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Earnings documents stored for TFPM.
Investor releaseQuarter not tagged2026-05-13Triple Flag Precious Metals (TSE:TFPM) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Simply Wall St.
Triple Flag Precious Metals (TSE:TFPM) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Unsurprisingly, Triple Flag Precious Metals Corp.'s (TSE:TFPM) stock price was strong on the back of its healthy earnings report. However, we think that shareholders may be missing some concerning details in the numbers. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Importantly, our data indicates that Triple Flag Precious Metals' profit received a boost of US$33m in unusual items, over the last year. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. We'd posit that Triple Flag Precious Metals' statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Because of this, we think that it may be that Triple Flag Precious Metals' statutory profits are better than its underlying earnings power. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. If you want to do dive deeper into Triple Flag Precious Metals, you'd also look into what risks it is currently facing. You'd be interested to know, that we found 1 warning sign for Triple Flag Precious Metals and you'll want to know about it. Today we've zoomed in on a single data point to better understand the nature of Triple Flag Precious Metals' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buy...
Investor releaseQuarter not tagged2026-05-07A Look At Triple Flag Precious Metals (TSX:TFPM) Valuation After Record Q1 Results And New Royalty Deals
Simply Wall St.
A Look At Triple Flag Precious Metals (TSX:TFPM) Valuation After Record Q1 Results And New Royalty Deals
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Triple Flag Precious Metals (TSX:TFPM) reported record first quarter 2026 results, with sales of US$146.99 million and net income of US$116.93 million, alongside portfolio moves at Gunnison and Northparkes. For context, first quarter sales were reported at US$146.99 million compared with US$82.25 million a year earlier, while net income was US$116.93 million compared with US$45.52 million. Basic earnings per share from continuing operations came in at US$0.57, with diluted earnings per share reported at US$0.56, both compared with US$0.23 a year ago. Alongside the earnings release, the company highlighted over 30,000 gold equivalent ounces sold and adjusted EBITDA of US$129 million for the period. Management also reaffirmed 2026 guidance in the 95,000 to 105,000 gold equivalent ounce range, linking the outlook to contributions from assets such as Northparkes, Hope Bay, Arthur, and Kemess. See our latest analysis for Triple Flag Precious Metals. The record quarter and new royalties at Gunnison and Northparkes have landed alongside a 1 year total shareholder return of 48.17% and a 3 year total shareholder return of 113.94%. At the same time, the 30 day share price return of 9.52% and year to date share price return of 1% suggest some recent momentum has cooled at the current CA$44.49 share price. If Triple Flag’s mix of gold, silver, and copper exposure has caught your eye, it can be useful to see how other gold producers are trading and performing through the Simply Wall St screener for 29 elite gold producer stocks With Triple Flag trading at CA$44.49 and showing a 1 year total shareholder return of 48.17%, investors now face a key question: is there still value on the table, or is the stock already pricing in future growth? With Triple Flag Precious Metals last closing at CA$44.49 against a narrative fair value estimate of CA$62.42, the current gap centers on how much future cash flow and earnings power investors think is realistic. Read the complete narrative. Want to see what is built into that valuation gap? The narrative leans heavily on richer margins, faster revenue growth and a higher future earnings multiple than the market is implying. Result: Fair Value of CA$62.42 (UNDERVALUED)...
Investor releaseQuarter not tagged2026-05-07Triple Flag Royalty Deals And Record Quarter Contrast With Share Price Slide
Simply Wall St.
