Currently, Triple Flag Precious Metals Corp [TFPM] is trading at $24.56, up 0.08%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TFPM shares have gain 1.99% over the last week, with a monthly amount glided 20.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Triple Flag Precious Metals Corp [NYSE: TFPM] stock has seen the most recent analyst activity on May 29, 2024, when RBC Capital Mkts downgraded its rating to a Sector Perform and also boosted its price target to $19 from $15. Previously, Jefferies started tracking the stock with Buy rating on February 29, 2024, and set its price target to $14. On June 09, 2023, upgrade upgraded it’s rating to Buy. Stifel started tracking the stock assigning a Buy rating. CIBC upgraded its rating to a Sector Outperform.
This stock has fluctuated between a low of $13.94 and a high of $25.45 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Triple Flag Precious Metals Corp [NYSE: TFPM] shares were valued at $24.56 at the most recent close of the market. An investor can expect a potential return of 5.86% based on the average TFPM price forecast.
Analyzing the TFPM fundamentals
Trailing Twelve Months sales for Triple Flag Precious Metals Corp [NYSE:TFPM] were 293.71M which represents 42.97% growth. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.27 points at the first support level, and at 23.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.84, and for the 2nd resistance point, it is at 25.12.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Triple Flag Precious Metals Corp [NYSE:TFPM] is 2.32. Also, the Quick Ratio is 2.11, while the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 16.79, the price to book ratio is 2.80 and price to earnings (TTM) ratio is 1031.93.
