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Triple Flag Precious Metals Corp. (T:TFPM)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: TD Canada Trust Tower
161 Bay Street, Suite 4535
Toronto ON M5J 2S1
Tel: 1-416-3049770
Website: https://www.tripleflagpm.com
IR: See website
Key People
Shaun A. Usmar
Chief Executive Officer, Director
Sheldon Alexander Vanderkooy
Chief Financial Officer
James Dendle
Senior Vice President - Corporate Development
Eban Bari
Vice President - Finance
Katy Board
Vice President - Talent and ESG
C. Warren Beil
General Counsel
Leshan Daniel
Managing Director - Finance
   
Business Overview
Triple Flag Precious Metals Corp. is a gold-focused, streaming and royalty company. The Company offers bespoke financing solutions to the metals and mining industry, primarily for gold and silver in the Americas and Australia, with a total of 229 assets, including 15 streams and 214 royalties. It has a diversified portfolio of properties in Australia, Canada, Colombia, Mexico, Mongolia, Peru, South Africa and the United States. The Company's producing streams and royalties include Northparkes, Cerro Lindo, Altan Tsagaan Ovoo, RBPlat, Buritica, Auramet, Renard, Fosterville, Young-Davidson, Dargues, Eagle River, Hemlo, Henty, Stawell and others. Its diversified portfolio of streams and royalties provides exposure to production from a suite of long-life mining assets, including the Northparkes copper-gold mine in Australia (CMOC), the Cerro Lindo polymetallic mine in Peru (Nexa), the Fosterville gold mine in Australia (Agnico Eagle), the Buritica gold mine in Colombia (Zijin) and others.
Financial Overview
For the fiscal year ended 31 December 2023, Triple Flag Precious Metals Corp revenues increased 34% to $204M. Net income decreased 34% to $36.3M. Revenues reflect Gold segment increase of 49% to $74.7M, Royalty Interests segment increase of 63% to $46.9M, United States segment increase from $1.6M to $26.4M, Australia segment increase of 14% to $54.1M. Net income was offset by Impairment charges increase from $3.6M to $27.1M (expense).
Employees: 13 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $4,182M as of Dec 31, 2023
Annual revenue (TTM): $279.47M as of Dec 31, 2023
EBITDA (TTM): $181.76M as of Dec 31, 2023
Net annual income (TTM): $49.70M as of Dec 31, 2023
Free cash flow (TTM): -$106.94M as of Dec 31, 2023
Net Debt Last Fiscal Year: $38.11M as of Dec 31, 2023
Shares outstanding: 201,070,862 as of Mar 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization