Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €24.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Metals and Mining industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €37.47 per share. Aankondiging • Apr 09
Triple Flag Precious Metals Corp. to Report Q1, 2026 Results on May 05, 2026 Triple Flag Precious Metals Corp. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Recent Insider Transactions • Apr 08
CEO & Director recently sold €742k worth of stock On the 31st of March, Sheldon Vanderkooy sold around 25k shares on-market at roughly €29.66 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.8m. Sheldon has been a net seller over the last 12 months, reducing personal holdings by €3.2m. Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. CEO & Director Sheldon Vanderkooy was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 24
Triple Flag Precious Metals Corp., Annual General Meeting, May 06, 2026 Triple Flag Precious Metals Corp., Annual General Meeting, May 06, 2026. Declared Dividend • Feb 22
Fourth quarter dividend of US$0.058 announced Shareholders will receive a dividend of US$0.058. Ex-date: 2nd March 2026 Payment date: 16th March 2026 Dividend yield will be 0.7%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (19% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 21
Full year 2025 earnings released: EPS: US$1.18 (vs US$0.12 loss in FY 2024) Full year 2025 results: EPS: US$1.18 (up from US$0.12 loss in FY 2024). Revenue: US$388.7m (up 45% from FY 2024). Net income: US$240.0m (up US$263.1m from FY 2024). Profit margin: 62% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 14
Triple Flag Precious Metals Corp. to Report Q4, 2025 Results on Feb 18, 2026 Triple Flag Precious Metals Corp. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €27.68, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.56 per share. Declared Dividend • Nov 20
Third quarter dividend of US$0.058 announced Shareholders will receive a dividend of US$0.058. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 0.8%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is covered by both earnings (22% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 23% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 05
Triple Flag Precious Metals Corp. Declares A Cash Dividend, Payable on December 15, 2025 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.0575 per common share to be paid on December 15, 2025, to the shareholders of record at the close of business on December 1, 2025. Recent Insider Transactions • Sep 03
Chief Operating Officer recently sold €652k worth of stock On the 26th of August, James Dendle sold around 29k shares on-market at roughly €22.84 per share. This transaction amounted to 5.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by €821k. Declared Dividend • Aug 25
Second quarter dividend of US$0.058 announced Shareholders will receive a dividend of US$0.058. Ex-date: 2nd September 2025 Payment date: 15th September 2025 Dividend yield will be 0.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €23.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 125% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.22 per share. Declared Dividend • Aug 11
Second quarter dividend of US$0.058 announced Shareholders will receive a dividend of US$0.058. Ex-date: 2nd September 2025 Payment date: 15th September 2025 Dividend yield will be 0.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: US$0.28 (vs US$0.55 loss in 2Q 2024) Second quarter 2025 results: EPS: US$0.28 (up from US$0.55 loss in 2Q 2024). Revenue: US$94.1m (up 48% from 2Q 2024). Net income: US$55.7m (up US$167.2m from 2Q 2024). Profit margin: 59% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Aankondiging • Aug 07
Triple Flag Precious Metals Corp. Declares Quarterly Cash Dividend, Payable on September 15, 2025 Triple Flag Precious Metals Corp.’s Board of Directors declared a quarterly cash dividend of USD 0.0575 per common share to be paid on September 15, 2025, to the shareholders of record at the close of business on September 2, 2025. Aankondiging • Jul 09
Triple Flag Precious Metals Corp. to Report Q2, 2025 Results on Aug 06, 2025 Triple Flag Precious Metals Corp. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Declared Dividend • May 19
First quarter dividend of US$0.055 announced Shareholders will receive a dividend of US$0.055. Ex-date: 30th May 2025 Payment date: 16th June 2025 Dividend yield will be 1.2%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 8x earnings). However, it is well covered by cash flows (37% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 870% to bring the payout ratio under control. EPS is expected to grow by 269% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Aankondiging • Apr 23