Triple Flag Royalty Deals And Record Quarter Contrast With Share Price Slide
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Triple Flag Precious Metals reported record quarterly results. The company agreed to acquire a significant royalty on the Gunnison copper project. Triple Flag entered a gold focused royalty agreement on the Northparkes E44 deposit with Evolution Mining. Triple Flag Precious Metals (TSX:TFPM) is drawing attention after these updates, with the stock recently trading at CA$42.5. The company has delivered a 41.3% return over the past year and a 94.5% return over the past three years, which puts recent news in the spotlight for investors already following the story. Over shorter windows, the stock has seen a 3.5% decline over 7 days and a 14.9% decline over 30 days, with a 5.4% decline year to date. For investors watching TSX:TFPM, the new copper and gold royalties add more detail to how the portfolio is evolving. The combination of record quarterly results and fresh agreements on Gunnison and Northparkes E44 may influence how you think about the company’s exposure across metals and projects, depending on your view of its risk and return profile. Stay updated on the most important news stories for Triple Flag Precious Metals by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Triple Flag Precious Metals. See which insiders are buying and buying and selling Triple Flag Precious Metals following this latest news. ✅ Price vs Analyst Target: At CA$42.5 versus a consensus target of about CA$60.35, the stock trades roughly 30% below analyst expectations. ✅ Simply Wall St Valuation: The shares are described as trading 13.7% below an estimated fair value, pointing to a valuation discount. ❌ Recent Momentum: A 14.9% decline over the last 30 days shows recent weakness despite the news on record results and new royalties. There is only one way to know the right time to buy, sell or hold Triple Flag Precious Metals. Head to Simply Wall St's company report for the latest analysis of Triple Flag Precious Metals's fair value. 📊 Record quarterly results plus new copper and gold royalties at Gunnison and Northparkes E44 give you more detail on how future revenue sources could be spread across metals and assets. 📊 Watch how cash flow, earnings per share and production updates fr...
Investor releaseQuarter not tagged2026-05-06Triple Flag Precious Metals Q1 Adjusted Earnings, Revenue Rise
MT Newswires
Triple Flag Precious Metals Q1 Adjusted Earnings, Revenue Rise
Triple Flag Precious Metals (TFPM) reported Q1 adjusted net earnings late Tuesday of $0.45 per dilut
Investor releaseQuarter not tagged2026-05-06Triple Flag (TFPM) Q1 2026 Earnings Transcript
Motley Fool
Triple Flag (TFPM) Q1 2026 Earnings Transcript
Image source: The Motley Fool. Wednesday, May 6, 2026 at 9 a.m. ET Chief Executive Officer — Sheldon Vanderkooy Chief Financial Officer — Eban Bari Chief Operating Officer — James Dendle Need a quote from a Motley Fool analyst? Email [email protected] Sheldon Vanderkooy: Good morning, everyone, and thank you for joining us to discuss Triple Flag Precious Metals Corp.’s first quarter 2026 results. With me on the call this morning are Eban Bari, our chief financial officer, and James Dendle, our chief operating officer. Triple Flag Precious Metals Corp. is off to a record start in 2026, with Q1 representing the strongest quarter in the company's history across every key metric. This includes over 30 thousand GEOs, $129 million of adjusted EBITDA, and operating cash flow per share of $0.55. These are all quarterly records. The Q1 result is a straightforward demonstration of the model working as intended: high-margin, top-line exposure to higher gold and silver prices translating into per share cash flow growth of 67% year over year. On the transaction front, we kicked off 2026 by unlocking the high-grade E44 gold deposit at North Parks, which was not previously included in Evolution’s life of mine plan. Triple Flag Precious Metals Corp. will receive guaranteed minimum deliveries from E44 over seven years starting in 2030, which aligns with Evolution’s approved plans for a block cave at E22 and a potential mill expansion to 10 million tons per annum, all of which position North Parks as a clear growth asset for Triple Flag Precious Metals Corp. Then in March, we acquired a 3% gross revenue royalty on the Gunnison copper project in Arizona for $23 million. James will walk you through the details. This is an asset that fits precisely within our strategy of highly accretive transactions for projects in mining-friendly jurisdictions, in this case, the United States. For our existing portfolio, our assets are performing ahead of our expectations. Hope Bay’s construction decision is expected later this month, with a production profile of at least 400 thousand ounces per year. The mill at Beta Hunt has been approved for expansion to 2.6 million tons per annum with further potential growth to 4 million tons per annum. Kone’s oxide circuit remains on track for production later this year. Fosterville is planning a 65% throughput increase that will boost production over the next...
