RBC Capital Remains a Hold on Triple Flag Precious Metals (TFPM)

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on Triple Flag Precious Metals, with a price target of $44.00.

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Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Franco-Nevada. According to TipRanks, Wolfson has an average return of 24.7% and a 68.68% success rate on recommended stocks.

Triple Flag Precious Metals has an analyst consensus of Moderate Buy, with a price target consensus of $45.73.

Based on Triple Flag Precious Metals’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$120.74 million and a net profit of C$78.01 million. In comparison, last year the company earned a revenue of C$74.21 million and had a net profit of C$41.28 million

Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TFPM in relation to earlier this year.