Analysts Offer Predictions for TFPM FY2024 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities researchers at National Bank Financial lifted their FY2024 earnings per share (EPS) estimates for shares of Triple Flag Precious Metals in a report released on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.57 for the year, up from their previous estimate of $0.56. The consensus estimate for Triple Flag Precious Metals’ current full-year earnings is $0.55 per share. National Bank Financial also issued estimates for Triple Flag Precious Metals’ Q4 2024 earnings at $0.18 EPS.

Triple Flag Precious Metals Trading Up 2.8 %

Shares of TFPM opened at $17.30 on Wednesday. The business has a 50-day moving average of $15.86 and a 200 day moving average of $16.24. Triple Flag Precious Metals has a fifty-two week low of $11.75 and a fifty-two week high of $18.88. The firm has a market cap of $3.48 billion, a P/E ratio of -66.54, a price-to-earnings-growth ratio of 0.74 and a beta of -0.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC boosted its position in shares of Triple Flag Precious Metals by 103.4% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock valued at $759,000 after acquiring an additional 23,840 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Triple Flag Precious Metals by 148.3% during the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock valued at $1,235,000 after acquiring an additional 38,673 shares during the last quarter. FMR LLC boosted its position in shares of Triple Flag Precious Metals by 8.9% during the 3rd quarter. FMR LLC now owns 4,061,121 shares of the company’s stock valued at $65,761,000 after acquiring an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Triple Flag Precious Metals by 18.0% during 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 acquiring an additional 242,906 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Triple Flag Precious Metals by 151.1% during the 3rd quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock valued at $6,042,000 after acquiring an additional 221,389 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

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.