Shares of Triple Flag Precious Metals (TFPM) have gained 0.1% over the past four weeks to close the last trading session at $16.59, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $21.99 indicates a potential upside of 32.6%. The average comprises 11 short-term price targets ranging from a low of $17.03 to a high of $34, with a standard deviation of $4.93. While the lowest estim ...

Triple Flag Precious Metals (TFPM) closed the last trading session at $17.26, gaining 8.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $21.79 indicates a 26.3% upside potential. The average comprises 11 short-term price targets ranging from a low of $17.03 to a high of $34, with a standard deviation of $4.97. While the lowest estimate indicates a decline of 1.3% from the curren ...

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Financial Performance - Q2 2024 GEOs reached 27,192, a 2% increase compared to 26,616 in Q2 2023[15] - Adjusted EBITDA increased by 26% to $52961000 in Q2 2024, compared to $42053000 in Q2 2023[15] - Operating cash flow per share increased by 25%[15] - The company maintains a strong asset margin of 92% in Q2 2024, compared to 91% in Q2 2023[15] Growth and Acquisitions - The company is on track to achieve 2024 guidance of 105000-115000 GEOs[13] - The company anticipates a 2028E GEOs outlook of 135000-145000[13] - The company acquired an additional royalty interest in Tamarack for $8 million[13] - New gold streams on Agbaou and Bonikro mines were secured for $53 million[13] Dividends and Capital Allocation - The dividend increased by 5% to US$022 per share annualized[13] - The company has approximately $700 million in available liquidity[36] Agbaou / Bonikro Gold Streams - The company invested $53 million in 3% gold streams on Agbaou and Bonikro[29] - Minimum stream deliveries from 2024 to 2027 are projected at approximately 2500-2750 ounces annually for Agbaou and approximately 3500-4250 ounces annually for Bonikro[29]

The price trend for Triple Flag Precious Metals (TFPM) has been bearish lately and the stock has lost 5.9% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the ...

The mean estimate comprises 11 short-term price targets with a standard deviation of $4.84. While the lowest estimate of $17.03 indicates a 10.3% increase from the current price level, the most optimistic analyst expects the stock to surge 120.2% to reach $34. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. However, an impressive consensus price target is not the on ...

Triple Flag Precious Metals (TFPM) closed the last trading session at $15.65, gaining 1.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $20.24 indicates a 29.3% upside potential. While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decis ...

Q1 2024 Financial Performance - Triple Flag achieved record quarterly GEOs and financial results in Q1 2024[21] - Adjusted EBITDA increased by 22% to $48 million in Q1 2024 compared to $39436 in Q1 2023[24, 39] - Revenue increased by 14% to $57528 in Q1 2024 compared to $50269 in Q1 2023[24, 39] - GEOs increased by 4% to 27794 in Q1 2024 compared to 26599 in Q1 2023[24, 39] - Asset margin was 92% in Q1 2024, compared to 88% in Q1 2023[39] Asset Contributions - Northparkes delivered 63 koz GEOs in Q1 2024, benefiting from high-grade E31 deposits[10, 46] - Kensington NSR royalty commenced paying in Q1 2024[10, 34] - Kensington's 125% NSR royalty is expected to extend the mine life beyond five years by the end of 2024[34, 60] - Kensington generated $58 million in revenue with GEOs increased nearly 90% quarter-on-quarter to 63 koz in Q1 2024[37] Portfolio and Strategy - Triple Flag maintains a diversified revenue stream, with 64% from gold and 34% from silver in Q1 2024[27] - The company's portfolio is geographically diversified, with 89% of revenue from Australia and the Americas in Q1 2024[28] - Triple Flag reaffirms its 2024 GEOs guidance of 105 to 115 koz[10, 48] - The company has approximately $670 million in available liquidity[49]

Triple Flag Precious Metals Corp. (NYSE:TFPM) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Shaun Usmar - Chief Executive Officer Sheldon Vanderkooy - Chief Financial Officer James Lill - Director, Mining Conference Call Participants Cosmos Chiu - CIBC Greg Barnes - TD Securities Tanya Jakusconek - Scotiabank Lawson Winder - Bank of America Securities Brian MacArthur - Raymond James John Tumazos - Very Independent Research Operator Hello and thank you for standing by. At this ...

Exhibit 99.2 Unaudited Condensed Interim Consolidated Financial Statements of Triple Flag Precious Metals Corp. For the three months ended March 31, 2024 (Expressed in United States Dollars) Triple Flag Precious Metals Corp. Condensed Interim Consolidated Balance Sheets | | | As at March 31, | | As at December 31, | | --- | --- | --- | --- | --- | | ($US thousands) (Unaudited) | 2024 | | 2023 | | | ASSETS | | | | | | Cash and cash equivalents | $ | 29,361 | $ | 17,379 | | Amounts receivable and prepaid expe ...