ETF Movers on Thursday: PBW, SLVR
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
0mins
Should l Buy TFPM?
Source: NASDAQ.COM
ETF Performance: The Sprott Silver Miners & Physical Silver ETF is underperforming, down approximately 4.9% in Thursday afternoon trading.
Weakest Components: Notable declines among ETF components include New Pacific Metals, which fell by about 3.3%, and Triple Flag Precious Metals, down by about 1.2%.
Market Context: The article provides insights into the performance of specific ETFs and their components, reflecting broader market trends.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
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Analyst Views on TFPM
Wall Street analysts forecast TFPM stock price to rise
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 31.340
Low
31.00
Averages
37.63
High
47.55
Current: 31.340
Low
31.00
Averages
37.63
High
47.55
About TFPM
Triple Flag Precious Metals Corp. is a precious metal streaming and royalty company. It offers investors exposure to gold and silver from a total of 237 assets, consisting of 17 streams and 220 royalties, primarily from the Americas and Australia. These streams and royalties are tied to mining assets at various stages of the mine life cycle, including about 30 producing mines and 207 development and exploration stage projects. It has a diversified portfolio of properties in Australia, Canada, Colombia, Cote d’Ivoire, Mexico, Mongolia, Peru, South Africa and the United States. Its diversified portfolio of streams and royalties provides exposure to production from a suite of long-life mining assets, including the Northparkes copper-gold mine in Australia (Evolution Mining), the Cerro Lindo polymetallic mine in Peru (Nexa), the Fosterville gold mine in Australia (Agnico Eagle), the Buritica gold mine in Colombia (Zijin) and the Impala Bafokeng Operations in South Africa (Implats).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Beat: Triple Flag Precious Metals reported a Q1 non-GAAP EPS of $0.45, exceeding estimates by $0.03, indicating a robust profitability trend that underscores its strong positioning in the gold and silver markets.
- Significant Revenue Growth: The company achieved revenue of $146.99 million in Q1, representing a 78.7% year-over-year increase, aligning with market expectations and demonstrating effective strategies in resource extraction and sales.
- Guidance Maintained: Triple Flag maintains its sales guidance for 2026 at 95,000 to 105,000 GEOs and its 2030 outlook at 140,000 to 150,000 GEOs, reflecting confidence in future growth and a stable operational plan.
- Commodity Sales Breakdown: In Q1, GEOs sold included 18,249 ounces of gold, 11,567 ounces of silver, and 350 ounces of copper and others, totaling 30,166, showcasing the company's success in a diversified product portfolio that enhances its market competitiveness.
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- Earnings Announcement: Triple Flag Precious Metals is set to release its Q1 2023 earnings on May 5th after market close, with a consensus EPS estimate of $0.42, reflecting a significant year-over-year increase of 110%, indicating strong profitability.
- Strong Revenue Expectations: The revenue for Q1 is projected to reach $147 million, representing a 78.7% year-over-year growth, showcasing robust market demand and growth potential in the gold streaming sector.
- Historical Performance: Over the past two years, Triple Flag has exceeded EPS estimates 88% of the time and revenue estimates 75% of the time, demonstrating reliability in financial forecasting and performance.
- Upward Revision Trend: In the last three months, EPS estimates have seen four upward revisions with no downward adjustments, indicating increased analyst confidence in the company's future performance, which may further drive stock price appreciation.
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- Record Revenue: Triple Flag Precious Metals achieved record revenues of $147 million in Q1, surpassing analyst expectations of approximately $131 million, driven by gold revenues of $88.9 million and silver revenues of $56.4 million, indicating strong performance in the precious metals market.
- High Metal Sales: The company reported quarterly metal sales of 30,166 gold equivalent ounces, placing it on track to meet its full-year guidance of 95,000 to 105,000 gold equivalent ounces, further solidifying its market position.
- Strong Liquidity: CEO Sheldon Vanderkooy highlighted that the company has over $1 billion in available liquidity, supporting its active deal pipeline and indicating significant future growth potential.
- Positive Future Outlook: An upcoming positive construction decision at Hope Bay is expected in May 2026, which will further drive the company's strategic development and enhance investor confidence.
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- Record Revenue: Triple Flag achieved a record revenue of $147 million in Q1 2026, driven by sales of 30,166 gold equivalent ounces (GEOs), highlighting the company's robust performance in metal sales and solidifying its market position.
- Sales Composition Analysis: In Q1, gold sales reached 18,249 ounces, contributing $88.9 million, while silver and other metals sold 11,567 ounces and 350 ounces, generating $56.4 million and $1.7 million respectively, indicating the diversity and stability of the company's product portfolio.
- Future Outlook: CEO Sheldon Vanderkooy stated that Triple Flag is on track to meet its 2026 GEOs guidance of 95,000 to 105,000 ounces, with a positive construction decision for the Hope Bay project expected in May 2026, further driving company growth.
- Strong Financial Position: With over $1 billion in available liquidity, Triple Flag supports its active deal pipeline and diversified asset portfolio, which includes 239 assets, demonstrating the company's competitive advantage and potential for future expansion.
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- New Investment Position: Global Strategic Management Inc established a new stake in Triple Flag Precious Metals by acquiring 323,309 shares valued at approximately $10.73 million in Q4 2025, representing 8.95% of its reportable assets under management, indicating confidence in the precious metals market.
- Strong Stock Performance: As of February 12, 2026, Triple Flag's shares were priced at $34.60, reflecting a 102% increase over the past year and a 24% rise since January 1, 2026, showcasing optimistic market expectations for future growth.
- Financial Health: Triple Flag boasts a market capitalization of $7.38 billion, with trailing twelve-month revenue of $388.70 million and net income of $240 million, indicating robust profitability and growth potential in the precious metals sector.
- Investor Caution: Despite Triple Flag's impressive stock performance, analysts advise investors to remain cautious in the precious metals sector, particularly given the rapid rise in gold and silver prices, to avoid excessive concentration in this asset class.
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- Quarterly Dividend Announcement: Triple Flag Precious Metals declares a quarterly dividend of CAD 0.0575 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
- Dividend Payment Timeline: The dividend is payable on March 16, with a record date of March 2 and an ex-dividend date also on March 2, ensuring shareholders receive their returns promptly, thereby strengthening the relationship between the company and its investors.
- Strong Financial Performance: Triple Flag exceeded market expectations in its latest earnings report, demonstrating robust revenue and profit growth, indicating the company's competitive strength and market position in the precious metals sector continues to improve.
- Future Outlook: The company has initiated its FY26 outlook, anticipating continued growth momentum, which is likely to attract more investor interest in its long-term development potential.
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