Short Interest in Triple Flag Precious Metals Corp. (NYSE:TFPM) Decreases By 14.9%

Triple Flag Precious Metals Corp. (NYSE:TFPM - Get Free Report) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 979,200 shares, a drop of 14.9% from the February 28th total of 1,150,000 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 296,600 shares, the short-interest ratio is currently 3.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TFPM. Virtu Financial LLC grew its stake in Triple Flag Precious Metals by 6.0% in the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company's stock worth $244,000 after buying an additional 857 shares in the last quarter. Quadrature Capital Ltd grew its position in Triple Flag Precious Metals by 3.0% in the third quarter. Quadrature Capital Ltd now owns 34,800 shares of the company's stock worth $564,000 after acquiring an additional 1,000 shares in the last quarter. Principal Street Partners LLC raised its position in Triple Flag Precious Metals by 4.2% during the fourth quarter. Principal Street Partners LLC now owns 24,755 shares of the company's stock valued at $372,000 after purchasing an additional 1,001 shares in the last quarter. Mackenzie Financial Corp lifted its stake in Triple Flag Precious Metals by 3.5% during the fourth quarter. Mackenzie Financial Corp now owns 32,577 shares of the company's stock worth $489,000 after purchasing an additional 1,101 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Triple Flag Precious Metals by 175.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company's stock worth $29,000 after purchasing an additional 1,208 shares in the last quarter. 82.91% of the stock is currently owned by institutional investors.

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Triple Flag Precious Metals Trading Up 1.9 %

Shares of NYSE TFPM traded up $0.37 during mid-day trading on Thursday, hitting $19.81. The company had a trading volume of 468,495 shares, compared to its average volume of 268,489. The stock's 50-day moving average price is $17.57 and its 200-day moving average price is $16.81. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of -180.05, a P/E/G ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals has a 1 year low of $13.94 and a 1 year high of $19.90.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%. The business had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million. As a group, equities research analysts forecast that Triple Flag Precious Metals will post 0.71 earnings per share for the current year.

Triple Flag Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were given a dividend of $0.055 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.11%. Triple Flag Precious Metals's dividend payout ratio (DPR) is presently -200.00%.

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.