Triple Flag Precious Metals Corp. (TSX:TFPM) entered into a definitive agreement to acquire Orogen Royalties Inc. (TSXV:OGN) from Altius Minerals Corporation (TSX:ALS), Adrian Day Asset Management, Euro Pacific Asset Management, LLC and others for approximately CAD 330 million. Triple Flag Precious Metals Corp. (TSX:TFPM) entered into a definitive agreement to acquire Orogen Royalties Inc. (TSXV:OGN) from Altius Minerals Corporation (TSX:ALS), Adrian Day Asset Management, Euro Pacific Asset Management, LLC and others for approximately CAD 330 million on April 21, 2025. Pursuant to the Transaction, Orogen shareholders may elect to receive either CAD 1.63 in cash or 0.05355 of a Triple Flag share per each Orogen share held, and will also receive 0.25 shares in the newly created Orogen Spinco, representing approximately CAD 0.37 per each Orogen share. This represents a total consideration of CAD 2.00 per Orogen common share on a fully diluted basis, calculated using the closing price of Triple Flag shares on April 17, 2025 of CAD 30.44. The total consideration paid by Triple Flag (excluding the value of Orogen Spinco) is approximately CAD 343 million. The shareholder election will be subject to pro-ration such that the cash and share portions of the consideration will represent 50% and 50% of the total consideration (excluding the value of Orogen Spinco), respectively. Orogen shareholders who do not elect to receive either Triple Flag shares or cash will be deemed to elect a default consideration of 0.05355 of a Triple Flag share per Orogen share, in addition to 0.25 shares in Orogen Spinco per Orogen share. The transaction includes customary provisions, including non-solicitation by Orogen of alternative transactions, a right of Triple Flag to match superior proposals, and an approximately $12.5 million (CAD 17,266,750) termination fee, payable under certain circumstances. Triple Flag will finance the cash consideration from its existing undrawn $700 million (CAD 966,938,000) credit facility.
Triple Flag has agreed to separately invest CAD 10 million to obtain an approximate 11% interest in Orogen Spinco. The transaction is to be a court-approved plan of arrangement under the Business Corporations Act (British Columbia) requiring the approval at a special meeting of at least (i) 66 2/3% of votes cast by shareholders of Orogen and (ii) a majority of votes cast by Orogen shareholders excluding the votes attributable to certain members of management. Completion is subject to regulatory and court approvals and other customary closing conditions, including the listing of Orogen Spinco on the TSX.V. The Board of Directors of Triple Flag and the Board of Directors of Orogen have unanimously approved the Transaction and recommend that shareholders vote in favor of the Transaction. Closing is expected in Q3 2025. Scotiabank is acting as financial advisor to Triple Flag and Torys LLP is acting as legal counsel to Triple Flag. Scotiabank provided a fairness opinion to the Triple Flag Board of Directors. National Bank Financial is acting as financial advisor to Orogen and Osler, Hoskin & Harcourt LLP is acting as legal counsel to Orogen. National Bank Financial provided a fairness opinion to the Orogen Board of Directors. Recent Insider Transactions • Mar 29
Independent Director recently sold €363k worth of stock On the 27th of March, Geoffrey Burns sold around 20k shares on-market at roughly €18.15 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €807k. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Recent Insider Transactions • Mar 17
CEO & Director recently sold €807k worth of stock On the 11th of March, Sheldon Vanderkooy sold around 50k shares on-market at roughly €16.14 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sheldon has been a net seller over the last 12 months, reducing personal holdings by €3.0m. Aankondiging • Feb 24
Triple Flag Precious Metals Corp., Annual General Meeting, May 07, 2025 Triple Flag Precious Metals Corp., Annual General Meeting, May 07, 2025. Aankondiging • Feb 21
Triple Flag Precious Metals Corp. Provides Sales Guidance for the Year 2025 Triple Flag Precious Metals Corp. provided sales guidance for the year 2025. For the year, the company expected stream sales and royalty revenue of 105,000 to 115,000 GEOs. Aankondiging • Feb 20
Triple Flag Precious Metals Corp Approves Cash Dividend for the First Quarter 2025, Payable on March 14, 2025 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.055 per common share for the First Quarter 2025 to be paid on March 14, 2025, to the shareholders of record at the close of business on March 3, 2025. Aankondiging • Jan 15
Triple Flag Precious Metals Corp. to Report Q4, 2024 Results on Feb 19, 2025 Triple Flag Precious Metals Corp. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025 Aankondiging • Nov 06
