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 |