Stock Analysis
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- TSX:TFPM
Triple Flag Precious Metals Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Triple Flag Precious Metals (TSE:TFPM) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$63.6m (up 21% from 2Q 2023).
- Net loss: US$111.4m (down from US$16.0m profit in 2Q 2023).
- US$0.55 loss per share (down from US$0.079 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Triple Flag Precious Metals Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Triple Flag Precious Metals, and understanding it should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Triple Flag Precious Metals might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TSX:TFPM
Triple Flag Precious Metals
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.