3,006 Shares in Triple Flag Precious Metals Corp. (NYSE:TFPM) Acquired by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. acquired a new stake in Triple Flag Precious Metals Corp. (NYSE:TFPM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,006 shares of the company’s stock, valued at approximately $45,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer & Co. Inc. purchased a new position in shares of Triple Flag Precious Metals during the 3rd quarter valued at $278,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Triple Flag Precious Metals during the third quarter valued at about $811,000. Montrusco Bolton Investments Inc. boosted its position in Triple Flag Precious Metals by 9.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 697,000 shares of the company’s stock worth $11,299,000 after purchasing an additional 57,751 shares during the period. Bank of Montreal Can increased its stake in shares of Triple Flag Precious Metals by 151.1% in the third quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock worth $6,042,000 after purchasing an additional 221,389 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Triple Flag Precious Metals by 31.2% in the third quarter. The Manufacturers Life Insurance Company now owns 153,803 shares of the company’s stock worth $2,490,000 after purchasing an additional 36,548 shares in the last quarter. 82.91% of the stock is owned by institutional investors.

Triple Flag Precious Metals Trading Down 0.6 %

Shares of TFPM stock opened at $19.14 on Friday. The firm’s 50 day moving average is $16.98 and its 200 day moving average is $16.62. The stock has a market capitalization of $3.85 billion, a P/E ratio of -174.00, a PEG ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals Corp. has a 12 month low of $13.63 and a 12 month high of $19.48.

Triple Flag Precious Metals (NYSE:TFPM) last posted its earnings results on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.02. The firm had revenue of $74.21 million for the quarter, compared to the consensus estimate 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, equities analysts predict that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s payout ratio is presently -200.00%.

Triple Flag Precious Metals Company Profile

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.