Investor releaseQuarter not tagged2026-05-06Triple Flag Announces Record Q1 2026 Results
Business Wire
Triple Flag Announces Record Q1 2026 Results
TORONTO, May 05, 2026--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, "Triple Flag" or the "Company") (TSX: TFPM, NYSE: TFPM) announced its results for the first quarter of 2026 and declared a dividend of US$0.0575 per common share to be paid on June 15, 2026. Unless otherwise indicated, all amounts are expressed in US dollars. "Triple Flag’s top-tier portfolio delivered a record quarter, with record GEOs and record cash flow per share," commented Sheldon Vanderkooy, CEO. "We are also pleased to have entered into an agreement during the quarter with Evolution Mining to unlock the new gold-dominant E44 deposit at Northparkes, underpinned by guaranteed minimum gold and silver deliveries. Together with the potential mill expansion to 10 Mtpa or more, we view this development as a catalyst that surfaces significant value at Northparkes for our shareholders. We also recently completed the acquisition of a 3.0% GR royalty on the Gunnison copper project in Arizona, providing us with additional valuable exposure to copper in the United States, and look forward to an upcoming construction decision by Agnico Eagle at Hope Bay expected later in May 2026. Supported by strong cash flow generation and over $1.1 billion of available liquidity, we continue to advance an active deal pipeline, maintain a disciplined approach to shareholder returns, and remain firmly on track to deliver on our GEOs guidance of 95,000 to 105,000 ounces for 2026 and 140,000 to 150,000 ounces for 2030." Q1 2026 Financial Highlights GEOs Sold by Commodity and Revenue by Commodity Corporate Updates 2026 GEOs Guidance and 2030 Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2026 of 95,000 to 105,000 GEOs. Our 2030 outlook of 140,000 to 150,000 GEOs remains unchanged. Triple Flag and Evolution Unlock the Gold-Dominant E44 Deposit at Northparkes, Underpinned by Guaranteed Gold and Silver Deliveries; Potential Mill Expansion to 10 Mtpa or More: On February 10, 2026, Triple Flag announced that its wholly owned subsidiary, Triple Flag International Ltd. ("Triple Flag International"), agreed with Evolution to fund $84.3 million in the fourth quarter of 2026 for the development of the new gold-dominant E44 open pit deposit (the "E44 Gold Deposit") at Northparkes, with Evolution committing to guaranteed minimum deliveries of 45,052 ounces of gol...
Investor releaseQuarter not tagged2026-05-06Triple Flag: Q1 Earnings Snapshot
Associated Press
Triple Flag: Q1 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Triple Flag Precious Metals Corp. (TFPM) on Tuesday reported first-quarter profit of $116.9 million. The Toronto-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring gains, came to 45 cents per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. The precious metals streaming and royalty company posted revenue of $147 million in the period. _____ 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
Investor releaseQuarter not tagged2026-05-06Triple Flag Precious Metals Corp. Q1 2026 Earnings Call Summary
Moby
Triple Flag Precious Metals Corp. Q1 2026 Earnings Call Summary
Achieved record quarterly results across all key metrics, including GEOs and adjusted EBITDA, driven by high-margin exposure to elevated gold and silver prices. Realized a 67% year-over-year increase in operating cash flow per share, which management identifies as the primary driver for compounding shareholder value. Unlocked the high-grade E44 gold deposit at North Parks through a deal providing guaranteed minimum deliveries starting in 2030, an asset previously excluded from the operator's mine plan. Acquired a 3% gross revenue royalty on the Gunnison copper project for $23 million, targeting a large-scale U.S. asset to benefit from strategic domestic copper demand. Attributed portfolio outperformance to assets exceeding expectations, specifically citing throughput increases at Fosterville and mill expansion approvals at Beta Hunt. Maintained a debt-free balance sheet with over $1 billion in liquidity to support a progressive dividend policy and opportunistic share buybacks. Reiterated 2026 guidance and 2030 outlook of 140 to 150 thousand GEOs based on current asset trajectories and approved expansions. Anticipates a critical construction decision for the Hope Bay project in May 2026, which could establish a 400,000 to 425,000 ounce per year gold production profile. Projects significant organic growth beyond 2030 from a core group of four 'tier-one' assets: Arthur, Kemess, Hope Bay, and North Parks. Expects the Kone oxide circuit to reach production later in 2026, contributing to near-term volume growth. Evaluating a potential mill expansion at North Parks to 10 million tons per annum, which is being studied over the next year to unlock 575 million tons of resource inventory. Structured the Gunnison royalty with a buy-down option to lower the royalty burden upon a change of control, intended to unlock value for all parties involved. Identified a potential $35 million cash inflow if the operator chooses to cancel Triple Flag's $65 million stream expansion option at Gunnison. Emphasized the importance of Agnico Eagle's operating capabilities in Nunavut to mitigate risks associated with the scale and remoteness of the Hope Bay project. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management expects to deploy more capital in 2026, focusing on precious me...
