Q4 Earnings Forecast for TFPM Issued By Stifel Canada

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities research analysts at Stifel Canada issued their Q4 2024 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a note issued to investors on Tuesday, February 4th. Stifel Canada analyst I. Rico anticipates that the company will post earnings per share of $0.17 for the quarter. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.55 per share.

Triple Flag Precious Metals (NYSE:TFPM) last announced its earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The business had revenue of $73.67 million during the quarter. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. During the same period in the prior year, the business earned $0.09 earnings per share.

Triple Flag Precious Metals Price Performance

Shares of NYSE:TFPM opened at $16.82 on Thursday. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. Triple Flag Precious Metals has a 12-month low of $11.75 and a 12-month high of $18.88. The business has a fifty day simple moving average of $15.84 and a 200 day simple moving average of $16.20.

Institutional Trading of Triple Flag Precious Metals

A number of large investors have recently bought and sold shares of the business. Orion Portfolio Solutions LLC grew its stake in shares of Triple Flag Precious Metals by 103.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock valued at $759,000 after buying an additional 23,840 shares during the period. Geode Capital Management LLC increased its position in Triple Flag Precious Metals by 148.3% in the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock valued at $1,235,000 after buying an additional 38,673 shares in the last quarter. FMR LLC increased its position in Triple Flag Precious Metals by 8.9% in the 3rd quarter. FMR LLC now owns 4,061,121 shares of the company’s stock valued at $65,761,000 after buying an additional 333,574 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Triple Flag Precious Metals by 18.0% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock valued at $25,838,000 after buying an additional 242,906 shares in the last quarter. Finally, Bank of Montreal Can increased its position in Triple Flag Precious Metals by 151.1% in the 3rd quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock valued at $6,042,000 after buying an additional 221,389 shares in the last quarter. 82.91% of the stock is currently owned by institutional investors and hedge funds.

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.