Franco-Nevada Corporation (FNV) : During the past 4 weeks, traders have been relatively bearish on Franco-Nevada Corporation (FNV), hence the stock is down -5.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.94% relative to the S&P 500. The 4-week change in the price of the stock is -5.72% and the stock has fallen -2.78% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.34% and the 50-Day Moving Average is 6.18%.The 200 Day SMA reached 8.46%
Franco-Nevada Corporation (NYSE:FNV): The stock opened in the green at $71.94 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $72.56 and a low of $69.7 for the day. The stock did not find buyers even at the lows and closed at $69.87 recording a loss of -1.30%. 594,573 shares exchanged hands during the trading day. The stock had closed at $69.87 in the previous days trading.
Franco-Nevada Corporation (FNV) : The highest level Franco-Nevada Corporation (FNV) is projected to reach is $91 for the short term and the lowest estimate is at $59. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $77.55 and the possibility the share price can swing is $9.
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.