Franco-Nevada Corporation (NYSE:FNV) is among the 13 Best Canadian Dividend Stocks. TD Securities lowered FNV’s price target to $225 from $247, maintaining a Hold rating after a solid Q3 report amid investor sentiment shifts and gold price volatility.

In Q3 2025, FNV reported record revenue of $487.7 million, a 77% increase year-over-year, exceeding analysts’ estimates by $27 million. The company’s recent acquisitions have positioned it for long-term growth, with 85% of revenue coming from precious metals during the quarter.

Operating cash flow reached $348.0 million, up 63% from the prior year. FNV has increased its dividend annually since its IPO in 2008, marking 18 consecutive years of growth. The company also maintains a debt-free balance sheet, providing financial flexibility for new agreements.

FNV is a Canada-based streaming and royalty company focused on gold, with a diversified portfolio including gold, silver, PGMs, iron ore, and oil and gas agreements. While FNV shows promise as an investment, certain AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: TD Securities Lowers Franco-Nevada (FNV) Price Target to $225, Maintains Hold Rating