Triple Flag Precious Metals (TFPM) AI Stock Analysis

• Market Cap: C$6.69B
• Dividend Yield: 0.94%
• Average Volume (3M): 182.15K
• Price to Earnings (P/E): 591.6
• Beta (1Y): 0.77
• Revenue Growth: 43.62%
• EPS Growth: -78.01%
• Country: CA
• Employees: 13
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Other Precious Metals
• EPS (TTM): 0.27
• Shares Outstanding: 206,495,360
• 10 Day Avg. Volume: 228,538
• 30 Day Avg. Volume: 182,146
• PEG Ratio: 7.03
• Price to Book (P/B): 2.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 39.79
• Enterprise Value/Market Cap: 0.70
• Enterprise Value/Revenue: 4.57
• Enterprise Value/Gross Profit: 27.45
• Enterprise Value/Ebitda: 20.82
• 1Y Price Target: C$37.94
• Price Target Upside: 15.11% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

• Rating: 71 Outperform
• Price Target: C$36.00 ▲(9.22%Upside)

Triple Flag Precious Metals is rated positively due to strong financial performance and strategic acquisitions, although a high P/E ratio raises valuation concerns. The company's robust cash flow and stable balance sheet are key strengths, while technical indicators suggest moderate market momentum.

Positive Factors

Commodity Prices

Gold and silver prices have continued to climb, benefiting Triple Flag's shares, which have gained significantly.

Portfolio Quality

Triple Flag has a good quality, long-life portfolio with royalties and streams on assets that are generally seen as low-cost and in stable jurisdictions.

Negative Factors

Production Growth

Near-term production growth is seen as more limited for Triple Flag.

Stock Valuation

Shares of Triple Flag are trading at a premium on NAV relative to other mid-cap royalty peers, which may limit their attractiveness compared to competitors.

Triple Flag Precious Metals Business Overview & Revenue Model

Company Description

Triple Flag Precious Metals (TFPM) is a leading precious metals streaming and royalty company headquartered in Canada. The company primarily operates in the mining sector, focusing on acquiring and managing a diversified portfolio of streams and royalties linked to gold, silver, and other precious metals. TFPM partners with mining companies to provide upfront capital in exchange for the right to purchase a fixed percentage of the mine's production at a predetermined price, which typically remains lower than the market value.

How the Company Makes Money

Triple Flag Precious Metals makes money through streaming and royalty agreements. In a streaming agreement, TFPM provides mining companies with capital in return for the right to purchase a portion of their precious metals production at a fixed, lower-than-market price. This allows TFPM to benefit from the sale of these metals at market rates, capturing the difference as profit. In royalty agreements, TFPM earns a percentage of the revenue or profit generated from the production of a mine, which creates a passive income stream for the company. These agreements are often long-term, providing TFPM with sustained revenue over the life of the mine. The company's earnings are significantly influenced by the performance of the mines in which it holds interests, as well as fluctuations in global precious metal prices.

Triple Flag Precious Metals Financial Statement Overview

Summary

Triple Flag Precious Metals shows strong revenue growth and cash flow generation, with a stable balance sheet due to minimal leverage. However, net profit margin and ROE are areas for improvement.

Income Statement

Triple Flag Precious Metals has demonstrated strong revenue growth with a notable increase from $151.9M in 2022 to $293.7M TTM. Gross profit margin remains robust at 58.5% TTM, although net profit margin is low at 1.7% due to modest net income. EBITDA margin is healthy at 54.7%, indicating effective cost management despite volatile EBIT performance.

Balance Sheet

The company exhibits a strong equity position with a debt-to-equity ratio of 0.001, reflecting minimal leverage. ROE is weak at 0.3% TTM, pointing to limited returns on equity investments. The equity ratio stands at a solid 98.2%, underscoring financial stability and low risk.

Cash Flow

Operating cash flow is strong at $240.5M TTM, indicating robust cash generation. Free cash flow improved significantly from -$36.8M in 2023 to $117.3M TTM. The operating cash flow to net income ratio is high at 47.98, indicating efficient cash conversion, though free cash flow growth has been inconsistent over the years.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	268.99M	204.02M	151.88M	150.42M	112.59M
Gross Profit	230.76M	167.18M	87.00M	83.25M	50.10M
EBITDA	68.75M	109.19M	118.17M	123.48M	96.16M
Net Income	-23.08M	36.28M	55.09M	45.53M	55.56M
Balance Sheet
Total Assets	1.77B	1.89B	1.34B	1.30B	1.30B
Cash, Cash Equivalents and Short-Term Investments	39.26M	23.63M	76.47M	54.34M	38.50M
Total Debt	1.69M	59.15M	1.92M	1.13M	276.38M
Total Liabilities	34.26M	83.72M	18.55M	8.79M	281.98M
Stockholders Equity	1.74B	1.81B	1.32B	1.29B	1.02B
Cash Flow
Free Cash Flow	156.01M	-36.76M	66.10M	68.75M	-645.30M
Operating Cash Flow	213.50M	154.14M	118.38M	120.02M	84.38M
Investing Cash Flow	-81.96M	-212.98M	-48.92M	-48.15M	-651.65M
Financing Cash Flow	-112.60M	5.12M	-38.75M	-51.84M	577.13M

