Amundi Invests $8.28 Million in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Amundi bought a new position in Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 538,425 shares of the company's stock, valued at approximately $8,281,000. Amundi owned 0.27% of Triple Flag Precious Metals at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Point72 Asset Management L.P. acquired a new position in Triple Flag Precious Metals during the 3rd quarter worth $111,000. Drive Wealth Management LLC bought a new stake in shares of Triple Flag Precious Metals during the 4th quarter worth about $175,000. XTX Topco Ltd acquired a new stake in shares of Triple Flag Precious Metals in the 3rd quarter worth approximately $220,000. Virtu Financial LLC boosted its holdings in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company's stock valued at $244,000 after acquiring an additional 857 shares in the last quarter. Finally, Versor Investments LP increased its stake in shares of Triple Flag Precious Metals by 47.6% during the third quarter. Versor Investments LP now owns 15,204 shares of the company's stock valued at $246,000 after acquiring an additional 4,904 shares during the period. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Stock Up 0.4 %

TFPM traded up $0.08 during trading on Wednesday, reaching $19.27. The stock had a trading volume of 168,582 shares, compared to its average volume of 271,518. The stock has a 50 day moving average of $16.75 and a two-hundred day moving average of $16.56. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of -175.19, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals Corp. has a 1-year low of $13.38 and a 1-year high of $19.48.

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Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. The business had revenue of $74.21 million during the quarter, compared to analyst estimates of $74.10 million. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. On average, research analysts forecast that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current fiscal year.

Triple Flag Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals's dividend payout ratio is presently -200.00%.

Triple Flag Precious Metals 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.