Triple Flag Precious Metals Q2 revenue rises
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/Miss | Actual | Consensus Estimate |
Q2 Adjusted Net Income | Beat | $47.90 mln | $46.90 mln (1 Analyst) |
Q2 Adjusted EBITDA | Beat | $76.20 mln | $70.80 mln (4 Analysts) |
Q2 Operating Cash Flow |
| $76.10 mln |
|
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 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: ID:nBw7c8x56a
