Meixler Investment Management Ltd. Increases Position in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Meixler Investment Management Ltd. lifted its holdings in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 19.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,612 shares of the company’s stock after acquiring an additional 4,750 shares during the quarter. Meixler Investment Management Ltd.’s holdings in Triple Flag Precious Metals were worth $430,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of TFPM. Point72 Asset Management L.P. purchased a new stake in shares of Triple Flag Precious Metals during the third quarter worth about $111,000. Drive Wealth Management LLC bought a new stake in Triple Flag Precious Metals in the fourth quarter valued at about $175,000. XTX Topco Ltd bought a new stake in Triple Flag Precious Metals in the third quarter valued at about $220,000. Virtu Financial LLC increased its holdings in 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 buying an additional 857 shares during the last quarter. Finally, Versor Investments LP increased its holdings in 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 buying an additional 4,904 shares during the last quarter. 82.91% of the stock is owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Stock Down 1.5 %

Shares of Triple Flag Precious Metals stock opened at $17.16 on Friday. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The firm has a market cap of $3.45 billion, a P/E ratio of -66.00, a P/E/G ratio of 0.74 and a beta of -0.08. Triple Flag Precious Metals Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $18.88. The business has a 50-day moving average price of $15.89 and a 200 day moving average price of $16.27.

Triple Flag Precious Metals Company 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.