Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) - Analysts at Raymond James raised their Q4 2024 earnings estimates for Triple Flag Precious Metals in a research report issued on Wednesday, January 15th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.16 for the quarter, up from their previous estimate of $0.14. The consensus estimate for Triple Flag Precious Metals' current full-year earnings is $0.55 per share. Raymond James also issued estimates for Triple Flag Precious Metals' Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.68 EPS.
Separately, Jefferies Financial Group lifted their price target 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.
Get Our Latest Analysis on Triple Flag Precious Metals
Triple Flag Precious Metals Trading Up 0.1 %
TFPM stock traded up $0.01 during trading on Monday, reaching $15.76. 135,480 shares of the stock were exchanged, compared to its average volume of 316,484. 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 firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of -60.61, a P/E/G ratio of 0.66 and a beta of -0.09. The business has a 50 day moving average price of $15.95 and a 200-day moving average price of $16.19. Triple Flag Precious Metals has a 1 year low of $11.75 and a 1 year high of $18.88.
Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. The business had revenue of $73.67 million for the quarter. During the same quarter in the prior year, the firm earned $0.09 EPS.
Institutional Trading of Triple Flag Precious Metals
Institutional investors have recently added to or reduced their stakes in the stock. FMR LLC boosted 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 buying an additional 333,574 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Triple Flag Precious Metals by 18.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company's stock worth $25,838,000 after acquiring an additional 242,906 shares in the last quarter. Bank of Montreal Can boosted its holdings in Triple Flag Precious Metals by 151.1% during the 3rd quarter. Bank of Montreal Can now owns 367,936 shares of the company's stock valued at $6,042,000 after acquiring an additional 221,389 shares during the period. American Century Companies Inc. acquired a new position in Triple Flag Precious Metals in the 2nd quarter valued at about $2,389,000. Finally, Jane Street Group LLC grew its position in Triple Flag Precious Metals by 111.8% in the 3rd quarter. Jane Street Group LLC now owns 203,272 shares of the company's stock valued at $3,291,000 after acquiring an additional 107,312 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company's stock.
Triple Flag Precious Metals Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date was Friday, November 29th. Triple Flag Precious Metals's dividend payout ratio is presently -84.62%.
Triple Flag Precious Metals Company Profile
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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.
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