07:45 AM EDT, 04/09/2025 (MT Newswires) -- Triple Flag Precious Metals ( TFPM ) gained 3.2% at last look Wednesday on NYSE pre-market trading as the company booked record revenue for the first quarter.

Triple Flag reported first-quarter revenue of US$82.2 million on gold equivalent sales of 28,761 ounces. The company's sales comprised 21,944 ounces of gold and 6,817 ounces of silver.

Triple Flag said it is well-positioned to deliver per share growth amid strong precious metals prices after completing the acquisitions of the Arcata, Azuca and Tres Quebradas assets.

"Our business achieved record revenue to start the year," said CEO Sheldon Vanderkooy. "Triple Flag is on track to deliver 2025 GEOs guidance of 105,000 to 115,000 ounces."