https://newsletter-mw.creamermedia.com

Precious metals streamer Triple Flag boasts record Q1 cash flow of $113m

Northparkes mine, in Australia

Northparkes mine, in Australia

6th May 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX- and NYSE-listed streaming and royalty company Triple Flag Precious Metals Corporation delivered a record operating cash flow of $113-million in the first quarter of the year, on the back of record 30 166 gold-equivalent ounces (GEOs) having been sold.

The group’s net earnings per share (EPS) amounted to $0.57 apiece, or $116-million, which compares to net EPS of $0.23 apiece, or $45.5-million, in the same quarter last year.

Triple Flag’s operating cash flow and sales were $65.9-million and 28 761 GEOs, respectively, in the first quarter of last year.

Adjusted earnings before interest, taxes, depreciation and amortisation were $128-million in the quarter under review, compared with $70.7-million in the prior comparable quarter.

In particular, the company sold 18 249 oz of gold and 11 567 oz of silver in the quarter under review. Triple Flag has streaming agreements in Australia, Latin America, North America and Africa.

The group declared a quarterly cash dividend of $0.0575 apiece.

CEO Sheldon Vanderkooy says the strong cash flow generation in the quarter and the group’s $1.1-billion of available liquidity bodes well for advancing an active deal pipeline.

Triple Flag entered into an agreement with Evolution Mining during the reporting quarter to unlock the new gold-dominant E44 deposit at the Northparkes operation, in Australia’s New South Wales, underpinned by guaranteed minimum gold and silver deliveries.

Together with a potential mill expansion to more than 10-million tonnes a year, this development will deliver significant value for shareholders, Vanderkooy confirms.

Triple Flag also recently completed the acquisition of a 3% gross royalty on the Gunnison copper project, in Arizona, which provides the company with additional exposure to copper in the US.

Triple Flag remains on track to achieve its full-year sales guidance of between 95 000 and 105 000 GEOs, ahead of a 2030 target of between 140 000 and 150 000 GEOs.

 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 01 May 2026
Magazine round up | 01 May 2026
1st May 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.365s - 106pq - 2rq
Subscribe Now