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Triple Flag Precious Metals ( (TSE:TFPM) ) just unveiled an update.
Triple Flag Precious Metals Corp. reported a record eighth consecutive year of gold equivalent ounces (GEOs) sales, achieving the upper half of its 2024 sales guidance with annual revenue of $269 million. The company experienced a 30% year-over-year increase in revenue for 2024, driven by higher gold grades at Northparkes and strong silver deliveries from Cerro Lindo, while maintaining shareholder value through reduced share issuance and increased GEOs sales and metal prices.
More about Triple Flag Precious Metals
Triple Flag Precious Metals Corp. operates in the precious metals streaming and royalty industry, focusing on the acquisition of streams and royalties in gold and silver, primarily in North America. The company has a strategic interest in key growth projects such as Northparkes, Cerro Lindo, Koné, Eskay Creek, and Hope Bay.
YTD Price Performance: 1.82%
Average Trading Volume: 202,467
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$4.51B
For a thorough assessment of TFPM stock, go to TipRanks’ Stock Analysis page.