TranscriptFY2026 Q12026-05-06FY2026 Q1 earnings call transcript
Earnings source - 41 paragraphs
FY2026 Q1 earnings call transcript
Hello. Welcome to Triple Flag Precious Metals Q1 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question at that time, just press star one on your telephone keypad. If you would like to withdraw your question, just press star one again. Thank you. Now I would like to turn the call over to Sheldon Vanderkooy, Chief Executive Officer. Sheldon, please go ahead.
Thank you. Good morning, everyone, and thank you for joining us to discuss Triple Flag's first quarter 2026 results. With me on the call this morning are Eban Bari, our Chief Financial Officer, and James Dendle, our Chief Operating Officer. Triple Flag is off to a record start in 2026, with Q1 representing the strongest quarter in the company's history across every key metric. This includes over 30,000 GEOs, $129 million of adjusted EBITDA, and operating cash flow per share of $0.55 U.S. These are all quarterly records. The Q1 result is a straightforward demonstration of the model working as intended. High margin, top-line exposure to higher gold and silver prices, translating into per share cash flow growth of 67% year-over-year.
On the transaction front, we kicked off 2026 by unlocking the high-grade E44 gold deposit at Northparkes, which was not previously included in Evolution's life of mine plan. Triple Flag will receive guaranteed minimum deliveries from E44 over seven years starting in 2030, which aligns with Evolution's approved plans for a block cave at E22 and a potential mill expansion to 10 million tons per annum, all of which position Northparkes as a clear growth asset for Triple Flag. In March, we acquired a 3% gross revenue royalty on the Gunnison copper project in Arizona for $23 million. James will walk you through the details, this is an asset that fits precisely within our strategy of highly accretive transactions for projects in mining-friendly jurisdictions, in this case, the United States. For our existing portfolio, our assets are performing ahead of our expectations.
Hope Bay's construction decision is expected later this month with a production profile of at least 400,000 ounces per year. The mill at Beta Hunt has been approved for expansion to 2.6 million tons per annum, with a further potential growth to 4 million tons per annum. Koné's oxide circuit remains on track for production later this year. Fosterville is planning a 65% throughput increase that will boost production over the next three years. Last, Arthur's feasibility work, permitting submission and drilling is underway on what AngloGold sees as a world-class deposit that will continue to grow for decades to come.
Our first quarter performance, as well as the underlying achievements made by the assets within our portfolio, have us on track to deliver our 2026 guidance and our 2030 outlook of 140,000-150,000 GEOs. I will now turn it over to Eban to discuss our financial results for Q1 2026.
Thank you, Sheldon. As Sheldon highlighted, Q1 was a record quarter on every line item on this chart, with adjusted earnings up 125%, adjusted EBITDA up 82%, Most importantly, cash flow per share up 57% year-over-year. Operating cash flow per share is the metric that most directly compounds shareholder value over time. This strong cash flow generation continues to support all of our capital allocation priorities given our high margin business, including shareholder returns and external growth opportunities. We aim to pay a progressively growing dividend that's sustainable across all metal prices, We have increased our dividend every year since our IPO by about 5% mid-year. We will continue to assess the right pace of further increases against the broader growth through capital deployment opportunity set.
In addition to our dividend, we have an active NCIB, and as always, we'll buy back shares in the open market on an opportunistic basis. We have a pristine balance sheet and exited the quarter with $144 million worth of cash, no debt, and over $1 billion of liquidity available. This gives us meaningful flexibility to continue executing on accretive growth opportunities while funding our progressive dividend and to buy back shares when warranted. With that, I will turn it over to James to walk you through Hope Bay, Gunnison, and our growth expectations beyond 2030.
Thanks, Eban. We hold a 1% NSR royalty on Hope Bay, which is one of the most exciting development assets in our portfolio. We expect a meaningful development in the next several weeks. The asset is an 80 km greenstone belt in Nunavut with over 90 regional exploration targets identified across the property. Our royalty covers well over 1,000 sq km. Agnico's unparalleled Arctic operating capabilities are essential in ensuring the successful development and operation for projects of this scale and remoteness.
