Triple Flag Precious Metals Corp. (NYSE:TFPM) Position Reduced by Van ECK Associates Corp

Van ECK Associates Corp trimmed its stake in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 12.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,070,394 shares of the company’s stock after selling 427,017 shares during the quarter. Van ECK Associates Corp’s holdings in Triple Flag Precious Metals were worth $46,179,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Drive Wealth Management LLC bought a new position in Triple Flag Precious Metals during the 4th quarter valued at $175,000. Perfromance Wealth Partners LLC lifted its position in shares of Triple Flag Precious Metals by 69.6% in the 4th quarter. Perfromance Wealth Partners LLC now owns 68,304 shares of the company’s stock worth $1,027,000 after buying an additional 28,026 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Triple Flag Precious Metals by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company’s stock worth $1,118,000 after buying an additional 13,790 shares during the last quarter. Tidal Investments LLC lifted its position in shares of Triple Flag Precious Metals by 1.8% in the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after buying an additional 9,184 shares during the last quarter. Finally, Virtu Financial LLC lifted its position in shares of Triple Flag Precious Metals by 6.0% in the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after buying an additional 857 shares during the last quarter. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Trading Up 0.7 %

Triple Flag Precious Metals stock opened at $17.42 on Friday. The firm’s 50-day moving average is $15.87 and its 200-day moving average is $16.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.05 and a current ratio of 3.18. Triple Flag Precious Metals Corp. has a 1 year low of $11.75 and a 1 year high of $18.88. The company has a market cap of $3.50 billion, a P/E ratio of -66.98, a PEG ratio of 0.74 and a beta of -0.08.

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.