Triple Flag Precious Metals Management
Management criteria checks 3/4
Triple Flag Precious Metals' CEO is Sheldon Vanderkooy, appointed in Sep 2024, has a tenure of 1.67 years. total yearly compensation is $2.91M, comprised of 18.4% salary and 81.6% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth CA$51.08M. The average tenure of the management team and the board of directors is 1.7 years and 5 years respectively.
Key information
Sheldon Vanderkooy
Chief executive officer
US$2.9m
Total compensation
| CEO salary percentage | 18.44% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
TFPM: 2026 Metal Price Assumptions Will Drive Future Cash Flow Upside
Analysts have raised their CA$ price targets on Triple Flag Precious Metals by CA$2, reflecting updated metal price forecasts and revised assumptions for growth, margins and future P/E multiples. Analyst Commentary Recent Street research points to a cluster of price target revisions on Triple Flag Precious Metals, driven mainly by updated metal price assumptions and refreshed views on future P/E multiples.TFPM: Higher Metal Price Assumptions Will Support Future Cash Flow Upside
Analysts have raised their CA$ price targets on Triple Flag Precious Metals, with the updated fair value edging up by about CA$0.22 as they incorporate refreshed metal price forecasts and modest tweaks to the discount rate and P/E assumptions. Analyst Commentary Recent Street research has centred on a series of higher price targets for Triple Flag Precious Metals, with updates tied mainly to refreshed metal price forecasts and adjustments to valuation inputs such as P/E assumptions and discount rates.TFPM: Higher Metal Price Assumptions Will Support Future Cash Flows
Analysts have lifted their average CA$ price target for Triple Flag Precious Metals by about CA$1, reflecting updated metal price forecasts, higher assumed revenue growth, and a slightly lower discount rate, partially offset by more conservative profit margin and P/E assumptions. Analyst Commentary Recent Street research has focused on revisiting valuation frameworks for Triple Flag Precious Metals, with several bullish analysts adjusting price targets in both US$ and CA$ terms following updates to metal price assumptions and discount rates.TFPM: Higher Metal Price Assumptions And Margins Will Support Future Earnings
Analysts have inched their fair value estimate higher and raised their CA$ price targets on Triple Flag Precious Metals by mid single digit amounts, pointing to updated metal price forecasts and stronger margin assumptions as key drivers behind the change. Analyst Commentary Recent Street research on Triple Flag Precious Metals centers on a cluster of price target revisions, with several firms adjusting their models to reflect updated metal price assumptions and margin expectations.TFPM: Higher Metals Exposure And Buybacks Will Support Future Earnings Power
The analyst price target for Triple Flag Precious Metals has increased by CA$7 to reflect updated assumptions on discount rates, revenue growth, profit margins, and future P/E, consistent with a series of recent target increases from several research firms. Analyst Commentary Recent research updates show a series of higher price targets for Triple Flag Precious Metals, with individual moves ranging from C$1 to C$8 and US$6 to US$9.TFPM: Higher Metals Forecasts And Buybacks Will Support Future Earnings Profile
Analysts have lifted their price targets on Triple Flag Precious Metals, supporting a higher fair value estimate of $61.83 from $57.37 as they factor in updated discount rates, modestly adjusted revenue growth, higher profit margin assumptions, and a slightly higher future P/E multiple. Analyst Commentary Recent Street research has focused on higher price targets for Triple Flag Precious Metals, framed around refreshed forecasts for metals and mining names and updated assumptions on valuation multiples, margins, and revenue trajectories.TFPM: Refreshed Metal Forecasts And Buybacks Will Shape Future Earnings Balance
