Corp (TSE:FNV) traded down 0.44% during trading on Friday, hitting $95.11. 1,268,053 shares of the stock were exchanged. The firm has a market capitalization of $17.19 billion and a price-to-earnings ratio of 124.98. Franco Nevada Corp has a 52 week low of $71.44 and a 52 week high of $105.69. The stock’s 50 day moving average price is $96.64 and its 200 day moving average price is $87.62.

Insider Buying and Selling by Quarter for Franco Nevada Corp (TSE:FNV)

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A number of research analysts recently issued reports on the stock. TD Securities raised shares of Franco Nevada Corp from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$71.00 to C$83.00 in a research note on Monday, March 27th. Scotiabank lifted their price objective on shares of Franco Nevada Corp to C$99.00 and gave the company a “sector perform” rating in a research note on Thursday, May 11th. Clarkson Capital reissued a “neutral” rating on shares of Franco Nevada Corp in a research note on Wednesday, May 10th. Finally, CIBC decreased their price objective on shares of Franco Nevada Corp from C$105.00 to C$95.00 in a research note on Thursday, May 11th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$94.57.

About Franco Nevada Corp

Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.

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