Insider Selling: Franco Nevada Corp (TSE:FNV) Senior Officer Sells C$1,112,660.00 in Stock
Franco Nevada Corp (TSE:FNV) (NYSE:FNV) Senior Officer Sandip Rana sold 10,000 shares of Franco Nevada stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of C$111.27, for a total value of C$1,112,660.00. Following the sale, the insider now owns 34,750 shares of the company’s stock, valued at C$3,866,493.50.
FNV opened at C$111.49 on Wednesday. The stock has a 50 day moving average of C$102.98. Franco Nevada Corp has a twelve month low of C$76.53 and a twelve month high of C$114.36. The company has a current ratio of 4.14, a quick ratio of 3.38 and a debt-to-equity ratio of 3.38. The firm has a market cap of $20.71 billion and a price-to-earnings ratio of 148.85.
Franco Nevada (TSE:FNV) (NYSE:FNV) last posted its earnings results on Wednesday, May 8th. The company reported C$0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.37 by C$0.10. The company had revenue of C$239.06 million during the quarter, compared to analyst estimates of C$221.05 million. On average, research analysts expect that Franco Nevada Corp will post 1.509863 EPS for the current year.
About Franco Nevada
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Latin America, Australia, and Africa. It also holds interests in silver and platinum group metals; and oil, gas, and natural gas liquids. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
Recommended Story: How are dividend achievers different from dividend aristocrats?
Receive News & Ratings for Franco Nevada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco Nevada and related companies with MarketBeat.com's FREE daily email newsletter.