The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Triple Flag Precious Metals Corp (NYSE: TFPM) closed at $32.3 in the last session, up 2.54% from day before closing price of $31.5. In other words, the price has increased by $2.54 from its previous closing price. On the day, 0.57 million shares were traded. TFPM stock price reached its highest trading level at $32.6397 during the session, while it also had its lowest trading level at $31.667.
Ratios:
We take a closer look at TFPM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 65.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.15. For the most recent quarter (mrq), Quick Ratio is recorded 4.15 and its Current Ratio is at 4.22. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On May 29, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also upped its target price recommendation from $15 to $19.
On February 29, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $14.Jefferies initiated its Buy rating on February 29, 2024, with a $14 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TFPM now has a Market Capitalization of 6672901632 and an Enterprise Value of 6585132032. As of this moment, Triple’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.81, and their Forward P/E ratio for the next fiscal year is 31.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.57 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 20.311 whereas that against EBITDA is 26.332.
Stock Price History:
The Beta on a monthly basis for TFPM is -0.18, which has changed by 0.87611675 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, TFPM has reached a high of $31.95, while it has fallen to a 52-week low of $14.51. The 50-Day Moving Average of the stock is 15.38%, while the 200-Day Moving Average is calculated to be 46.24%.
Shares Statistics:
According to the various share statistics, TFPM traded on average about 607.88K shares per day over the past 3-months and 746150 shares per day over the past 10 days. A total of 200.86M shares are outstanding, with a floating share count of 199.28M. Insiders hold about 3.50% of the company’s shares, while institutions hold 85.66% stake in the company. Shares short for TFPM as of 1759190400 were 1498401 with a Short Ratio of 2.46, compared to 1756425600 on 1315852.
