U S Global Investors Inc. Sells 18,645 Shares of Triple Flag Precious Metals Corp. (NYSE:TFPM)

U S Global Investors Inc. lessened its position in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,239 shares of the company's stock after selling 18,645 shares during the period. U S Global Investors Inc. owned about 0.11% of Triple Flag Precious Metals worth $3,403,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in Triple Flag Precious Metals in the 3rd quarter valued at approximately $111,000. Drive Wealth Management LLC bought a new stake in Triple Flag Precious Metals during the 4th quarter worth about $175,000. XTX Topco Ltd acquired a new position in shares of Triple Flag Precious Metals during the 3rd quarter worth about $220,000. Virtu Financial LLC increased its position in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company's stock valued at $244,000 after acquiring an additional 857 shares during the last quarter. Finally, Versor Investments LP raised its holdings in Triple Flag Precious Metals by 47.6% during the third quarter. Versor Investments LP now owns 15,204 shares of the company's stock worth $246,000 after acquiring an additional 4,904 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company's stock.

Triple Flag Precious Metals Price Performance

TFPM stock traded up $0.26 during mid-day trading on Tuesday, reaching $17.02. The company had a trading volume of 250,274 shares, compared to its average volume of 258,725. Triple Flag Precious Metals Corp. has a 52 week low of $12.90 and a 52 week high of $18.88. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of -154.74, a PEG ratio of 0.78 and a beta of -0.08. The stock has a 50 day simple moving average of $16.10 and a two-hundred day simple moving average of $16.42.

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Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The firm had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million. On average, equities analysts predict that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.29%. Triple Flag Precious Metals's dividend payout ratio (DPR) is currently -200.00%.

About Triple Flag Precious Metals

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.