Triple Flag Precious Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 32.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TFPM, the sentiment is Positive. The current price of 32.96 is above the 20-day moving average (MA) of 32.35, above the 50-day MA of 31.71, and above the 200-day MA of 26.43, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 55.71 is Neutral, neither overbought nor oversold. The STOCH value of 62.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TFPM.

Triple Flag Precious Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TFPM	71 Outperform	C$6.69B	591.61	0.44%	0.94%	43.62%	-78.01%
EMPR	70 Outperform	$111.10M	40.09	11.71%	―	131.61%	―
VOXR	69 Neutral	$228.40M	―	-4.04%	0.36%	-8.92%	-976.19%
GMIN	53 Neutral	$3.97B	50.07	8.90%	―	―	―
Sector *	44 Neutral	C$992.55M	-6.64	-13.73%	1.83%	17.55%	-32.57%
SLS	31 Underperform	$1.15B	―	-9999.00%	―	―	-69.63%

Triple Flag Precious Metals Corporate Events

Triple Flag Completes Acquisition of Orogen Royalties

Triple Flag Precious Metals has completed the acquisition of Orogen Royalties, including a 1.0% net smelter returns royalty on the Arthur Gold Project in Nevada, enhancing its portfolio with a high-quality gold asset. The acquisition, valued at C$171.5 million in cash and 5,633,629 Triple Flag shares, positions Triple Flag for long-term growth and exploration potential, while its C$10 million investment in Orogen Spinco provides exposure to early-stage royalties and collaboration with a proven management team.

The most recent analyst rating on (TSE:TFPM) stock is a Buy with a C$30.00 price target. To see the full list of analyst forecasts on Triple Flag Precious Metals stock, see the TSE:TFPM Stock Forecast page.

Triple Flag Reports Record Q2 2025 Revenue and Strategic Acquisition

Triple Flag Precious Metals Corp. reported record revenue of $94.1 million for Q2 2025, driven by strong performance from Northparkes and sales of 28,682 gold equivalent ounces. The company is on track to meet its 2025 guidance of 105,000 to 115,000 GEOs and anticipates closing a transaction with Orogen Royalties, acquiring a 1.0% NSR royalty on AngloGold Ashanti’s Arthur gold project in Nevada, which is expected to enhance long-term growth.

The most recent analyst rating on (TSE:TFPM) stock is a Buy with a C$30.00 price target. To see the full list of analyst forecasts on Triple Flag Precious Metals stock, see the TSE:TFPM Stock Forecast page.

Triple Flag Elects Directors and Secures Shareholder Support

Triple Flag Precious Metals Corp. announced the successful election of all nine nominated directors at its Annual Meeting of Shareholders. The meeting also saw the approval of PricewaterhouseCoopers LLP as the company’s auditor and a favorable vote on the ‘Say-on-Pay’ advisory resolution regarding executive compensation. These developments reflect strong shareholder support and are likely to positively impact the company’s governance and operational strategies.

Triple Flag Announces Q2 2025 Dividend

Triple Flag Precious Metals Corp. announced a cash dividend of US$0.055 per common share, to be paid on June 16, 2025, for shareholders of record by May 30, 2025. This dividend declaration reflects the company’s ongoing commitment to returning value to its shareholders and may enhance its attractiveness to investors seeking stable income from precious metals investments.

Triple Flag Precious Metals Announces Strategic Development

Triple Flag Precious Metals has announced a significant development in its operations, which is expected to enhance its market position and operational efficiency. This announcement is likely to have a positive impact on the company’s stakeholders, as it reflects a strategic move to strengthen its industry standing.

Triple Flag Expands Credit Facility to $1 Billion, Enhancing Growth Potential

Triple Flag Precious Metals Corp. has announced an increase in its revolving credit facility to $1 billion with improved terms, reflecting the company’s growth and strong financial outlook. This enhanced credit facility, led by major banks, provides Triple Flag with significant capital to pursue growth opportunities, strengthening its position in the precious metals industry.