Triple Flag Precious Metals Corp. (NYSE:TFPM - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $19.50 and last traded at $19.15, with a volume of 245 shares. The stock had previously closed at $19.25.
Triple Flag Precious Metals Stock Performance
The stock's 50-day simple moving average is $17.06 and its 200 day simple moving average is $16.65. The company has a market capitalization of $3.88 billion, a PE ratio of -175.60, a P/E/G ratio of 0.78 and a beta of -0.08.
Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. On average, analysts expect that Triple Flag Precious Metals Corp. will post 0.71 earnings per share for the current year.
Triple Flag Precious Metals Announces Dividend
The firm also recently announced 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. This represents a $0.22 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals's dividend payout ratio (DPR) is presently -200.00%.
Hedge Funds Weigh In On Triple Flag Precious Metals
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its position in shares of Triple Flag Precious Metals by 175.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company's stock worth $29,000 after buying an additional 1,208 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in Triple Flag Precious Metals during the 4th quarter worth $45,000. Point72 Asset Management L.P. purchased a new stake in Triple Flag Precious Metals in the third quarter valued at $111,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Triple Flag Precious Metals in the fourth quarter valued at $134,000. Finally, Drive Wealth Management LLC acquired a new position in Triple Flag Precious Metals in the fourth quarter valued at $175,000. 82.91% of the stock is owned by institutional investors and hedge funds.
About Triple Flag Precious Metals
(
Get 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.
Read More
Before you consider Triple Flag Precious Metals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Triple Flag Precious Metals wasn't on the list.
While Triple Flag Precious Metals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
