Franco-Nevada Corporation (FNV) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 0.72.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 0 as “sell.”

The public float for FNV is 191.09M, and currently, short sellers hold a 1.35% ratio of that floaft. The average trading volume of FNV on December 03, 2024 was 695.81K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

FNV) stock’s latest price update

Franco-Nevada Corporation (NYSE: FNV)’s stock price has increased by 1.14 compared to its previous closing price of 121.37. However, the company has seen a 1.81% increase in its stock price over the last five trading sessions. zacks.com reported 2024-11-20 that Investors interested in stocks from the Mining – Gold sector have probably already heard of Agnico Eagle Mines (AEM) and Franco-Nevada (FNV). But which of these two companies is the best option for those looking for undervalued stocks?

FNV’s Market Performance

Franco-Nevada Corporation (FNV) has seen a 1.81% rise in stock performance for the week, with a -6.80% decline in the past month and a 3.10% surge in the past quarter. The volatility ratio for the week is 1.82%, and the volatility levels for the past 30 days are at 2.25% for FNV. The simple moving average for the last 20 days is 0.99% for FNV stock, with a simple moving average of 0.77% for the last 200 days.

Analysts’ Opinion of FNV

UBS, on the other hand, stated in their research note that they expect to see FNV reach a price target of $160. The rating they have provided for FNV stocks is “Buy” according to the report published on November 18th, 2024.

BofA Securities gave a rating of “Neutral” to FNV, setting the target price at $139 in the report published on October 01st of the current year.

FNV Trading at -2.31% from the 50-Day Moving Average

After a stumble in the market that brought FNV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.79% of loss for the given period.

Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 1.82%, as shares sank -7.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.97% lower at present.

During the last 5 trading sessions, FNV rose by +1.82%, which changed the moving average for the period of 200-days by +12.54% in comparison to the 20-day moving average, which settled at $121.55. In addition, Franco-Nevada Corporation saw 10.78% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for FNV

Current profitability levels for the company are sitting at:

  • 0.63 for the present operating margin
  • 0.71 for the gross margin

The net margin for Franco-Nevada Corporation stands at -0.58. The total capital return value is set at 0.11. Equity return is now at value -9.50, with -9.12 for asset returns.

Currently, EBITDA for the company is -91.0 million with net debt to EBITDA at 6.59. When we switch over and look at the enterprise to sales, we see a ratio of 20.35. The receivables turnover for the company is 8.21for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 23.39.

Conclusion

In a nutshell, Franco-Nevada Corporation (FNV) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts