Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp lowered its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,070,394 shares of the company’s stock after selling 427,017 shares during the period. Van ECK Associates Corp owned approximately 1.53% of Triple Flag Precious Metals worth $46,179,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Point72 Asset Management L.P. purchased a new position in shares of Triple Flag Precious Metals in the third quarter valued at $111,000. Drive Wealth Management LLC purchased a new position in shares of Triple Flag Precious Metals in the fourth quarter valued at $175,000. XTX Topco Ltd purchased a new position in shares of Triple Flag Precious Metals in the third quarter valued at $220,000. Virtu Financial LLC boosted its stake in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after purchasing an additional 857 shares during the period. Finally, Versor Investments LP boosted its stake in shares of Triple Flag Precious Metals by 47.6% in the third quarter. Versor Investments LP now owns 15,204 shares of the company’s stock valued at $246,000 after purchasing an additional 4,904 shares during the period. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Price Performance

Shares of TFPM stock opened at $17.42 on Friday. The company has a market capitalization of $3.50 billion, a PE ratio of -66.98, a price-to-earnings-growth ratio of 0.74 and a beta of -0.08. The firm has a fifty day simple moving average of $15.87 and a 200-day simple moving average of $16.25. The company has a current ratio of 3.18, a quick ratio of 3.05 and a debt-to-equity ratio of 0.02. Triple Flag Precious Metals Corp. has a twelve month low of $11.75 and a twelve month high of $18.88.

Triple Flag Precious Metals Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.