Triple Flag Precious MetalsNYSE: TFPM

The mean of analysts' price targets for Triple Flag (TFPM) points to a 31.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Triple Flag (TFPM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The average of price targets set by Wall Street analysts indicates a potential upside of 32.6% in Triple Flag (TFPM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is pleased to confirm, further to its announcement on July 23, 2024, the appointment of Sheldon Vanderkooy as Chief Executive Officer and Director, succeeding Shaun Usmar who departs the business effective on September 26, 2024. Further to our announcement on August 7, 2024, the promotion of Eban Bari to Chief Financial Officer and James Dendle to Chief Opera.

Considering that I view the supply and demand fundamentals of the silver market as highly compelling, I am attracted by Triple Flag's large silver exposure. The stream on 65% of the silver production at Cerro Lindo is the cornerstone asset in Triple Flag's portfolio. Triple Flag is expected to produce between 135,000 and 145,000 GEOs in 2028, which would represent a growth of almost 30% compared to the midpoint of the 2024 production guidance.

Triple Flag Precious Metals Corp. (NYSE:TFPM ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Shaun Usmar - Chief Executive Officer Sheldon Vanderkooy - Chief Financial Officer James Dendle - SVP, Corporate Development Conference Call Participants Tanya Jakusconek - Scotiabank Operator Thank you for standing by. My name is Bailey and I will be your conference operator today.

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced its results for the second quarter of 2024 and declared a dividend of US$0.055 per common share to be paid on September 16, 2024. All amounts are expressed in US dollars, unless otherwise indicated. “Triple Flag is firmly on track to achieve sales guidance of 105,000 to 115,000 gold equivalent ounces (“GEOs”) for 2024, following record performance.

TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX:TFPM, NYSE:TFPM) is pleased to announce that its Board of Directors has approved the declaration of a cash dividend of US$0.055 per common share to be paid on September 16, 2024, to the shareholders of record at the close of business on August 30, 2024. Triple Flag's forward annualized dividend is now $0.22 per common share, an increase of approximately 5% versus the previous.

The consensus price target hints at a 37.8% upside potential for Triple Flag (TFPM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.