Welcome to our dedicated page for Triple Flag Prec news (Ticker: TFPM), a resource for investors and traders seeking the latest updates and insights on Triple Flag Prec stock.
Triple Flag Precious Metals Corp. (TFPM) is a precious metals streaming and royalty company listed on the Toronto Stock Exchange and the New York Stock Exchange. Its news flow centers on portfolio performance, acquisitions of new streams and royalties, and financial updates tied to its exposure to gold and silver from mining assets primarily in the Americas and Australia.
Visitors to this TFPM news page can review company announcements about quarterly and annual results, including reported revenue and gold equivalent ounces (GEOs) sold, as well as updates on guidance and longer‑term GEOs outlook. Triple Flag regularly issues news releases discussing record GEOs, record revenue periods and operating cash flow per share, providing context on how its diverse portfolio of streams and royalties is performing.
The company also publishes detailed portfolio updates that describe developments at specific assets where it holds interests, such as changes in production, project restarts, new technical studies and exploration progress. These updates cover a range of mines and projects, including producing operations and development‑stage assets that may contribute to future GEOs. In addition, Triple Flag’s news includes information on corporate transactions, such as the acquisition of Orogen Royalties Inc. and the associated royalty on the Arthur gold project in Nevada, as well as new royalty and stream agreements on assets like Johnson Camp Mine and Tres Quebradas.
Investors will also find announcements related to capital allocation, including quarterly dividend declarations, dividend increases and the renewal of the company’s normal course issuer bid for share repurchases. Governance‑related news, such as the election of directors at the annual meeting, is also disclosed. For anyone tracking TFPM stock, this news page offers a centralized view of the company’s operational, financial and corporate developments over time.
Triple Flag Precious Metals (TSX:TFPM, NYSE:TFPM) has announced its Board of Directors has approved a quarterly cash dividend of US$0.055 per common share. The dividend will be paid on March 14, 2025, to shareholders of record as of the close of business on March 3, 2025.
Triple Flag Precious Metals (TSX: TFPM, NYSE: TFPM) reported Q4 2024 revenue of $74.2 million and annual revenue of $269.0 million, with metal sales of 27,864 gold equivalent ounces (GEOs) for Q4 and 112,623 GEOs for full year 2024.
The company achieved its eighth consecutive annual GEOs sales record, representing a ~20% compound annual growth rate since 2017. Performance was driven by higher gold grades at Northparkes and strong silver deliveries from Cerro Lindo. Revenue increased over 30% year-over-year while reducing outstanding shares.
For FY2024, gold sales were 70,774 GEOs ($169.0M), silver sales were 40,862 GEOs ($97.7M), and other metals contributed 987 GEOs ($2.3M). Q4 2024 saw gold sales of 17,272 GEOs ($46.0M), silver sales of 10,381 GEOs ($27.6M), and other metals at 211 GEOs ($0.6M).
Triple Flag Precious Metals (TSX: TFPM, NYSE: TFPM) has announced an agreement to acquire a 0.5% gross overriding revenue (GOR) royalty on the Tres Quebradas lithium project from Lithium Royalty Corp. for US$28 million. The project, located in Catamarca, Argentina, is owned and operated by Zijin Mining Group.
The Phase 1 development targets 20,000 tonnes annual production of battery-grade lithium carbonate, with expected royalty revenue starting in H2 2025. Triple Flag anticipates a steady-state of approximately 1,000 gold equivalent ounces per year after a three-year ramp-up. The project has Proven and Probable Reserves of 1.67 million tonnes LCE and significant resource upside. Zijin is considering a Phase 2 expansion to 40,000-60,000 tonnes annual production.
