National Bank Financial Predicts TFPM FY2024 Earnings

Triple Flag Precious Metals Corp. (NYSE:TFPM) – Equities researchers at National Bank Financial increased their FY2024 earnings estimates for Triple Flag Precious Metals in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects 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 Stock Down 0.3 %

Shares of Triple Flag Precious Metals stock opened at $16.83 on Wednesday. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average price of $15.85 and a 200 day moving average price 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 $3.39 billion, a P/E ratio of -64.71, a P/E/G ratio of 0.74 and a beta of -0.08.

Institutional Trading of Triple Flag Precious Metals

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its holdings in shares of Triple Flag Precious Metals by 175.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock valued at $29,000 after purchasing an additional 1,208 shares during the last quarter. Northwest & Ethical Investments L.P. bought a new position in Triple Flag Precious Metals during the 4th quarter worth $45,000. Point72 Asset Management L.P. bought a new position in Triple Flag Precious Metals during the 3rd quarter worth $111,000. Drive Wealth Management LLC acquired a new stake in Triple Flag Precious Metals in the fourth quarter worth $175,000. Finally, XTX Topco Ltd bought a new stake in Triple Flag Precious Metals in the third quarter valued at $220,000. Institutional investors own 82.91% of the company’s stock.

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.