A technical evaluation update and a construction decision that's expected by [Agnico] in May, which will highlight a 6,000 ton per day operation with the potential to be a 400,000 to 425,000 ounce per year gold producer. Hope Bay's exploration potential is also significant in areas such as Patch 7 of Madrid, but also has the geological potential to support a multi-decade district across the broader 80 km belt. As Sheldon mentioned, in late March, we completed the acquisition of a third-party 3% gross revenue royalty on the Gunnison Copper project in Arizona for $23 million, which is strongly accretive on a per share basis. There are a few things we particularly like about this transaction. First, it is an existing royalty on a large-scale U.S. copper project that is designed to be mined and processed using conventional methods.
The updated PEA, released in February this year, supports approximately 125 million pounds of annual copper cathode production, totaling roughly 3.2 billion pounds over a 21-year life of mine. Second, the location is genuinely top-tier. The project sits on a combination of private and state land in Arizona, which we expect to help streamline the permitting with on-site power, rail, and water infrastructure already in place. Domestic U.S. copper production is a strategic priority in the current environment, and Gunnison is positioned to deliver into this need. Finally, I want to discuss the growth that our portfolio is expected to deliver beyond 2030 outside of our formal outlook. Arthur, Kemess, Hope Bay, and Northparkes represent world-class long-life assets located in the most established mining jurisdictions. They provide substantial growth potential beyond our 2030 outlook.
At Arthur, a pre-feasibility study was released in February to drive the commencement and permitting in 2027. The current mine plan has been described by Anglo as the top of the iceberg, and they further noted that Arthur is a marquee asset that will anchor the portfolio into the 2050s. We're very excited about the development trajectory and potential of this tier one gold asset. At Kemess, Triple Flag holds a 100% silver stream. The January 2026 PEA supports a large-scale copper-gold-silver operation, reaching production by 2031, leveraging existing brownfield infrastructure and permits from previous mining operations. Notably, the PEA mine plan only represents 47% of the total indicated and inferred resource tons, providing further upside potential for subsequent economic studies. Hope Bay I've already covered, but its place in this slide is worth noting.
A potential 400,000-425,000 ounce per year producer with district scale exploration upside along the 80-kilometer belt and a construction decision expected this month. Finally, Northparkes is Triple Flag's largest asset. Numerous growth projects have been recently approved, which will unlock value from a world-class copper gold endowment, including the E-22 block cave, the E-44 gold open pit with minimum guaranteed deliveries, and most importantly, a potential mill expansion to at least 10 million tons, which is currently being studied over the next year. We believe that the mill expansion is the optimal path forward to unlock value from not only the 575 million tons of current measured indicator resource inventory, but other prospective and underexplored targets that could potentially and materially add to the potential production profile associated with the improved scale and processing optionality at Northparkes.
Taken together, these four assets are diversified across long-life district-scale systems in Nevada, British Columbia, Nunavut, and Australia. They're all operated by high-quality counterparties and represent the foundation for further organic growth beyond 2030. On that, pass back to Sheldon for closing remarks.
Thank you, James. We had a record start to the year, and we are positioned to achieve our 2026 guidance. We saw record growth in operating cash flow per share and delivered transactions that will benefit our shareholders for decades to come. Beyond 2030, Triple Flag shareholders can expect significant additional GEOs growth from long-life district-scale assets, including at Northparkes, Arthur, Kemess, and Hope Bay. Overall, Triple Flag is exceptionally well-positioned to deliver long-term organic value to our shareholders from a diverse portfolio of producing and developing assets. Our balance sheet remains pristine. We are debt-free with over $140 million in cash and over $1 billion in available credit, providing us with substantial financial flexibility to continue pursuing accretive growth opportunities for the benefit of our shareholders. That concludes our prepared remarks. Operator, please open the floor to questions.
We will now begin the question and answer session. If you would like to ask a question at this time, simply press star followed by one on your telephone keypad. Your first question comes from the line of Sam Overwater with Scotiabank. Sam, please go ahead.
