Triple Flag Precious Metals Corp. reported record operating cash flow per share of $0.38 for the second quarter of 2025, a significant increase from $0.25 in Q2 2024. Revenue for the quarter reached $94.1 million, up from $63.6 million in the prior year.
Net earnings for Q2 2025 were $55.7 million, or $0.28 per share, a substantial turnaround from a net loss of ($111.4 million), or ($0.55) per share, in Q2 2024. Adjusted net earnings were $47.9 million, or $0.24 per share. Adjusted EBITDA was $76.2 million, with an asset margin of 92%.
The company announced its fourth consecutive annual 5% increase to its quarterly dividend, raising the payout to US$0.0575 per common share, resulting in an annualized dividend of US$0.23 per share. This demonstrates a consistent commitment to shareholder returns.
Triple Flag remains on track to deliver its 2025 guidance of 105,000 to 115,000 GEOs. Key catalysts for the second half of 2025 include the commencement of production at the Johnson Camp Mine, Arcata, and Tres Quebradas, along with development progress at Northparkes, Koné, Hope Bay, and Arthur gold projects.
The acquisition of a 1.0% NSR royalty on the world-class Arthur gold project was completed in early July, further enhancing long-term growth potential. Additionally, an extra 1.5% gross revenue royalty over the Johnson Camp Mine in Arizona was acquired during the quarter, with first copper sales expected in Q3 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.