Bank of Nova Scotia Adds $5M in Franco-Nevada Corporation ($FNV)
Key Points
- Bank of Nova Scotia changed its Franco-Nevada Corporation ($FNV) stake by 5.1% last quarter, boosting to 485,345 shares worth $100.91 million.
- Wall Street's consensus rating on $FNV is Buy and an average price target of $297.33.
- $FNV last traded around $207.91.
Bank of Nova Scotia increased its position in Franco-Nevada Corporation ($FNV) by 5.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 485,345 shares of Franco-Nevada Corporation after buying 23,587 shares during the quarter. Bank of Nova Scotia's holdings in Franco-Nevada Corporation were worth $100.91 million as of its most recent filing.
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About Franco-Nevada Corporation
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. The company operates through Precious Metals, Other Mining and Energy segments. It also 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. Franco-Nevada Corporation was founded in 1986 and is headquartered in Toronto, Canada.
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