Franco-Nevada Corporation (NYSE:FNV): According to 9 Analysts, The short term target price has been estimated at $ 65.28.The target price could deviate by a maximum of $10.46 from the forecast price. In the near term, the target price could hit a high of $81 and a low of $ 49.
Many analysts have stated their opinion on the company shares. BMO Capital downgrades its rating on Franco-Nevada Corporation (NYSE:FNV). Analysts at the BMO Capital have a current rating of Market Perform on the shares. The shares were previously rated Outperform. The rating by the firm was issued on May 12, 2016. Company shares have received an average consensus rating of Hold for the current week
Franco-Nevada Corporation (NYSE:FNV) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.58 points or 0.82% at $70.37 with 911,814 shares getting traded. Post opening the session at $72.2, the shares hit an intraday low of $69.49 and an intraday high of $72.58 and the price was in this range throughout the day. The company has a market cap of $12,509 million and the number of outstanding shares have been calculated to be 177,760,470 shares. The 52-week high of Franco-Nevada Corporation (NYSE:FNV) is $72.58 and the 52-week low is $38.2.
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Companys additional interests are in platinum group metals and other resource assets. The Companys business model provides investors with gold price and exploration optionality. The Company has a diversified portfolio of royalties and streams by commodity, geography, revenue type and stage of project. Its assets include Gold (United States), Gold (Canada), Gold (Australia), Gold (Rest of World), Platinum Group Metals, Other Minerals and Oil and Gas. The Companys projects under each of this location include Goldstrike complex, Gold Quarry, Marigold, Pinson, Sterling, Sandman, Robinson, Sudbury basin, Golden Highway, Musselwhite, Hemlo, Hardrock, Duketon, Henty, Red October, Edna May, Wiluna, Palmarejo, Sabodla, Subika, Edikan, Cerro Moro, Ity, Gurupi, Volcan, Stillwater Complex, Pandora, Peculiar Knob, Mt Keith, King Vol, Flying Fox, Weyburn unit, Midale unit, Edson property and among others.