Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) – Raymond James issued their FY2025 earnings per share estimates for shares of Triple Flag Precious Metals in a research note issued to investors on Monday, April 8th. Raymond James analyst B. Macarthur expects that the company will post earnings of $0.42 per share for the year. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.40 per share.
Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) last issued its earnings results on Wednesday, February 21st. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The business had revenue of $51.74 million during the quarter. Triple Flag Precious Metals had a net margin of 17.78% and a return on equity of 3.64%.
Several other equities research analysts also recently issued reports on TFPM. Jefferies Financial Group initiated coverage on Triple Flag Precious Metals in a report on Thursday, February 29th. They set a “buy” rating and a $14.00 price target for the company. Bank of America upped their price target on shares of Triple Flag Precious Metals from $16.25 to $16.50 and gave the company a “buy” rating in a research note on Monday, March 18th. Finally, TheStreet upgraded shares of Triple Flag Precious Metals from a “d+” rating to a “c-” rating in a research report on Wednesday, December 27th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $21.67.
Read Our Latest Research Report on Triple Flag Precious Metals
Triple Flag Precious Metals Stock Performance
Shares of NYSE TFPM opened at $15.63 on Wednesday. The company has a current ratio of 3.29, a quick ratio of 3.21 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $3.14 billion and a P/E ratio of 82.27. Triple Flag Precious Metals has a 12 month low of $11.75 and a 12 month high of $17.33. The stock has a 50 day moving average of $13.34 and a 200-day moving average of $13.11.
Triple Flag Precious Metals Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were given a dividend of $0.052 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.21 dividend on an annualized basis and a dividend yield of 1.33%. Triple Flag Precious Metals’s payout ratio is presently 110.53%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new stake in Triple Flag Precious Metals during the third quarter worth approximately $33,000. JPMorgan Chase & Co. bought a new position in shares of Triple Flag Precious Metals in the fourth quarter worth $48,000. Deutsche Bank AG acquired a new position in Triple Flag Precious Metals in the first quarter valued at about $63,000. US Bancorp DE lifted its position in Triple Flag Precious Metals by 1,146.4% during the fourth quarter. US Bancorp DE now owns 5,397 shares of the company’s stock worth $72,000 after purchasing an additional 4,964 shares during the period. Finally, Royal Bank of Canada acquired a new stake in Triple Flag Precious Metals during the third quarter worth about $69,000. 82.91% of the stock is owned by institutional investors.
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.
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