Triple Flag Precious Metals (TFPM) to Release Earnings on Tuesday

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The business had revenue of $63.58 million for the quarter. Triple Flag Precious Metals had a negative net margin of 40.62% and a positive return on equity of 4.73%. On average, analysts expect Triple Flag Precious Metals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Triple Flag Precious Metals Stock Up 0.5 %

TFPM traded up $0.08 during trading on Tuesday, reaching $17.82. 227,122 shares of the stock traded hands, compared to its average volume of 207,184. The stock's 50-day simple moving average is $16.66 and its two-hundred day simple moving average is $16.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.80 and a quick ratio of 5.59. 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 cap of $3.59 billion, a price-to-earnings ratio of -40.50, a price-to-earnings-growth ratio of 1.23 and a beta of -0.14.

Triple Flag Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were issued a dividend of $0.055 per share. The ex-dividend date was Friday, August 30th. This represents a $0.22 annualized dividend and a dividend yield of 1.23%. Triple Flag Precious Metals's dividend payout ratio is -50.00%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TFPM shares. Jefferies Financial Group raised their price objective on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, October 4th. Scotiabank raised their price target on shares of Triple Flag Precious Metals from $20.00 to $21.00 and gave the company a "sector outperform" rating in a report on Monday, August 19th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $20.50.

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.