Triple Flag Precious Metals (TFPM – Research Report) has received a rating update from a Wall Street analyst yesterday. RBC Capital’s analyst Josh Wolfson reiterates their Buy rating on the shares, with a $16.00 price target.
According to TipRanks.com, Wolfson is a 4-star analyst with an average return of 3.7% and a 56.2% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Osisko Gold Royalties, and Anglogold Ashanti.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Triple Flag Precious Metals with a C$26.33 average price target.
Triple Flag Precious Metals Corp is a gold-focused royalty and streaming company. Its assets portfolio includes Northparkes, Fosterville, Cerro Lindo, and Pumpkin Hollow among others.
The company’s shares closed last Tuesday at C$19.09.
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