Still betting on Nvidia? Our AI picked this stock instead; it’s up 96%+ THIS MONTH
In a remarkable display of market confidence, Triple Flag Precious Metals Corp. (TFPM) stock has reached an all-time high, touching a price level of $22.96. According to InvestingPro data, the company boasts impressive gross profit margins of 87% and has demonstrated strong revenue growth of 39% over the last twelve months. This milestone underscores a period of significant growth for the company, with the stock delivering an impressive year-to-date return of 46.54%. Investors have shown increasing enthusiasm for TFPM, as the company continues to capitalize on favorable conditions in the precious metals market, propelling the stock to unprecedented heights. The all-time high represents not just a peak for the past 52 weeks, but the highest price point the stock has achieved since its inception, signaling strong investor optimism for the company’s future prospects. Based on InvestingPro’s Fair Value analysis, the stock appears slightly overvalued at current levels, though 12 additional exclusive ProTips and comprehensive analysis are available for subscribers.
In other recent news, Triple Flag Precious Metals Corp reported its first-quarter 2025 earnings, which exceeded Wall Street expectations. The company achieved an earnings per share (EPS) of $0.20, surpassing the forecasted $0.17, while revenue reached $82.25 million, well above the anticipated $67.97 million. These results were driven by strong sales of nearly 29,000 gold equivalent ounces and record EBITDA of $71 million. Triple Flag maintained its annual dividend at $0.21 and executed a share buyback, reflecting its robust financial position. The company also announced its proposed acquisition of Origin Royalties, which includes a 1% NSR royalty on the expanded Silicon Gold project in Nevada. This strategic move is expected to enhance Triple Flag’s portfolio, with the project operated by AngloGold Ashanti. Despite these positive developments, the stock experienced a decline in after-hours trading. The company remains focused on dividend growth and share buybacks, leveraging its strong cash flow and debt-free status.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.