Triple Flag Precious Metals Corp. Declares Fourth Quarter 2024 Dividend, Payable on December 16, 2024 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.055 per common share to be paid on December 16, 2024, to the shareholders of record at the close of business on November 29, 2024. Aankondiging • Oct 10
Triple Flag Precious Metals Corp. to Report Q3, 2024 Results on Nov 05, 2024 Triple Flag Precious Metals Corp. announced that they will report Q3, 2024 results After-Market on Nov 05, 2024 Declared Dividend • Aug 11
Second quarter dividend of US$0.055 announced Shareholders will receive a dividend of US$0.055. Ex-date: 30th August 2024 Payment date: 16th September 2024 Dividend yield will be 1.4%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (32% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 3 years and payments have been stable during that time. Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.55 loss per share (vs US$0.079 profit in 2Q 2023) Second quarter 2024 results: US$0.55 loss per share (down from US$0.079 profit in 2Q 2023). Revenue: US$63.6m (up 21% from 2Q 2023). Net loss: US$111.4m (down US$127.5m from profit in 2Q 2023). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Aankondiging • Aug 09
Triple Flag Precious Metals Corp. Declares Quarterly Cash Dividend, Payable on September 16, 2024 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.055 per common share to be paid on September 16, 2024, to the shareholders of record at the close of business on August 30, 2024. Aankondiging • Jul 12
Triple Flag Precious Metals Corp. to Report Q2, 2024 Results on Aug 07, 2024 Triple Flag Precious Metals Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024 Recent Insider Transactions • Jun 28
Founder recently sold €2.3m worth of stock On the 19th of June, Shaun Usmar sold around 159k shares on-market at roughly €14.50 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Shaun has been a net seller over the last 12 months, reducing personal holdings by €3.9m. Declared Dividend • May 10
First quarter dividend of US$0.052 announced Shareholders will receive a dividend of US$0.052. Ex-date: 31st May 2024 Payment date: 14th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is not covered by earnings (111% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 24% to bring the payout ratio under control. EPS is expected to grow by 138% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$0.09 (vs US$0.086 in 1Q 2023) First quarter 2024 results: EPS: US$0.09 (up from US$0.086 in 1Q 2023). Revenue: US$57.5m (up 14% from 1Q 2023). Net income: US$17.4m (up 5.4% from 1Q 2023). Profit margin: 30% (down from 33% in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Aankondiging • May 08
Triple Flag Precious Metals Corp. Declares Second Quarter 2024 Dividend, Payable on June 14, 2024 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.0525 per common share to be paid on June 14, 2024, to the shareholders of record at the close of business on May 31, 2024. Board Change • Mar 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Founder, CEO & Director Shaun Usmar is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Feb 23
Triple Flag Precious Metals Corp., Annual General Meeting, May 08, 2024 Triple Flag Precious Metals Corp., Annual General Meeting, May 08, 2024. Aankondiging • Jan 18
Triple Flag Precious Metals Corp. to Report Q4, 2023 Results on Feb 21, 2024 Triple Flag Precious Metals Corp. announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Upcoming Dividend • Nov 22
Upcoming dividend of US$0.052 per share at 1.6% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is on the higher end at 91% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (8.4%). Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.03 loss per share (vs US$0.082 profit in 3Q 2022) Third quarter 2023 results: US$0.03 loss per share (down from US$0.082 profit in 3Q 2022). Revenue: US$49.4m (up 46% from 3Q 2022). Net loss: US$6.04m (down 147% from profit in 3Q 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Aankondiging • Nov 08
Triple Flag Precious Metals Corp. Declares A Quarterly Dividend, Payable on December 15, 2023 Triple Flag Precious Metals Corp. announced that its Board of Directors has approved the declaration of a cash dividend of USD 0.0525 per common share to be paid on December 15, 2023 to the shareholders of record at the close of business on November 30, 2023. Board Change • Nov 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Founder, CEO & Director Shaun Usmar is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.052 per share at 1.5% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (8.7%). Board Change • Aug 15
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Founder, CEO & Director Shaun Usmar is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Dec 02
Triple Flag Precious Metals Corp. to Report Q3, 2023 Results on Nov 07, 2023 Triple Flag Precious Metals Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2023 