Good morning, everyone, and congratulations on another great quarter. Could you please walk us through an M&A and transaction outlook update, specifically the size of transactions that Triple Flag commonly engages, the mine life stage, the commodity, and any more information? Thank you.
Yeah, certainly, Sam. I'll take that. This is Sheldon. First of all, like, I'm just really pleased that we deployed $100 million+ in Q1 on very good terms. There continue to be many opportunities, and I'm confident we'll manage to do more in 2026. With regards to what we're looking at, like, it's mostly precious, mostly good jurisdictions, a range of sizes, certainly in that $100 million to sub $500 million range. Again, generally good jurisdictions that would be attractive for our shareholders.
Great. Thank you. Just one more tag on, what's the transactional look in Australia? Has Triple Flag been engaging any opportunities there?
We really like Australia, of course. It's our single highest country concentration. We are active in Australia. We're also active in many other jurisdictions around the world.
Great. Thank you. That's all for me.
Thank you.
Our next question comes from the line of Brian MacArthur with Raymond James. Brian, please go ahead.
Good morning. My question relates to the buyback options on the Gunnison agreement, and there's two parts of it. The royalty part I think is clear to me. Can you just go through I thought there was a $65 million stream expansion payment. Now you're talking about a termination for $35 million. Can you just update me exactly what's left and how the stream's working these days, please?
Yeah, certainly, Brian. This is Sheldon. I'll take that. The royalty buy down option is pretty straightforward. Really what we wanted to do, to set the context is, we wanted to provide a pathway for a potential on a change of control to have a lower royalty burden on the property, which we think could unlock value for all parties. It's at an attractive price for Triple Flag. With respect to the stream, we have an option to fund an additional $65 million, effectively, it's almost double the stream rate.
What this would do is instead of us funding $65 million to double the stream rate, they would pay $35 million to us in order to cancel that option on our part. I don't think anyone values our expansion option right now, so I think $35 million would be a pretty nice win for Triple Flag.
Right. You'd just get 35 for that option, but the, you know, the 3.5, the %, the 16.5%, that all stays in place. There's no change in step downs or adjustments or anything.
Exactly.
It's a pure payout of the option. Okay, great.
Exactly. It's not a reduction in our current stream at all.
Thanks very much, Sheldon. That's very clear.
Thanks, Brian.
Your next question comes from the line of Adam Morski with Bank of America. Adam, please go ahead.
Hi. Thanks for taking my question. I just had a question on the buyback program, which has been underutilized to date. Perhaps you could comment on why there's been little activity there relative to other companies with buyback programs and what the outlook is going forward.
Yeah. Thanks, Adam. We've always been opportunistic with respect to the NCIB and we've been, you know, we've shown a willingness to deploy on that from time to time. All I would say is we do view our shares as being undervalued, and maybe I'll stop there, but, you know, noted.
Thank you very much.
There's no further question at this time. I will now turn the call back over to Sheldon Vanderkooy for closing remarks. Sheldon?
Yeah. Thank you, everyone. I really appreciate your attendance. It's been a fantastic start to the year, and I think it's gonna be a, you know, a fantastic finish to the year as well. Appreciate all your time.
This concludes today's call. You may now disconnect. We are all clear, everyone. Great call. Thank you so much.
Thank you.
Thank you.
Take care.
