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TFPM

Triple Flag Precious Metals Corp.

https://www.tripleflagpm.com

Industry

Other Precious Metals

Triple Flag Precious Metals Corp., a gold-focused streaming and royalty company, engages in acquiring and managing precious metals and other streams and royalties in Australia, Canada, Colombia, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure primarily to gold and silver. It has 78 assets, including 9 streams and 69 royalties. The company was founded in 2016 and is headquartered in Toronto, Canada. Triple Flag Precious Metals Corp. operates as a subsidiary of Triple Flag Mining Elliott and Management Co-Invest LP.

Open

19.03

Mkt cap

3.8B

Volume

398K

High

19.19

P/E Ratio

-172.00

52-wk high

19.23

Low

18.65

Div yield

0.01

52-wk low

13.31

Nevada Copper (OTC:NEVDF) has filed for Chapter 11 bankruptcy due to operational setbacks and financing challenges, despite high copper prices. Elliott Investment Management has committed to support the company with $60 million in debtor-in-possession financing. Pala Investments and Mercuria Energy Group, key backers, decided against providing additional funds. The company's CEO, Randy Buffington, has stepped down, and Tom Albanese has taken over as chairman.

Portfolio Pulse from Stjepan Kalinic

June 12, 2024 | 6:04 pm

RBC Capital analyst Josh Wolfson has downgraded Triple Flag Precious (NYSE:TFPM) from Outperform to Sector Perform while raising the price target from $15 to $19.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 11:27 am

B of A Securities has maintained its Buy rating on Triple Flag Precious (NYSE:TFPM) and raised the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 5:00 pm

Scotiabank analyst Tanya Jakusconek maintains a Sector Outperform rating on Triple Flag Precious (NYSE:TFPM) and raises the price target from $19 to $20.5.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:05 pm

Triple Flag Precious Metals (TFPM) reported Q1 2024 financial results with an adjusted EPS of $0.12, up from $0.08 YoY. Revenue increased to $57.5M from $50.3M YoY. The company also saw a significant rise in Gold Equivalent Ounces (GEOs) to 127,794 from 26,599 YoY, and a notable increase in adjusted EBITDA to $48.1M from $39.4M. The asset margin dramatically improved to 492% from 88%.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:50 pm

Elliott Management has acquired a $1 billion stake in Anglo American (OTCQX:NGLOY), pressuring the company after its rejection of a $39 billion takeover bid from BHP Group (NYSE:BHP). This move by Elliott, known for advocating strategic changes in its investments, comes as copper prices soar, potentially increasing Anglo American's value. Elliott's history includes pressuring BHP in 2017 and involvement with Kinross Gold (NYSE:KGC) and Triple Flag Precious Metals (NYSE:TFPM), indicating a strategic interest in the mining sector.

Portfolio Pulse from Stjepan Kalinic

April 26, 2024 | 7:56 pm

B of A Securities analyst Lawson Winder maintains a Buy rating on Triple Flag Precious (NYSE:TFPM) and raises the price target from $16.25 to $16.5.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 11:31 am

Jefferies analyst Chris LaFemina initiates coverage on Triple Flag Precious (TFPM) with a Buy rating and a price target of $14.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:27 am

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Triple Flag Precious Metals Corp. reported Q3 2023 earnings per share (EPS) of $0.09, unchanged YoY. Revenue increased to $49.4M from $33.8M YoY. The company reported a net loss of $6.0M, compared to net earnings of $12.8M in Q3 2022. Adjusted net earnings were $17.3M, up from $13.3M YoY. Adjusted EBITDA was $38.8M, up from $26.1M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 12:19 am

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