Quarterly ResultMay 5, 2026, 05:02 PM
Triple Flag Q1 Revenue +78.7% to $147M; Net Earnings +157% to $117M
AI Summary
Triple Flag Precious Metals Corp. reported robust financial results for Q1 2026, with revenue increasing by 78.7% to $147.0 million and net earnings surging by 157% to $116.9 million, primarily driven by higher gold and silver prices. The company also announced the acquisition of a 3% gross revenue royalty on the Gunnison Project for $23.0 million and an $84.3 million investment in the Northparkes E44 gold open pit. GEOs sold increased by 5% to 30,166 ounces, and the company reiterated its 2026 guidance of 95,000 to 105,000 GEOs.
Key Highlights
- Q1 2026 Revenue increased 78.7% to $147.0 million.
- Net Earnings rose 157% to $116.9 million, with basic EPS at $0.57.
- Operating Cash Flow grew 72.1% to $113.3 million.
- GEOs sold increased 5% to 30,166 ounces.
- Acquired 3% GR royalty on Gunnison Project for $23.0 million.
- Invested $84.3 million in Northparkes E44 gold open pit development.
- Reiterated 2026 guidance of 95,000 to 105,000 GEOs.
- Average gold price was $4,873/oz (+70%) and silver $84.33/oz (+165%).