Triple Flag Precious Metals (NYSE:TFPM – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03, Zacks reports. Triple Flag Precious Metals had a net margin of 84.32% and a return on equity of 14.09%. The business had revenue of $106.70 million during the quarter, compared to analysts’ expectations of $106.70 million.
Triple Flag Precious Metals Price Performance
TFPM stock traded up $1.51 during midday trading on Wednesday, reaching $29.76. 242,592 shares of the stock were exchanged, compared to its average volume of 591,841. Triple Flag Precious Metals has a 52 week low of $26.61 and a 52 week high of $41.70. The company has a fifty day moving average price of $31.64 and a 200 day moving average price of $32.74. The stock has a market capitalization of $6.12 billion, a PE ratio of 14.90, a P/E/G ratio of 3.07 and a beta of -0.09.
Triple Flag Precious Metals Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a dividend of $0.06 per share. The ex-dividend date is Monday, November 30th. This represents a $0.24 dividend on an annualized basis and a yield of 0.8%. Triple Flag Precious Metals’s payout ratio is currently 12.06%.
Key Triple Flag Precious Metals News
Here are the key news stories impacting Triple Flag Precious Metals this week:
- Positive Sentiment: Operating cash flow per share rose 15% year over year to $0.45. Management said the company remains on track to achieve its goals, supporting the outlook for cash generation. Triple Flag Announces Strong Growth in Operating Cash Flow per Share in Q3 2026
- Positive Sentiment: Triple Flag declared a quarterly dividend of US$0.06 per share, payable December 15 to shareholders of record November 30. The annualized payout is US$0.24 per share. Triple Flag Declares Q4 2026 Dividend of US$0.06
- Positive Sentiment: Reported EPS was $0.26, above the cited $0.23 consensus estimate, providing a modest earnings beat. Triple Flag Precious Metals Reports In-Line Q3 EPS
- Neutral Sentiment: Revenue of $106.7 million matched analyst estimates. Some headlines characterized the quarter as in-line or a miss, contrasting with the EPS beat cited in other coverage. Q3 and nine-month earnings results
Wall Street Analysts Forecast Growth
TFPM has been the topic of several recent research reports. Scotiabank lowered their target price on shares of Triple Flag Precious Metals from $43.00 to $39.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. Zacks Research raised Triple Flag Precious Metals from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th. Wall Street Zen downgraded shares of Triple Flag Precious Metals from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Royal Bank Of Canada lifted their price target on shares of Triple Flag Precious Metals from $40.00 to $41.00 and gave the company a “sector perform” rating in a report on Wednesday, September 16th. Finally, Bank of America lowered their price objective on shares of 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. 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $39.25.
Get Our Latest Analysis on TFPM
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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