08:14 AM EDT, 07/11/2024 (MT Newswires) -- Triple Flag Precious Metals ( TFPM ) on Thursday reported second-quarter revenue of US$63.6 million, which represented quarterly metal sales of 27,192 gold equivalent ounces.

"Triple Flag achieved another strong quarter of deliveries, including quarter-on-quarter growth from Northparkes due to the ongoing processing of the higher-gold-grade E31 and E31N open pits. With year-to-date GEOs sold of 54,986 ounces, the Company is on track to deliver 2024 GEOs sales guidance of 105,000 to 115,000 ounces," the company's CEO Shaun Usmar said in a statement.

"We continue to prioritize sustainable investments and strong governance, improving our Sustainalytics ESG Risk Rating to 2nd out of 118 companies in the precious metals industry and 1st in the precious metals mining subindustry," Usmar added. "Triple Flag remains well positioned to deliver meaningful per share growth driven by a solid organic growth outlook and a strong precious metals price environment."

Triple Flag will release its Q2 results on Aug. 7, after market close.

The company's shares, which gained over 1% in Canada yesterday, gained 2.7% in premarket U.S. trading on Thursday.