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Triple Flag reports Q3 adjusted EPS 15c, consensus 14c
The Fly

Triple Flag reports Q3 adjusted EPS 15c, consensus 14c

Reports Q3 revenue $73.7M, consensus $70M. Reports Q3 production 29,773 ounces. “With record GEOs sales, record revenue and most importantly, record operating cash flow per share, I am very pleased to present our third quarter results to our shareholders. We are well on track to achieve guidance for 2024 of 105,000 to 115,000 GEOs. Our world-class portfolio has delivered over 70% year-on-year growth in operating cash flow per share within a strong precious metals price environment, driven by sales from our cornerstone assets Northparkes and Cerro Lindo. Towards the end of the third quarter, we were pleased that Triple Flag (TFPM) was included in the S&P/TSX Composite Index, enabling us to benefit from exposure to a broader investor base as well as greater liquidity and trading flexibility. As we conclude 2024, Triple Flag is well-positioned to continue delivering higher sales to drive increasing cash flow, accretive acquisitions, as well as a demonstrated commitment for returns to shareholders,” commented Sheldon Vanderkooy, CEO.

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