Overview
* Triple Flag Q2 revenue rises to $94.1 mln
* Adjusted net income beats expectations
* Adjusted EBITDA for Q2 exceeds analyst estimates, reaching $76.2 mln
* Co raises quarterly dividend by 5%, completes key royalty acquisitions
Outlook
* Triple Flag maintains 2025 GEOs guidance of 105,000 to 115,000
* Company's 2029 outlook remains at 135,000 to 145,000 GEOs
* Triple Flag expects production at Johnson Camp Mine in H2 2025
* Company monitors progress at Arcata, Tres Quebradas for H2 2025 production
Result Drivers
* REVENUE GROWTH - Driven by increased sales of gold and silver, with gold revenue rising to $63.6 mln from $37.7 mln yr-ago
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $47.90 $46.90
Adjusted mln mln (1
Net Analyst)
Income
Q2 Beat $76.20 $70.80
Adjusted mln mln (4
EBITDA Analysts
)
Q2 $76.10
Operatin mln
g Cash
Flow
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the gold peer group is "buy"
* Wall Street's median 12-month price target for Triple Flag Precious Metals Corp ( TFPM ) is C$38.50, about 12.4% above its August 5 closing price of C$33.71
* The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 26 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)