Record-Breaking Quarter
Triple Flag achieved a record quarter in Q2 2025 with sales nearly reaching 29,000 GEOs, resulting in record adjusted EBITDA of $76 million and record operating cash flow of USD 0.38 per share.
Successful Acquisitions
Maintained a solid pace of accretive acquisitions, including the Tres Quebradas lithium mine, Arcata and Azuca silver mines, and a 1.5% royalty on the Johnson Camp copper mine, all expected to deliver revenue in the second half of 2025.
Increase in Dividend
Announced a fourth consecutive annual increase of the dividend, up 5% to USD 0.23 on an annualized basis.
Strong Financial Position
Exited the quarter with zero debt and expected to be in a net cash position by the end of Q3 2025, with total liquidity available of nearly $1 billion.
Exploration Success at Beta Hunt
Westgold's Beta Hunt mine declared a maiden resource for the Fletcher zone of 2.3 million ounces, nearly doubling the total resource base with significant exploration potential.