
Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) – Equities researchers at Scotiabank reduced their FY2026 earnings estimates for Triple Flag Precious Metals in a research report issued on Monday, November 2nd. Scotiabank analyst T. Jakusconek now expects that the company will earn $1.28 per share for the year, down from their previous estimate of $1.35. Scotiabank has a “Sector Perform” rating and a $39.00 price target on the stock. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $1.33 per share.
Other research analysts have also issued reports about the company. Zacks Research raised Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Wall Street Zen downgraded Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Bank of America lowered their price target on Triple Flag Precious Metals from $39.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Weiss Ratings upgraded Triple Flag Precious Metals from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 14th. Finally, Royal Bank Of Canada raised their price objective on Triple Flag Precious Metals from $40.00 to $41.00 and gave the stock a “sector perform” rating in a report on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Triple Flag Precious Metals presently has a consensus rating of “Moderate Buy” and an average price target of $39.25.
View Our Latest Stock Report on Triple Flag Precious Metals
Triple Flag Precious Metals Stock Up 2.0%
Shares of NYSE TFPM opened at $30.74 on Friday. The stock has a market capitalization of $6.32 billion, a PE ratio of 15.37, a P/E/G ratio of 3.21 and a beta of -0.09. The company has a quick ratio of 6.26, a current ratio of 3.89 and a debt-to-equity ratio of 0.08. The firm has a fifty day moving average of $31.44 and a 200-day moving average of $32.67. Triple Flag Precious Metals has a 52-week low of $26.61 and a 52-week high of $41.70.
Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The company had revenue of $106.70 million for the quarter, compared to the consensus estimate of $106.70 million. Triple Flag Precious Metals had a net margin of 82.56% and a return on equity of 13.56%.
Hedge Funds Weigh In On Triple Flag Precious Metals
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Echo45 Advisors LLC boosted its position in Triple Flag Precious Metals by 6.5% during the 3rd quarter. Echo45 Advisors LLC now owns 7,390 shares of the company’s stock worth $228,000 after purchasing an additional 448 shares during the period. Cetera Investment Advisers raised its position in Triple Flag Precious Metals by 9.2% in the first quarter. Cetera Investment Advisers now owns 7,784 shares of the company’s stock valued at $270,000 after purchasing an additional 655 shares during the period. EverSource Wealth Advisors LLC raised its position in Triple Flag Precious Metals by 60.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,947 shares of the company’s stock valued at $68,000 after purchasing an additional 730 shares during the period. Parvin Asset Management LLC lifted its stake in shares of Triple Flag Precious Metals by 2.0% during the first quarter. Parvin Asset Management LLC now owns 39,965 shares of the company’s stock worth $1,387,000 after purchasing an additional 800 shares in the last quarter. Finally, Evelyn Partners Asset Management Ltd lifted its stake in shares of Triple Flag Precious Metals by 33.3% during the first quarter. Evelyn Partners Asset Management Ltd now owns 4,000 shares of the company’s stock worth $139,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.
Triple Flag Precious Metals Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, November 30th. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently 12.00%.
About Triple Flag Precious Metals
Triple Flag Precious Metals Corp. is a precious metals streaming and royalty company headquartered in Toronto, Canada. The company provides upfront financing to mining companies in exchange for the right to purchase a portion of future production, typically at predetermined prices. Its agreements are primarily focused on gold and silver, along with other precious metals and related by-products.
Triple Flag does not generally operate mines directly. Instead, it builds a diversified portfolio of streams and royalties linked to producing, developing and exploration-stage assets.
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