Nevada

Franco-Nevada (TSE:FNV) Given New C$173.00 Price Target at Veritas Investment Research

Published

2 years ago

April 14, 2024

Franco-Nevada (TSE:FNV – Get Free Report) (NYSE:FNV) had its price objective upped by investment analysts at Veritas Investment Research from C$149.00 to C$173.00 in a research report issued to clients and investors on Friday, BayStreet.CA reports. Veritas Investment Research’s price target points to a potential upside of 6.36% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Scotiabank cut their price target on Franco-Nevada from C$141.00 to C$139.00 and set a “sector perform” rating on the stock in a report on Thursday, March 7th. National Bankshares cut their price target on Franco-Nevada from C$172.50 to C$170.00 and set a “sector perform” rating on the stock in a report on Thursday, March 7th. Stifel Nicolaus cut their price target on Franco-Nevada from C$186.00 to C$182.00 in a report on Friday, January 26th. BMO Capital Markets dropped their target price on Franco-Nevada from C$200.00 to C$195.00 in a report on Wednesday, March 6th. Finally, Bank of America boosted their target price on Franco-Nevada from C$186.00 to C$190.00 in a report on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$184.00.

View Our Latest Research Report on Franco-Nevada

Franco-Nevada Stock Performance

Shares of FNV stock opened at C$162.65 on Friday. The business has a 50 day moving average of C$152.90 and a two-hundred day moving average of C$157.93. The company has a market cap of C$31.26 billion, a P/E ratio of -49.14, a PEG ratio of 5.00 and a beta of 0.59. The company has a quick ratio of 23.26, a current ratio of 41.21 and a debt-to-equity ratio of 1.63. Franco-Nevada has a 52 week low of C$139.19 and a 52 week high of C$217.70.

Franco-Nevada (TSE:FNV – Get Free Report) (NYSE:FNV) last released its quarterly earnings results on Tuesday, March 5th. The company reported C$1.23 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.07 by C$0.16. The company had revenue of C$412.95 million for the quarter. Franco-Nevada had a negative return on equity of 7.65% and a negative net margin of 38.33%. As a group, analysts anticipate that Franco-Nevada will post 4.2207264 EPS for the current year.

Insiders Place Their Bets

In other Franco-Nevada news, Director Paul Brink sold 2,315 shares of Franco-Nevada stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$157.33, for a total value of C$364,221.50. In other Franco-Nevada news, Director Paul Brink sold 2,315 shares of Franco-Nevada stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of C$157.33, for a total value of C$364,221.50. Also, Senior Officer Sandip Rana sold 10,749 shares of Franco-Nevada stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$160.29, for a total transaction of C$1,722,952.91. Over the last 90 days, insiders have sold 16,839 shares of company stock worth $2,686,396. 0.18% of the stock is owned by insiders.

About Franco-Nevada

(Get Free Report)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.

Analyst Recommendations for Franco-Nevada (TSE:FNV)

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Nevada

Northern Nevada backyards and gardens: Early blooms of spring – Carson Now

Published

6 hours ago

March 29, 2026

Press Room

Northern Nevada backyards and gardens: Early blooms of spring – Carson Now

I was disappointed this week watching the daffodils fade already. It seemed they only lasted a week. I had expected them to bloom longer. Fortunately, the ones in the shadier areas of the yard are just coming into bloom, so I should be able to enjoy them for another couple of weeks.

JoAnne Skelly

My grape hyacinths are blooming, and the regular hyacinths may bloom next week. After the vole infestation of a couple of years ago, I don’t have many hyacinths left. They didn’t eat them, but their tunneling destroyed the bulbs.

The crabapples have really come into color in the last couple of days. Unfortunately, high winds are expected, and the blossoms may get blown away. The red delicious apple doesn’t seem to have any blooms at all, while the old-fashioned apple has just a few. It may be that the flower buds were pruned off when I had the trees done. Other than missing their lovely display, I really don’t mind the lack of flowers. Less flowers means less fruit, which means less work picking apples. This may also mean fewer yellowjackets on rotting fruit on the ground.

Lovely to see are the purply-blue violets taking over the lawn. They grow so low that my husband can mow right over them without hurting them. All the violets in my yard reseeded from one or two volunteer plants of many years ago. Now there are hundreds. While some people want a pristine green velvet turf, I’m not one of them; not when I can enjoy violets. I even welcome dandelions because their color is so happy.

I spent the morning trimming back the dead leaves on the crocosmia. I wait until spring before doing this to remind me where the new shoots are so I don’t step on them. After I cleaned them up, I marked their location with flags. They are still too small to see above the sedum they are growing in. I also cut off the declining daffodils.

Then, I got out my watering can and the water-soluble blue fertilizer made famous on TV, which shall remain nameless, and gave all my flowers, including the daffs, a good feed. It is definitely time to fertilize the lawn too.

With the hotter weather, I have been irrigating every other day with both the high pressure in-ground system and the low pressure drip system. I read that rain and snow may be coming, but the probability of significant precipitation is minimal.

Hurrah for Spring!

— JoAnne Skelly is an Associate Professor and Extension Educator, Emerita, University of Nevada Cooperative Extension. She can be reached at skellyj@unr.edu.

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Nevada

Thousands without power in Henderson neighborhood after mylar balloon causes outage

Published

18 hours ago

March 29, 2026

Press Room

Thousands without power in Henderson neighborhood after mylar balloon causes outage

HENDERSON (FOX5) — More than 8,700 customers were without power in a Henderson neighborhood Saturday night.

The outage affected an area on Water Street near Lake Mead and Boulder Highway, impacting a shopping center.

NV Energy reported the outage at 8:02 p.m.

The utility company said the outage was caused by a mylar balloon.

Details around how the balloon caused the outage is still unknown.

FOX 5 has reached out to NV energy for more information.

You can keep track of when power should be restored by looking at NV Energy’s power outage map here

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Nevada

Indivisible Las Vegas to host No Kings rally, march at federal courthouse downtown

Published

1 day ago

March 28, 2026

Press Room

Indivisible Las Vegas to host No Kings rally, march at federal courthouse downtown

LAS VEGAS (KSNV) — A coalition of progressive groups is planning a series of rallies across Southern Nevada on Saturday, including a downtown Las Vegas event that organizers say will focus on unity and resistance.

Indivisible Las Vegas will host “No Kings Las Vegas” in partnership with 19 other local and state progressive groups.

Organizers say people all over the country and world will join up for a day of unity, resistance, and resolve against a corrupt, incompetent regime acting illegally and unconstitutionally.

No Kings Las Vegas is scheduled to begin at 4 p.m. downtown at the Federal Courthouse. Speakers and performers are expected to deliver messages about building community, equality, diversity, and empathy.

The event will include a march and is set to end at 7 p.m.

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Additional rallies are also planned Saturday in Henderson, North Las Vegas, Pahrump, and Mesquite.

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