TFPM

Triple Flag Precious Metals Corp.

No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.

Days to cover (short int.)

3.3d↑+2.8%

as of 2026-09-15

News Summary

Neutral

Triple Flag reported Q2 2026 results essentially in-line with consensus ($129.1M vs. $129.2M est.) and marked its strongest first half ever, supported by record gold-equivalent ounces sold (28,674 GEOs) and a fifth consecutive dividend increase to US$0.06/share. However, multiple analyst price target cuts (Scotiabank $43→$39, BofA $39→$37) citing lower gold forecasts, combined with Elliott Management's publicized position reduction and stock trading below its 200-day MA, signal investor caution despite operational strength and improved credit facilities ($1B+ capacity, May 2030 maturity).

Red flags

•Multiple analyst price target reductions (Scotiabank, BofA) driven by commodity price forecast revisions
•Elliott Management sold its Triple Flag position in Q2 2026 (disclosed mid-August)
•Stock trading below 200-day simple moving average and in lower half of 52-week range
•Mixed analyst coverage: BMO and RBC issued Hold/Sector Perform ratings despite 'Buy' consensus overall

Fund 13D/13G Filings (2)

Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).

Fund	Form	∆ Shares	% of Class	Since Filing	Filed	Src
Elliott Investment	SC 13D/A	−7K	64.7%	+0.3% vs SPY +3.0% abs	2026-06-30	↗
Elliott Investment	SC 13D/A	—	64.5%	—	2026-03-31	↗