Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.02, Zacks reports. Triple Flag Precious Metals had a positive return on equity of 6.62% and a negative net margin of 8.58%. The business had revenue of $74.21 million during the quarter, compared to analysts' expectations of $74.10 million.
Triple Flag Precious Metals Price Performance
Shares of TFPM traded up $0.29 during mid-day trading on Friday, hitting $16.80. 545,648 shares of the company traded hands, compared to its average volume of 251,310. The business has a 50-day moving average of $15.94 and a 200 day moving average of $16.33. Triple Flag Precious Metals has a one year low of $11.75 and a one year high of $18.88. 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 stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of -152.73, a PEG ratio of 0.81 and a beta of -0.08.
Triple Flag Precious Metals Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Monday, March 3rd. Triple Flag Precious Metals's dividend payout ratio is presently -200.00%.
About Triple Flag Precious Metals
(
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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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