Triple Flag Precious Metals (TSX:TFPM, NYSE:TFPM) has received TSX approval to renew its normal course issuer bid (NCIB). The company is authorized to purchase up to 10,071,642 common shares (5% of outstanding shares) between November 15, 2024, and November 14, 2025. Under the previous NCIB, Triple Flag repurchased 582,800 shares: 575,500 shares on TSX (avg. C$18.27/share) and 7,300 shares on NYSE (avg. US$13.51/share). The company has implemented an automatic share purchase plan (ASPP) effective January 1, 2025, allowing purchases during blackout periods.
Triple Flag Precious Metals reported record Q3 2024 results with revenue of $73.7 million, up from $49.4 million in Q3 2023. The company achieved record Gold Equivalent Ounces (GEOs) sales of 29,773, compared to 25,629 in Q3 2023. Net earnings were $29.6 million, a significant improvement from a $6.0 million loss in Q3 2023. Operating cash flow increased to $61.8 million from $36.8 million year-over-year. The company maintained its 2024 guidance of 105,000 to 115,000 GEOs and declared a quarterly dividend of US$0.055 per share. Triple Flag was added to the S&P/TSX Composite Index in September 2024.
Triple Flag Precious Metals Corp. (TSX:TFPM, NYSE:TFPM) has announced a quarterly dividend of US$0.055 per common share. The dividend will be paid on December 16, 2024, to shareholders of record as of the close of business on November 29, 2024.
Triple Flag Precious Metals Corp. (TSX: TFPM, NYSE: TFPM) reported record revenue of US$73.7 million for Q3 2024, derived from record quarterly metal sales of 29,773 gold equivalent ounces (GEOs). The company remains on track to meet its 2024 GEOs sales guidance of 105,000 to 115,000 ounces.
Key highlights include:
- Gold sales: 19,732 GEOs ($48.8M)
- Silver sales: 9,928 GEOs ($24.6M)
- Other: 113 GEOs ($0.3M)
On August 14, 2024, Triple Flag completed the acquisition of 3% gold streams on Agbaou and Bonikro from Allied Gold The company will release its full Q3 2024 results on November 5, 2024, followed by a conference call and webcast on November 6, 2024.
Triple Flag Precious Metals Corp. (TSX:TFPM, NYSE:TFPM) has completed its executive leadership transition. As of September 26, 2024, Sheldon Vanderkooy has been appointed as the new Chief Executive Officer and Director, succeeding Shaun Usmar. Additionally, Eban Bari has been promoted to Chief Financial Officer, and James Dendle to Chief Operating Officer.
Dawn Whittaker, Chair of Triple Flag Precious Metals, expressed confidence in Sheldon's leadership and the company's ability to pursue further growth. She also thanked Shaun Usmar for his founding leadership and efforts in ensuring a smooth transition.
Triple Flag Precious Metals Corp. (TSX: TFPM, NYSE: TFPM) has successfully completed the acquisition of 3% gold streams on both the Agbaou and Bonikro mines, operated by Allied Gold Corp. The transaction, previously announced, was finalized for a total cash consideration of US$53 million. This strategic move expands Triple Flag's portfolio in the precious metals streaming sector, potentially enhancing its revenue streams and market position. Torys LLP provided legal counsel to Triple Flag throughout the acquisition process.
Triple Flag Precious Metals Corp. (TSX: TFPM, NYSE: TFPM) announced Q2 2024 results and maintained its 2024 sales guidance of 105,000 to 115,000 gold equivalent ounces (GEOs). Key highlights include:
- Revenue: $63.6 million (up from $52.6 million in Q2 2023)
- GEOs sold: 27,192 (up from 26,616 in Q2 2023)
- Operating cash flow: $49.4 million (up from $40.9 million in Q2 2023)
- Adjusted EBITDA: $53.0 million (up from $42.1 million in Q2 2023)
The company increased its quarterly dividend by 5% to $0.055 per share. Management changes were announced, including Sheldon Vanderkooy succeeding Shaun Usmar as CEO in Q4 2024. Triple Flag also provided a long-term outlook, expecting sales of 135,000 to 145,000 GEOs in 2028.