Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Stock analysts at National Bank Financial raised their FY2024 earnings per share estimates for shares of Triple Flag Precious Metals in a research report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.57 per share for the year, up from their prior estimate of $0.56. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $0.55 per share. National Bank Financial also issued estimates for Triple Flag Precious Metals' Q4 2024 earnings at $0.18 EPS.
Triple Flag Precious Metals Price Performance
Shares of NYSE:TFPM traded down $0.27 on Wednesday, reaching $17.16. 224,215 shares of the company traded hands, compared to its average volume of 197,462. The company's 50 day moving average is $15.89 and its 200-day moving average is $16.26. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.18 and a quick ratio of 3.05. Triple Flag Precious Metals has a fifty-two week low of $11.75 and a fifty-two week high of $18.88. The stock has a market capitalization of $3.45 billion, a PE ratio of -66.00, a P/E/G ratio of 0.74 and a beta of -0.08.
Institutional Trading of Triple Flag Precious Metals
Several large investors have recently added to or reduced their stakes in the company. Parvin Asset Management LLC acquired a new stake in Triple Flag Precious Metals during the 4th quarter valued at $570,000. Dimensional Fund Advisors LP raised its stake in Triple Flag Precious Metals by 5.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 421,461 shares of the company's stock valued at $6,339,000 after purchasing an additional 21,012 shares during the period. Marshall Wace LLP acquired a new stake in Triple Flag Precious Metals during the 4th quarter valued at $430,000. XTX Topco Ltd raised its stake in Triple Flag Precious Metals by 9.1% during the 4th quarter. XTX Topco Ltd now owns 14,852 shares of the company's stock valued at $223,000 after purchasing an additional 1,238 shares during the period. Finally, Barclays PLC increased its stake in shares of Triple Flag Precious Metals by 65.4% in the fourth quarter. Barclays PLC now owns 235,658 shares of the company's stock worth $3,544,000 after acquiring an additional 93,214 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.
Triple Flag Precious Metals Company Profile
(
Get Free Report)
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.
See Also
Before you consider Triple Flag Precious Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Triple Flag Precious Metals wasn't on the list.
While Triple Flag Precious Metals currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
