Triple Flag Precious Metals (TSE:TFPM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Triple Flag Precious Metals Corp. has agreed to purchase a 0.5% royalty on the Tres Quebradas lithium project in Argentina for $28 million. This acquisition provides Triple Flag with an opportunity to diversify its portfolio by gaining exposure to a large lithium project with potential for significant returns. The deal is expected to close in the first quarter of 2025 and will add a high-quality asset to their holdings.
For further insights into TSE:TFPM stock, check out TipRanks’ Stock Analysis page.