Narrative Update: Triple Flag Precious Metals The updated analyst price target for Triple Flag Precious Metals has moved higher to reflect a refreshed fair value of about 57.37. Analysts point to revised commodity forecasts and adjustments to key inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions, as seen in recent target increases from several firms.TFPM: Higher Precious Metal Forecasts Will Shape Future Buybacks And Earnings Balance
Analysts have nudged their fair value estimate for Triple Flag Precious Metals higher to about $53.35, up from roughly $52.52, citing refreshed price targets and updated commodity forecasts across broader North American metals and mining coverage. Analyst Commentary Recent Street research on Triple Flag Precious Metals has centered on refreshed price targets and updated commodity assumptions, giving you a clearer sense of what is driving the revised fair value estimate.TFPM: Higher Precious Metal Prices Will Shape Future Buyback And Earnings Balance
Analysts have nudged their price targets for Triple Flag Precious Metals modestly higher, from about $51.63 to $52.52, citing refreshed commodity price forecasts, resilient precious metals demand despite a challenging macro backdrop, and valuation support following recent sector-wide target increases. Analyst Commentary Street research on Triple Flag Precious Metals reflects a predominantly constructive stance on the company, with most recent actions pointing to higher valuation expectations supported by upgraded commodity price forecasts and a robust outlook for precious metals.TFPM: Higher Precious Metal Prices Will Shape Balanced Risk Reward Ahead
Analysts have nudged their price target on Triple Flag Precious Metals modestly higher, to the mid to high 30 dollar range from the low to mid 30s, reflecting refreshed metals price forecasts, stronger anticipated revenue growth, and slightly richer future valuation multiples despite a marginally higher discount rate and some pressure on long run profit margins. Analyst Commentary Recent Street research presents a generally constructive view on Triple Flag Precious Metals, with several bullish analysts lifting their price targets meaningfully as they recalibrate metals price decks and growth expectations, while at least one more cautious voice is flagging valuation stretch following the stock's strong run.Triple Flag Precious Metals (TSE:TFPM) Could Easily Take On More Debt
Dec 08
TFPM: Higher Projected Gold Prices Will Drive Bullish Momentum Ahead
Analysts have increased their price targets for Triple Flag Precious Metals, with recent updates reflecting higher gold and silver price forecasts and an improved growth outlook. Expectations have been raised by as much as C$16 per share.Additional Considerations Required While Assessing Triple Flag Precious Metals' (TSE:TFPM) Strong Earnings
Nov 14Results: Triple Flag Precious Metals Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 07TFPM: Higher Gold And Silver Prices Will Drive Earnings Momentum
Analysts have raised their price target for Triple Flag Precious Metals, increasing the estimated fair value by approximately $1.25 per share. This adjustment is driven by upward revisions to gold and silver price forecasts, despite more conservative growth and margin assumptions.Analyst Commentary Drives Higher Valuation for Triple Flag Precious Metals Amid Strong Gold Outlook
The analyst price target for Triple Flag Precious Metals has been raised significantly, with an updated fair value climbing from approximately $44.55 to $50.68. Analysts anticipate higher future gold and silver prices and stronger long-term profitability.Multiple Royalty Deals Will Fuel Future Precious Metals Expansion
Analysts have increased their average price target for Triple Flag Precious Metals by approximately C$2.50. This adjustment reflects improved revenue growth forecasts and higher profit margins.Multiple Royalty Deals Will Fuel Future Precious Metals Expansion
Triple Flag Precious Metals' consensus price target has risen to CA$42.07, reflecting stronger operating results, higher gold price assumptions, enhanced cash flow prospects from successful portfolio integration, and improved balance sheet strength. Analyst Commentary Bullish analysts cite stronger-than-expected quarterly operating results and improved production guidance across key royalty and streaming assets.Multiple Royalty Deals Will Fuel Future Precious Metals Expansion
