Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its stake in Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 55.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 523,878 shares of the company's stock after purchasing an additional 186,278 shares during the period. Hillsdale Investment Management Inc. owned about 0.26% of Triple Flag Precious Metals worth $7,863,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC boosted its position in shares of Triple Flag Precious Metals by 103.4% during the third quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company's stock worth $759,000 after buying an additional 23,840 shares during the period. Geode Capital Management LLC increased its stake in Triple Flag Precious Metals by 148.3% during the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company's stock worth $1,235,000 after purchasing an additional 38,673 shares during the period. FMR LLC lifted its position in shares of Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company's stock worth $65,761,000 after purchasing an additional 333,574 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Triple Flag Precious Metals by 18.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company's stock valued at $25,838,000 after purchasing an additional 242,906 shares during the period. Finally, Bank of Montreal Can grew its holdings in shares of Triple Flag Precious Metals by 151.1% in the third quarter. Bank of Montreal Can now owns 367,936 shares of the company's stock valued at $6,042,000 after purchasing an additional 221,389 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company's stock.

Remove Ads

Triple Flag Precious Metals Trading Down 1.1 %

TFPM traded down $0.21 during trading hours on Wednesday, hitting $19.23. 143,067 shares of the company's stock were exchanged, compared to its average volume of 260,571. Triple Flag Precious Metals Corp. has a 12-month low of $13.91 and a 12-month high of $19.83. The firm has a market cap of $3.87 billion, a P/E ratio of -174.85, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. The firm has a 50 day moving average of $17.21 and a 200 day moving average of $16.69.

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 (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The business had revenue of $74.21 million for the quarter, compared to analysts' expectations of $74.10 million. As a group, research analysts expect that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current fiscal year.

Triple Flag Precious Metals Announces Dividend

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