De Lisle Partners LLP Boosts Stock Holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM)

De Lisle Partners LLP raised its position in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 48.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,020 shares of the company's stock after buying an additional 39,020 shares during the period. De Lisle Partners LLP owned about 0.06% of Triple Flag Precious Metals worth $1,925,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Versor Investments LP bought a new position in shares of Triple Flag Precious Metals during the second quarter valued at approximately $160,000. 1832 Asset Management L.P. purchased a new position in Triple Flag Precious Metals during the 2nd quarter valued at $165,000. CIBC Asset Management Inc bought a new position in Triple Flag Precious Metals in the 2nd quarter worth $179,000. Magnetar Financial LLC purchased a new stake in shares of Triple Flag Precious Metals in the 2nd quarter worth about $228,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Triple Flag Precious Metals during the 3rd quarter valued at about $278,000. Institutional investors own 82.91% of the company's stock.

Triple Flag Precious Metals Price Performance

NYSE:TFPM remained flat at $16.58 during mid-day trading on Thursday. 94,244 shares of the company traded hands, compared to its average volume of 228,587. The stock has a market cap of $3.34 billion, a P/E ratio of -63.77, a PEG ratio of 1.07 and a beta of -0.16. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18. Triple Flag Precious Metals Corp. has a 1-year low of $11.75 and a 1-year high of $18.88. The company has a 50 day moving average price of $16.86 and a two-hundred day moving average price of $16.28.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $73.67 million for the quarter. During the same period in the prior year, the firm earned $0.09 earnings per share. On average, equities analysts forecast that Triple Flag Precious Metals Corp. will post 0.56 EPS for the current fiscal year.

Triple Flag Precious Metals Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.055 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.33%. Triple Flag Precious Metals's dividend payout ratio is currently -84.62%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TFPM. Jefferies Financial Group increased their price target on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, October 4th. Scotiabank raised their target price on Triple Flag Precious Metals from $20.00 to $21.00 and gave the company a "sector outperform" rating in a research note on Monday, August 19th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $20.50.

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.