Q4 Earnings Forecast for TFPM Issued By Stifel Canada

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Stifel Canada issued their Q4 2024 earnings estimates for Triple Flag Precious Metals in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico anticipates that the company will post earnings of $0.17 per share for the quarter. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.55 per share.

Triple Flag Precious Metals Trading Down 2.4 %

TFPM opened at $16.40 on Thursday. Triple Flag Precious Metals has a 1-year low of $11.75 and a 1-year high of $18.88. The company has a current ratio of 3.18, a quick ratio of 3.05 and a debt-to-equity ratio of 0.02. The company has a market cap of $3.30 billion, a P/E ratio of -63.08, a price-to-earnings-growth ratio of 0.69 and a beta of -0.08. The company has a fifty day moving average price of $15.84 and a two-hundred day moving average price of $16.20.

Triple Flag Precious Metals (NYSE:TFPM) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a negative net margin of 22.15% and a positive return on equity of 5.51%. The firm had revenue of $73.67 million during the quarter. During the same period last year, the firm posted $0.09 earnings per share.

Institutional Investors Weigh In On Triple Flag Precious Metals

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC grew its holdings in shares of Triple Flag Precious Metals by 8.4% during the fourth quarter. HighTower Advisors LLC now owns 31,432 shares of the company’s stock valued at $473,000 after buying an additional 2,447 shares during the last quarter. Amundi acquired a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at about $8,281,000. Raymond James Financial Inc. acquired a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at about $464,000. Versor Investments LP grew its holdings in shares of Triple Flag Precious Metals by 19.7% during the fourth quarter. Versor Investments LP now owns 18,204 shares of the company’s stock valued at $273,000 after buying an additional 3,000 shares during the last quarter. Finally, Meixler Investment Management Ltd. grew its holdings in shares of Triple Flag Precious Metals by 19.9% during the fourth quarter. Meixler Investment Management Ltd. now owns 28,612 shares of the company’s stock valued at $430,000 after buying an additional 4,750 shares during the last quarter. 82.91% of the stock is owned by institutional investors.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.