Triple Flag Precious Metals Corp. (NYSE:TFPM) Stock Position Decreased by Ninety One UK Ltd

Ninety One UK Ltd lessened its holdings in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,231,263 shares of the company’s stock after selling 66,320 shares during the period. Ninety One UK Ltd owned 0.61% of Triple Flag Precious Metals worth $18,492,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Orion Portfolio Solutions LLC raised its holdings in shares of Triple Flag Precious Metals by 103.4% during the third 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 last quarter. Geode Capital Management LLC lifted its holdings in Triple Flag Precious Metals by 148.3% in the third quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after purchasing an additional 38,673 shares during the period. FMR LLC increased its stake in 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 buying an additional 333,574 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised 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 worth $25,838,000 after buying an additional 242,906 shares in the last quarter. Finally, Bank of Montreal Can raised 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 worth $6,042,000 after buying an additional 221,389 shares in the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Up 2.5 %

TFPM stock opened at $16.82 on Thursday. Triple Flag Precious Metals Corp. has a 52 week low of $11.75 and a 52 week high of $18.88. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of -64.68, a price-to-earnings-growth ratio of 0.69 and a beta of -0.08. The firm’s 50-day moving average is $15.84 and its two-hundred day moving average is $16.20. The company has a current ratio of 3.18, a quick ratio of 3.05 and a debt-to-equity ratio of 0.02.

Triple Flag Precious Metals (NYSE:TFPM) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Triple Flag Precious Metals had a negative net margin of 22.15% and a positive return on equity of 5.51%. The company had revenue of $73.67 million for the quarter. During the same quarter last year, the firm posted $0.09 earnings per share. On average, analysts forecast that Triple Flag Precious Metals Corp. will post 0.55 earnings per share for the current fiscal year.

Triple Flag Precious Metals 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.