Franco-Nevada Corporation (NYSE:FNV) is included among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term.
On November 5, TD Securities lowered its price target for Franco-Nevada Corporation (NYSE:FNV) to $225 from $247 while maintaining a Hold rating on the stock, following a “solid” Q3 report, according to a report by The Fly. The firm attributed the target reduction to a shift in investor sentiment and higher market volatility after a recent gold price pullback.
In the third quarter of 2025, Franco-Nevada Corporation (NYSE:FNV) reported record revenue of $487.7 million, representing 77% growth compared with the same period last year and exceeding analysts’ estimates by $27 million. The company’s acquisition of six significant new gold interests over the past 18 months has positioned it for long-term growth and increased its exposure to gold, with 85% of revenue coming from precious metals during the quarter.
Operating cash flow reached $348.0 million, up 63% from the prior year. Franco-Nevada Corporation (NYSE:FNV) has increased its dividend every year since its IPO in 2008, marking 18 consecutive years of growth in 2025. The company also maintains a debt-free balance sheet, a rarity in the mining sector, providing additional financial flexibility to invest in new royalty and streaming agreements.
Franco-Nevada Corporation (NYSE:FNV) is a Canada-based streaming and royalty company focused on gold. It holds a diversified portfolio with agreements linked to gold, silver, the platinum group metals (PGMs), iron ore, and oil and gas.
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