Van ECK Associates Corp trimmed its stake in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,070,394 shares of the company's stock after selling 427,017 shares during the quarter. Van ECK Associates Corp owned approximately 1.53% of Triple Flag Precious Metals worth $46,179,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. FMR LLC increased its position in Triple Flag Precious Metals by 8.9% in 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 last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Triple Flag Precious Metals by 18.0% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company's stock valued at $25,838,000 after buying an additional 242,906 shares during the period. Bank of Montreal Can boosted its holdings in shares of 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 purchasing an additional 221,389 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of 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 worth $3,291,000 after purchasing an additional 107,312 shares during the period. Finally, Walleye Capital LLC bought a new stake in shares of Triple Flag Precious Metals during the third quarter worth $1,128,000. Institutional investors and hedge funds own 82.91% of the company's stock.
Triple Flag Precious Metals Stock Down 1.5 %
NYSE:TFPM traded down $0.27 during trading hours on Monday, reaching $17.16. The company's stock had a trading volume of 224,215 shares, compared to its average volume of 197,462. Triple Flag Precious Metals Corp. has a 12 month low of $11.75 and a 12 month high of $18.88. The stock has a 50 day moving average price of $15.90 and a two-hundred day moving average price of $16.29. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18. The company has a market capitalization of $3.45 billion, a P/E ratio of -66.00, a price-to-earnings-growth ratio of 0.74 and a beta of -0.08.
About Triple Flag Precious Metals
(
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.
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