Investor releaseQuarter not tagged2026-04-22Triple Flag Precious Metals (TFPM)’s Q1 2026 Results: Strength of Its Diversified Royalty and Streaming Model
Insider Monkey
Triple Flag Precious Metals (TFPM)’s Q1 2026 Results: Strength of Its Diversified Royalty and Streaming Model
With significant hedge fund interest, Triple Flag Precious Metals Corp. (NYSE:TFPM) ranks among the best junior silver mining stocks. An aerial view of the 1,840 mineral claims spread out over a 274 square mile area for the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project. On April 9, 2026, Triple Flag Precious Metals Corp. (NYSE:TFPM) released its first-quarter update, while also noting the strength of its diversified royalty and streaming model. The company reported record quarterly revenue of $147.0 million with production of 30,166 gold-equivalent ounces, marking its best quarterly performance to date. With gold continuing to be the main source of revenue, followed by silver, and lower inputs from copper and other metals, the results keep Triple Flag Precious Metals Corp. (NYSE:TFPM) on track to fulfill its 2026 projection of 95,000 to 105,000 GEOs. Meanwhile, management highlighted several key organic catalysts as it emphasized its growing pipeline, including a Pre-Feasibility Study (PFS) for the Arthur gold project in Nevada, a Preliminary Economic Analysis (PEA) for the Kemess silver project in British Columbia and the Gunnison copper project in Arizona, and ongoing work at the Hope Bay gold asset ahead of a possible construction decision in May 2026. That momentum builds on the company’s strong 2025 results reported in February, when Triple Flag Precious Metals Corp. (NYSE:TFPM) delivered record revenue of $388.7 million and sold 113,237 GEOs. Q4 revenue stood at $118.9 million, along with a quarterly dividend of $0.0575 per share. Due to headwinds at Cerro Lindo and Northparkes, management expects 2026 to be more of a transition year. At the same time, Triple Flag Precious Metals Corp. (NYSE:TFPM) has over $1 billion in liquidity, putting the company in a strong position to explore acquisitions and achieve its long-term target of 140,000–150,000 GEOs by 2030. Triple Flag Precious Metals Corp. (NYSE:TFPM) is a precious metals streaming and royalty company with 239 global assets. Its headquarters is in Canada. im-yf-promo] While we acknowledge the potential of TFPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best s...
Investor releaseQuarter not tagged2026-03-07Earnings Estimates Moving Higher for Triple Flag (TFPM): Time to Buy?
Zacks
Earnings Estimates Moving Higher for Triple Flag (TFPM): Time to Buy?
Triple Flag Precious Metals (TFPM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts' growing optimism on the earnings prospects of this precious metals streaming and royalty company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Triple Flag Precious Metals, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: For the current quarter, the company is expected to earn $0.41 per share, which is a change of +105.0% from the year-ago reported number. Over the last 30 days, one estimate has moved higher for Triple Flag compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 13.89%. For the full year, the earnings estimate of $1.40 per share represents a change of +38.6% from the year-ago number. The revisions trend for the current year also appears quite promising for Triple Flag, with four estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 16.63%. Thanks to promising estimate revisions, Triple Flag currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Investors have been betting on...
Investor releaseQuarter not tagged2026-02-26Triple Flag Precious Metals (TSX:TFPM) Valuation After Record 2025 Results And Updated Growth Outlook
Simply Wall St.
Triple Flag Precious Metals (TSX:TFPM) Valuation After Record 2025 Results And Updated Growth Outlook
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Triple Flag Precious Metals (TSX:TFPM) just reported record 2025 results, with sales of US$388.7 million and net income of US$240.01 million, alongside a cash dividend declaration and new production guidance for 2026. See our latest analysis for Triple Flag Precious Metals. Record 2025 earnings, new 2026 production guidance, and ongoing dividends and buybacks appear to sit behind the strong move in Triple Flag Precious Metals’ shares. A 19.43% year-to-date share price return and a 3-year total shareholder return of 201.25% suggest that momentum has been building. If this kind of precious metals story has your attention, it may be worth widening your search with our 26 elite gold producer stocks as a starting point for other ideas in the space. With the share price up sharply and record 2025 numbers in the bag, the key question now is whether Triple Flag’s current valuation still leaves room for upside, or if the market is already pricing in much of its future growth. Triple Flag Precious Metals last closed at CA$53.67, while the most followed narrative pegs fair value closer to CA$61.73. This frames the recent share price strength in a different light. Read the complete narrative. Curious what kind of revenue trajectory and margin profile sit behind that fair value? The narrative leans on compound growth, richer profitability, and a higher future earnings multiple than the sector usually enjoys. The full story connects these moving parts into one valuation view. Result: Fair Value of CA$61.73 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on new assets offsetting any production declines at key streams and on acquisitions delivering without squeezing margins or returns over time. Find out about the key risks to this Triple Flag Precious Metals narrative. Our fair value narrative suggests Triple Flag Precious Metals is 13.1% undervalued at CA$53.67, but the current P/E of 33.7x tells a different story. That is well above the Canadian metals and mining industry at 23.1x, the peer average at 24.3x, and our fair ratio of 20.7x, which points to valuation risk if sentiment cools. See what the numbers say about this price — find out in our valuation breakdown. If this mix of poten...