Analysts slightly raised Triple Flag Precious Metals’ price target to CA$41.05 amid confidence in its strong execution and long-term growth outlook, partially offset by valuation concerns after a 60% YTD share rally. Analyst Commentary Bullish analysts see continued production growth and robust medium- to long-term outlook for Triple Flag’s royalty and streaming portfolio.Some May Be Optimistic About Triple Flag Precious Metals' (TSE:TFPM) Earnings
May 14Acquisitions And Projects Will Expand Nevada And Peru Mining Operations
Strategic acquisitions such as Orogen Royalties bolster revenue growth through valuable gold and silver projects and appear poised to enhance future production potential.Revenues Not Telling The Story For Triple Flag Precious Metals Corp. (TSE:TFPM)
May 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$3m | US$537k | US$240m |
| Sep 30 2025 | n/a | n/a | US$204m |
| Jun 30 2025 | n/a | n/a | US$172m |
| Mar 31 2025 | n/a | n/a | US$5m |
| Dec 31 2024 | US$2m | US$432k | -US$23m |
| Sep 30 2024 | n/a | n/a | -US$55m |
| Jun 30 2024 | n/a | n/a | -US$90m |
| Mar 31 2024 | n/a | n/a | US$37m |
| Dec 31 2023 | US$2m | US$383k | US$36m |
| Sep 30 2023 | n/a | n/a | US$42m |
| Jun 30 2023 | n/a | n/a | US$61m |
| Mar 31 2023 | n/a | n/a | US$56m |
| Dec 31 2022 | US$2m | US$346k | US$55m |
| Sep 30 2022 | n/a | n/a | US$53m |
| Jun 30 2022 | n/a | n/a | US$45m |
| Mar 31 2022 | n/a | n/a | US$53m |
| Dec 31 2021 | US$2m | US$346k | US$46m |
| Sep 30 2021 | n/a | n/a | US$86m |
| Jun 30 2021 | n/a | n/a | US$90m |
| Mar 31 2021 | n/a | n/a | US$81m |
| Dec 31 2020 | US$729k | US$317k | US$56m |
Compensation vs Market: Sheldon's total compensation ($USD2.91M) is about average for companies of similar size in the Canadian market ($USD4.09M).
Compensation vs Earnings: Sheldon's compensation has been consistent with company performance over the past year.
CEO
Sheldon Vanderkooy (51 yo)
1.7yrs
Tenure
US$2,909,181
Compensation
Mr. Sheldon Vanderkooy is CEO and Director of Triple Flag Precious Metals Corp. from September 26, 2024. He served as Chief Financial Officer at Triple Flag Precious Metals Corp. since 2021 until September...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$2.91m | 0.57% CA$ 51.1m | |
| Chief Financial Officer | 1.7yrs | US$1.45m | 0.075% CA$ 6.7m | |
| Chief Operating Officer | 1.7yrs | US$2.01m | 0.22% CA$ 19.6m | |
| VP, General Counsel & Corporate Secretary | 3.3yrs | US$1.06m | 0.0097% CA$ 869.0k | |
| Managing Director of Triple Flag International Ltd. | 1.8yrs | US$1.35m | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Corporate Development | no data | no data | 0.14% CA$ 12.1m | |
| Senior Manager of Human Resources | less than a year | no data | no data | |
| Managing Director of Finance | no data | no data | 0.029% CA$ 2.6m | |
| Director of Geology | 1.3yrs | no data | no data | |
| Director of Corporate Development & Research | no data | no data | no data |
1.7yrs
Average Tenure
45yo
Average Age
Experienced Management: TFPM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.7yrs | US$2.91m | 0.57% CA$ 51.1m | |
| Independent Director | 3.3yrs | US$200.00k | 0.73% CA$ 65.0m | |
| Non-Independent Director | 6.6yrs | no data | no data | |
| Independent Director | 5yrs | US$225.00k | 0.014% CA$ 1.2m | |
| Independent Chairman of the Board | 5yrs | US$300.00k | 0.011% CA$ 997.1k | |
| Independent Director | 3.3yrs | US$200.00k | 0.0097% CA$ 869.0k | |
| Independent Director | 5yrs | US$225.00k | 0.014% CA$ 1.2m | |
| Independent Director | 3.3yrs | US$200.00k | no data | |
| Independent Director | 5yrs | US$225.00k | 0.015% CA$ 1.4m |
5.0yrs
Average Tenure
62yo
Average Age
Experienced Board: TFPM's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 14:07 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Triple Flag Precious Metals Corp. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rene Cartier | BMO Capital Markets Equity Research |
| Brian Quast | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |