Triple Flag's revenue up 46% in third quarter on higher gold equivalent sales

Thu Oct 12 2023

Triple Flag Precious Metals (TSX: TFPM) (NYSE: TFPM) yesterday announced Q3 2023 revenue of US$49.4 million (Q3 2022: US$33.8 million), translating to metal sales of 25,629 gold equivalent ounces (Q3 2022: 19,523 ounces).

In a press release, the company said it is on track to achieve its sales guidance for 2023 of 100,000 to 115,000 gold equivalent ounces.

Triple Flag is a pure play, precious-metals-focused streaming and royalty company. The company offers bespoke financing solutions to the metals and mining industry with exposure primarily to gold and silver in the Americas and Australia, with a total of 232 assets, including 14 streams and 218 royalties.

Source: https://www.kitco.com