Can Franco Nevada Corp’s Tomorrow be Different? The Stock Declines Again

 Can Franco Nevada Corp's Tomorrow be Different? The Stock Declines Again

The stock of Franco Nevada Corp (TSE:FNV) is a huge mover today! About 14,961 shares traded hands. Franco Nevada Corp (TSE:FNV) has declined 12.17% since April 20, 2016 and is downtrending. It has underperformed by 17.58% the S&P500.
The move comes after 7 months negative chart setup for the $13.39B company. It was reported on Nov, 24 by We have $70.21 PT which if reached, will make TSE:FNV worth $1.07B less.

Franco Nevada Corp (TSE:FNV) Ratings Coverage

Out of 6 analysts covering Franco-Nevada Corp (TSE:FNV), 4 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 67% are positive. Franco-Nevada Corp has been the topic of 15 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Canaccord Genuity given on Thursday, November 12. Scotia Capital maintained the stock with “Sector Perform” rating in Tuesday, November 8 report. The firm has “Outperform” rating by National Bank Canada given on Thursday, October 15. The firm has “Hold” rating given on Thursday, August 11 by TD Securities. On Wednesday, November 9 the stock rating was maintained by TD Securities with “Hold”. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, November 8 report.

More recent Franco Nevada Corp (TSE:FNV) news were published by: which released: “Why Franco-Nevada Corporation’s Stock Jumped 32.5% in February” on March 14, 2016. Also published the news titled: “Franco-Nevada Shares Jump as Dilution Forgiven in Gold Euphoria” on February 10, 2016.‘s news article titled: “Franco Nevada Corp Could Be the Top Gold Stock for 2016…and Beyond” with publication date: May 27, 2016 was also an interesting one.

Franco-Nevada Corporation is a gold-focused royalty and stream company. The company has a market cap of $13.39 billion. The Company’s additional interests are in platinum group metals and other resource assets. It has a 109.41 P/E ratio. The Firm operates in the segment of resource sector royalty/stream acquisitions and management activities.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment