Franco-nevada Stock News

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(PR-inside.com) VANCOUVER, BC / ACCESSWIRE / December 24, 2021 / Skeena Resources Limited (TSX:SKE)(NYSE:SKE) ("Skeena" or the "Company") is pleased to announce that, on December 23, 2021, it closed the structured non-brokered private placement offering (the "Offering") announced on December 13, 2021 with Franco-Nevada Corporation ("Franco-Nevada"). Skeena collected gross proceeds of C$30.9 million from the sale of 1,471,739 flow through common shares at a price of C$21.00 per share. Franco-Nevada was the end purchaser of the common shares issued in connection with the Offering. The gross proceeds of the Offering will be used to incur Canadian exploration expenses. All the securities issued ..

Sigma Planning Corp cut its stake in shares of Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) by 32.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,963 shares of the basic materials companys stock after selling 2,391 shares during the quarter. Sigma []

Equities research analysts predict that Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) will announce earnings per share of $0.84 for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Franco-Nevadas earnings. The highest EPS estimate is $0.86 and the lowest is $0.82. Franco-Nevada reported earnings of $0.85 per share during the same quarter []

Analysts predict that Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) will announce $315.91 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Franco-Nevadas earnings, with the lowest sales estimate coming in at $313.00 million and the highest estimate coming in at $318.82 million. Franco-Nevada reported sales of $304.50 million []

Franco-Nevada (NYSE:FNV) (TSE:FNV) had its target price reduced by investment analysts at KeyCorp from $156.00 to $150.00 in a research note issued on Monday, Analyst Ratings Network reports. The brokerage currently has an overweight rating on the basic materials companys stock. KeyCorps target price indicates a potential upside of 13.23% from the companys current price. []

Research analysts at HC Wainwright assumed coverage on shares of Franco-Nevada (NYSE:FNV) (TSE:FNV) in a research note issued to investors on Monday, Analyst Ratings Network reports. The firm set a buy rating and a $167.00 price target on the basic materials companys stock. HC Wainwrights price objective would suggest a potential upside of 26.07% from []

Bank of America Corp DE raised its position in shares of Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) by 109.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,297,737 shares of the basic materials companys stock after purchasing an additional 679,579 shares []

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) has been given a consensus recommendation of Buy by the thirteen analysts that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among analysts that have issued []

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Senior Officer Paul Brink sold 6,677 shares of Franco-Nevada stock in a transaction on Monday, December 13th. The stock was sold at an average price of C$170.19, for a total transaction of C$1,136,363.97. Following the sale, the insider now directly owns 215,390 shares in the company, valued at approximately C$36,657,396.41. Shares []

Franco-Nevada Corporation found using ticker (FNV) have now 7 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 164 and 107 calculating the average target price we see 149.54. Now with the previous closing price of 132.58 this would imply there is a potential upside of 12.8%. The day 50 moving average is 139.49 and the 200 moving average now moves to 141.06. The company has a market cap of $25,292m. Find out more information at: https://www.franco-nevada.com [stock_market_widget type="chart" symbol="FNV" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Latin America, Canada, Australia, Europe, and Africa, and internationally. It operates through two segment, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids.

Hexavest Inc. lowered its holdings in shares of Franco-Nevada Co. (NYSE:FNV) (TSE:FNV) by 9.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 73,595 shares of the basic materials company’s stock after selling 7,870 shares during the period. Hexavest Inc.’s holdings in Franco-Nevada were worth $9,560,000 at the end of the most recent quarter. […]