Franco Nevada Corp (TSE:FNV) (NYSE:FNV) – Research analysts at National Bank Financial cut their Q4 2017 EPS estimates for Franco Nevada in a research note issued on Wednesday. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.35 per share for the quarter, down from their previous forecast of $0.37.
Franco Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings data on Monday, November 6th. The company reported C$0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.33 by C$0.04. The company had revenue of C$171.50 million for the quarter, compared to analysts’ expectations of C$210.03 million. Franco Nevada had a net margin of 34.99% and a return on equity of 5.21%.
Franco Nevada (FNV) opened at C$92.23 on Monday. The stock has a market cap of $17,100.00, a PE ratio of 94.11 and a beta of -0.53. Franco Nevada has a 1 year low of C$81.01 and a 1 year high of C$110.18.
In related news, Director David Harquail sold 5,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of C$99.33, for a total value of C$496,650.00. Also, Director Pierre Lassonde sold 20,000 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$97.96, for a total transaction of C$1,959,200.00. Insiders sold a total of 29,000 shares of company stock worth $2,843,090 in the last 90 days.
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Franco Nevada Company Profile
Franco-Nevada Corporation (Franco-Nevada) is a gold-focused royalty and stream company. The Company has interests in silver, platinum group metals, oil and gas and other resource assets. The Company is engaged in resource sector royalty/stream acquisitions and management activities. It has a portfolio of properties in the United States, Canada, Mexico, Peru, Chile and Africa.
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