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Triple Flag Precious Metals Corp. (TSE:TFPM)
:TFPM
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.24Last Year’s EPS
0.13Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 10, 2021
|% Change Since: -4.86%
|Next Earnings Date:Aug 10, 2021
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance by Triple Flag with record production and sales, significant increases in operating cash flow, and notable achievements across its portfolio. The company also highlighted its robust financial position and strategic inclusion in the S&P/TSX Composite Index. Despite a minor net debt position, the overall outlook remains positive with substantial growth potential.Company Guidance
During the Triple Flag Precious Metals Q3 2024 earnings call, the company provided several key metrics and guidance updates. They reported record sales of nearly 30,000 gold equivalent ounces (GEOs), positioning them to achieve the top half of their 2024 production guidance of 105,000 to 115,000 ounces. Operating cash flow per share saw a substantial increase of over 70% compared to the prior period, driven by high production and gold prices. The company's balance sheet showed a small net debt position of $11 million, with current available liquidity of nearly $690 million. Looking ahead, Triple Flag expects production to reach between 135,000 to 145,000 GEOs by 2028, highlighting a strong growth trajectory. Additionally, the company emphasized its focus on asset diversification, with 80% of its revenues derived from Australia and the Americas, and a significant 100% portfolio exposure to precious metals, with silver accounting for approximately 30%.Record Production and Sales
Triple Flag delivered a record sales volume of nearly 30,000 gold equivalent ounces (GEOs) in Q3, placing the company on track to achieve the top half of its 2024 production guidance of 105,000 to 115,000 ounces.
Significant Increase in Operating Cash Flow
Operating cash flow per share increased over 70% compared to the prior period, driven by record production, record gold prices, and stable margins.
Portfolio Achievements and Milestones
Cerro Lindo delivered robust year-over-year production; Orla Mining increased its production guidance for Camino Rojo; Montage Gold fully permitted and financed the Koné project; Westgold announced exceptional exploration results from the Fletcher Zone of Beta Hunt.
Strong Financial Position
Exited the quarter with a small net debt position of $11 million, following drawdowns on the credit facility for acquisitions, supported by robust cash flows and $690 million of available liquidity.
Inclusion in the S&P/TSX Composite Index
Triple Flag was added to the S&P/TSX Composite Index, enhancing exposure to a broader investor base and increasing liquidity and trading.
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TSE:TFPM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TFPM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | C$23.86 | C$23.87 | +0.04% |
| Aug 07, 2024 | C$19.65 | C$20.31 | +3.36% |
| May 07, 2024 | C$22.30 | C$21.73 | -2.56% |
| Feb 21, 2024 | C$16.58 | C$16.41 | -1.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Triple Flag Precious Metals Corp. (TSE:TFPM) report earnings?
Triple Flag Precious Metals Corp. (TSE:TFPM) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Triple Flag Precious Metals Corp. (TSE:TFPM) earnings time?
Triple Flag Precious Metals Corp. (TSE:TFPM) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TFPM EPS forecast?
TSE:TFPM EPS forecast for the fiscal quarter 2024 (Q4) is 0.24.
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