Goehring & Rozencwajg Associates LLC Has $1.54 Million Position in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Goehring & Rozencwajg Associates LLC lessened its holdings in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 7.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 99,656 shares of the company’s stock after selling 8,015 shares during the period. Goehring & Rozencwajg Associates LLC’s holdings in Triple Flag Precious Metals were worth $1,536,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TFPM. FMR LLC lifted its holdings in shares of Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company’s stock worth $65,761,000 after buying an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Triple Flag Precious Metals by 18.0% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock worth $25,838,000 after acquiring an additional 242,906 shares during the period. Bank of Montreal Can raised its stake in 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 valued at $6,042,000 after purchasing an additional 221,389 shares during the last quarter. Jane Street Group LLC boosted its holdings in Triple Flag Precious Metals by 111.8% in the 3rd quarter. Jane Street Group LLC now owns 203,272 shares of the company’s stock valued at $3,291,000 after purchasing an additional 107,312 shares during the period. Finally, Van ECK Associates Corp grew its position in Triple Flag Precious Metals by 2.1% in the 3rd quarter. Van ECK Associates Corp now owns 3,497,411 shares of the company’s stock worth $56,588,000 after purchasing an additional 71,894 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Performance

Shares of TFPM opened at $16.40 on Friday. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The company has a 50-day simple moving average of $15.84 and a 200-day simple moving average of $16.20. Triple Flag Precious Metals Corp. has a 52 week low of $11.75 and a 52 week high of $18.88.

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

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.