Triple Flag Precious Metals Corp. (NYSE:TFPM) Short Interest Up 32.1% in February

Triple Flag Precious Metals Corp. (NYSE:TFPM) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 1,150,000 shares, a growth of 32.1% from the February 13th total of 870,500 shares. Based on an average trading volume of 296,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of Triple Flag Precious Metals

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Virtu Financial LLC increased its position in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after buying an additional 857 shares in the last quarter. Quadrature Capital Ltd increased its position in shares of Triple Flag Precious Metals by 3.0% in the third quarter. Quadrature Capital Ltd now owns 34,800 shares of the company’s stock valued at $564,000 after buying an additional 1,000 shares in the last quarter. Principal Street Partners LLC increased its position in shares of Triple Flag Precious Metals by 4.2% in the fourth quarter. Principal Street Partners LLC now owns 24,755 shares of the company’s stock valued at $372,000 after buying an additional 1,001 shares in the last quarter. Mackenzie Financial Corp increased its position in shares of Triple Flag Precious Metals by 3.5% in the fourth quarter. Mackenzie Financial Corp now owns 32,577 shares of the company’s stock valued at $489,000 after buying an additional 1,101 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Triple Flag Precious Metals by 175.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock valued at $29,000 after buying an additional 1,208 shares in the last quarter. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Trading Up 1.2 %

Shares of NYSE:TFPM opened at $18.95 on Monday. Triple Flag Precious Metals has a 12-month low of $13.31 and a 12-month high of $19.05. The company has a market capitalization of $3.81 billion, a PE ratio of -172.23, a PEG ratio of 0.78 and a beta of -0.08. The business has a 50 day moving average of $16.60 and a two-hundred day moving average of $16.52.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The company had revenue of $74.21 million during the quarter, compared to the consensus estimate of $74.10 million. Equities research analysts predict that Triple Flag Precious Metals will post 0.71 earnings per share for the current fiscal year.

Triple Flag Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently -200.00%.

Triple Flag Precious Metals Company 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.