Triple Flag Precious Metals Corp. (NYSE:TFPM) is one of the Best Up and Coming Canadian Stocks to Buy. Triple Flag Precious Metals Corp. (NYSE:TFPM) has gained more than 23% since its fiscal Q3 2025 results, announced on November 4. Wall Street maintains a positive outlook on the stock.
On November 24, Lawson Winder from Bank of America Securities reiterated a Buy rating on the stock and raised the price target from C$51.7 to C$53.09. Earlier on November 6, Ingrid Rico from Stifel Nicolaus also reiterated a Buy rating on the stock with a price target of C$58.
During the quarter, Triple Flag Precious Metals Corp. (NYSE:TFPM) grew its quarterly revenue by 26.86% year-over-year to $93.46 million, but fell short of the expectations by $210,670. However, the EPS of $0.24 topped the consensus by $0.02. Management was able to grow its revenue despite a slight decrease in production from 29,773 GEOs to 27,037 GEOs. This was driven by increased gold prices during the quarter.
In addition, management also reiterated its 2025 production guidance of 105,000 to 115,000 ounces. The 2029 production outlook of 135,000 to 145,000 GEOs also remains unchanged.
Triple Flag Precious Metals Corp. (NYSE:TFPM) operates as a precious metals streaming and royalty company, providing upfront financing to miners in exchange for a percentage of future gold, silver, and other metal production.
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Disclosure: None. This article is originally published at Insider Monkey.