Triple Flag Precious Metals Corp.

NYSE:TFPM Stock Report

Market Cap: US$5.8b

Triple Flag Precious Metals Balance Sheet Health

Financial Health criteria checks 6/6

Triple Flag Precious Metals has a total shareholder equity of $2.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2B and $69.2M respectively. Triple Flag Precious Metals's EBIT is $269.9M making its interest coverage ratio 91. It has cash and short-term investments of $164.9M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio91x
CashUS$164.87m
EquityUS$2.15b
Total liabilitiesUS$69.22m
Total assetsUS$2.22b

Recent financial health updates

No updates

Recent updates

Seeking Alpha Jun 09

Triple Flag: Record Q1, Copper Acquisition, And Insider Buying Are Bullish Signs

Summary Triple Flag Precious Metals trades at an attractive valuation, with strong growth prospects and a compelling risk-reward profile versus peers. TFPM delivered record Q1 2026 results, highlighting exceptional leverage to gold prices and robust cash flow generation, supported by a debt-free balance sheet. The Gunnison copper royalty offers significant long-term upside, though production is years away and project financing remains a key risk. I rate TFPM a Buy for investors seeking royalty exposure at a discount, with catalysts including GEO growth, sector M&A, and Gunnison developments. Read the full article on Seeking Alpha
Seeking Alpha Jan 07

Triple Flag Precious Metals: Good Growth Potential At A Very Attractive Share Price

Summary Triple Flag Precious Metals Corp. (TFPM) receives a Buy rating due to the well-mitigated risk of a globally diversified precious metals-focused stream and royalty portfolio and rising gold prices. .TFPM's streams and royalties, primarily in gold and silver, benefit from increasing GEO ("Gold Equivalent Ounces") sales and high gold prices, driving profitability. The company is well positioned to generate strong cash flow, and investors can rely on the company's commitment to delivering value to shareholders. Read the full article on Seeking Alpha
Seeking Alpha Sep 23

Triple Flag: One Of The Best Silver Exposures In The Royalty And Streaming Business

Summary Considering that I view the supply and demand fundamentals of the silver market as highly compelling, I am attracted by Triple Flag's large silver exposure. The stream on 65% of the silver production at Cerro Lindo is the cornerstone asset in Triple Flag's portfolio. Triple Flag is expected to produce between 135,000 and 145,000 GEOs in 2028, which would represent a growth of almost 30% compared to the midpoint of the 2024 production guidance. The company is trading at an enterprise value per GEO of approximately $31,000, which is the equivalent of a 27% and 30% discount compared to Osisko and Franco-Nevada, respectively. Read the full article on Seeking Alpha
Seeking Alpha May 15

Triple Flag Precious Metals: A Golden Start To 2024

Summary We recap Triple Flag Precious Metal's Q1 earnings report. The company has increased gold equivalent sales for eight consecutive years and is guiding for another strong year in 2024. We are bullish on shares that are well-positioned to benefit in the ongoing bull market for gold and silver. Read the full article on Seeking Alpha
Seeking Alpha Feb 28

Triple Flag: Too Cheap To Ignore

Summary Triple Flag Precious Metals Corp. reported strong Q4 and FY2023 results, and expects another solid year on deck in 2024. Notably, the company achieved record revenue and operating cash flow despite lapping tough comps from Fosterville, and a weaker finish to the year at Renard. In this update, we'll dig into the Q4 and FY2023 results, recent developments, and why Triple Flag is a must-own name for those looking for silver exposure. Read the full article on Seeking Alpha
Seeking Alpha Feb 01

Triple Flag: Another Record Year (Rating Upgrade)

Summary Triple Flag Precious Metals Corp. reported Q4 and FY2023 results, with sales marginally below guidance but well within the annual guidance range. Notably, Triple Flag also made some small additions to the portfolio on top of closing its MMX deal & is set up for another year of record cash flow in 2024. In this update, we’ll see if this pullback in Triple Flag stock is a buying opportunity and how its valuation stacks up after its sharp correction. Read the full article on Seeking Alpha
Seeking Alpha Nov 30

Triple Flag: Strong Uptrend With Bullish Gold Ahead

Summary Retail investors may want to consider buying shares of Triple Flag Precious Metals Corp. due to its well-positioned business in the gold market. The price of gold is expected to continue rising, reaching new highs in the coming months and years. Triple Flag's profitability and production of gold equivalent ounces are expected to increase, driving its share price higher. Read the full article on Seeking Alpha
Seeking Alpha Aug 30

Triple Flag: The Best Mid-Size Royalty Company Reasonably Priced

Summary Triple Flag is a well-diversified royalty and streaming company with a robust balance sheet and great management. The acquisition of Maverix creates one of the best mid-size royalty and streaming companies with 229 assets. I expect the gold price to move significantly north in the next 24 months and reach a range between 2,200 and 2,500 $/oz. Triple Flag is an excellent opportunity to bet on that scenario. Using net asset value and value per ounce, TFPM stock is overvalued. I prefer lower prices to buy more shares, but even that price is good for the initial tranche. That's why I give Triple Flag a buy rating. Read the full article on Seeking Alpha
Seeking Alpha Aug 14

Triple Flag: Another Record Quarter

Summary Triple Flag has reported another record quarter with record revenue and cash flow, as well as a dividend increase to $0.21 per annum. The company's Q2 results were boosted by strong performance from its smaller assets, helping to offset a weaker quarter at Cerro Lindo and Fosterville. Meanwhile, from a development standpoint, we continue to see solid results out of key assets like Hope Bay. In this update, I'll look at whether this sharp correction in Triple Flag has provided enough margin of safety to justify going long the stock. Read the full article on Seeking Alpha
Seeking Alpha May 26

Triple Flag: A Solid Q1 Despite Slow Start From Core-4 Assets

Summary Triple Flag released its Q1 results earlier this month, reporting record revenue, cash flow, and gold-equivalent ounce sales. This record performance was despite a slow start to 2023 from its core four assets, with the acquisition of MMX picking up the slack, plus higher deliveries from ATO. And while 2022 was a slower year due to lower silver prices and lower production at Fosterville, Triple Flag should see meaningful growth in GEO sales in 2023/2024. So, with a diversified portfolio of high-quality royalty/streaming assets, considerable exposure to silver relative to peers, and a team that consistently delivers on promises, I would expect further weakness in TFPM to provide a buying opportunity. Read the full article on Seeking Alpha

Financial Position Analysis

Short Term Liabilities: TFPM's short term assets ($242.2M) exceed its short term liabilities ($38.4M).

Long Term Liabilities: TFPM's short term assets ($242.2M) exceed its long term liabilities ($30.8M).


Debt to Equity History and Analysis

Debt Level: TFPM is debt free.

Reducing Debt: TFPM has no debt compared to 5 years ago when its debt to equity ratio was 26.7%.

Debt Coverage: TFPM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TFPM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/13 19:09
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rene CartierBMO Capital Markets Equity Research
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research