TORONTO (AP) — TORONTO (AP) — Triple Flag Precious Metals Corp. (TFPM) on Wednesday reported fourth-quarter net income of $9.8 million.
On a per-share basis, the Toronto-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The precious metals streaming and royalty company posted revenue of $51.7 million in the period.
For the year, the company reported profit of $36.3 million, or 18 cents per share. Revenue was reported as $204 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