TORONTO (AP) — TORONTO (AP) — Triple Flag Precious Metals Corp. (TFPM) on Wednesday reported fourth-quarter profit of $41.3 million.
The Toronto-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring gains, came to 18 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The precious metals streaming and royalty company posted revenue of $74.2 million in the period.
For the year, the company reported a loss of $23.1 million, or 11 cents per share. Revenue was reported as $269 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TFPM at https://www.zacks.com/ap/TFPM
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