Large Outflow of Money Witnessed in Franco-Nevada Corporation

Franco-Nevada Corporation (FNV) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.23 million) and the uptick to downtick ratio was 0.35. The transaction value on upticks was $0.65 million and on downticks, the transaction value was $1.87 million. The transaction value of block trades during downticks was $0.1 million. The money flow was negative ($0.1 million), indicating the traders were booking profit on the price strength. Franco-Nevada Corporation (FNV) rose $0.02 at $75.19, during intraday Monday , a rise of 0.03% over the previous days close.


Franco-Nevada Corporation is up 11.86% in the last 3-month period. Year-to-Date the stock performance stands at 66.19%. Franco-Nevada Corporation has dropped 3.6% in the last five trading days, however, the shares have posted positive gains of 7.07% in the last 4 weeks.

Franco-Nevada Corporation (NYSE:FNV): stock turned positive on Monday. Though the stock opened at $74.98, the bulls momentum made the stock top out at $76.09 level for the day. The stock recorded a low of $74.59 and closed the trading day at $76.03, in the green by 1.14%. The total traded volume for the day was 366,445. The stock had closed at $75.17 in the previous days trading.

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.

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