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Triple Flag Precious Metals Corp. (TFPM) shares surged to a record high today, with an intraday gain of 1.68%. The stock has been on a remarkable run, rising 0.75% today and marking its fifth consecutive day of gains, with a total increase of 17.78% over the past five days.
Scotiabank recently adjusted its price target for
, increasing it from $21 to $23 while keeping a Sector Perform rating. This adjustment reflects a positive outlook on the company's future performance and potential for growth.In its latest earnings report, Triple Flag Precious Metals delivered impressive results, reporting earnings per share (EPS) of $0.18 for the quarter. This figure surpassed analysts' consensus estimates of $0.16 by $0.02, demonstrating strong financial performance and exceeding market expectations.
These developments indicate a positive shift in financial expectations and performance for Triple Flag Precious Metals, which could continue to drive its stock price higher in the coming days.
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