Triple Flag Precious Metals (TSX: TFPM) this morning reported their preliminary second quarter results, highlighted by record revenues for the second quarter.
The company is reporting topline revenues of US$94.1 million for the quarter, as compared to US$82.2 million in revenues seen in the first quarter. The revenue figure follows metal sales of 28,682 gold equivalent ounces, which was down slightly from 28,761 gold equivalent ounces in the first quarter of 2025.
Broken out, metal sales amounted to 19,378 ounces of gold and 9,304 ounces of silver in Q2, versus 21,944 ounces of gold and 6,817 ounces of silver in the prior quarter.
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“Following a strong first half of the year, we remain on track to deliver our 2025 GEOs guidance of 105,000 to 115,000 ounces. We expect our transaction with Orogen Royalties to close imminently, which will result in Triple Flag’s acquisition of a 1.0% NSR royalty on AngloGold Ashanti’s Arthur gold project in Nevada,” commented CEO Sheldon Vanderkooy on the results.
Full financial results are scheduled to be released August 6 after market close.
Triple Flag Precious Metals last traded at $31.51 on the TSX.
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