Triple Flag Precious Metals Corp reported strong revenue growth and initial deliveries from its Ravenswood project.
Triple Flag Precious Metals Corp has announced solid revenue figures for Q3 2026, along with the first deliveries from its Ravenswood project. The company's stock closed at C$44.49, reflecting a daily increase of 1.37%. Over the past week, the stock has risen by 0.67%, although it has declined by 6.53% over the past month and 2.61% year-to-date.
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Triple Flag Precious Metals Corp
TFPM.TO
TFPM.TO
Triple Flag Precious Metals Corp
WealthAwesomeMarket cap
$8.85B
P/E
15.6x
Div. yield
0.53%
Div. / share
$0.23
52W high
$57.06
52W low
$37.21
1W change
+0.67%
Beta
0.31
Analyst Price Targets
Based on analyst covering TFPM · as of Oct 9, 2026
Wall Street analysts forecast TFPM stock price to rise 38.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$60.39
+38.7% Upside
Previously C$60.38 on Oct 8, 2026
Current Price
C$43.55
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TFPM's historical volatility
30-Day Vol
32.6%
Annualized
90-Day Vol
41.5%
Annualized
Trend (90d)
+44.7%
Annualized drift
90d Mean
C$51.09
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$45.93 | C$41.04 – C$51.40 |
| 60 trading days | C$48.44 | C$41.31 – C$56.80 |
| 90 trading days | C$51.09 | C$42.04 – C$62.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: The company's latest performance highlights its growth trajectory and operational advancements.
C$44.49 Closing Price with a 1.37% Daily Increase
The stock closed at C$44.49, showing a modest daily increase, though trading volume was lower than its 20-day average.
Bull case
With a profit margin of 84.3% and a positive revenue outlook, Triple Flag may attract interest from investors.
Bear case
Despite the good news, the recent decline in stock price over the past month might raise concerns for some investors.
Strong Revenue Growth Reported
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Triple Flag Precious Metals Corp has revealed that it achieved strong revenue figures for Q3 2026. The company reported a profit margin of 84.3%, showcasing effective cost management and operational efficiency. With a P/E ratio of 15.62, the company is positioned attractively compared to industry peers. The announcement of the first deliveries from its Ravenswood project indicates a strategic move to enhance production capabilities, further solidifying its position in the precious metals market.
Stock Performance and Trading Volume Insights
The stock closed at C$44.49, marking a daily increase of 1.37%. However, the trading volume was 13,851 shares, significantly lower than the 20-day average of 168,111 shares, indicating less trading activity despite the positive news. The stock's current price is below both the 50-day moving average of C$45.01 and the 200-day moving average of C$45.96, suggesting potential resistance levels. The stock has traded within a 52-week range of C$37.21 to C$57.06, currently sitting at about 37% of that range.
Future Developments to Watch
Investors will be keen to see how the revenue growth and initial deliveries from Ravenswood impact Triple Flag's future performance and stock price. The average analyst target for the stock is C$60.39, implying a potential upside of 35.7% from the current price. Additionally, the market's reaction to the company's ongoing capital deployment strategies will be crucial, especially in light of recent reports regarding its valuation and growth potential. Keeping track of these developments will be essential for investors.
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