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 ...

Financial Performance - In 2023, Triple Flag's revenue reached $204 million, a 34% increase from $152 million in 2022[98] - Adjusted EBITDA for 2023 was $159 million, up from $119 million in 2022, reflecting a 33% growth[105] - The company reported adjusted net earnings of $61 million in 2023, compared to $58 million in 2022, indicating a 5% increase[105] - Revenue for Q4 2023 was $51,739 thousand, up 17.5% from $43,886 thousand in Q4 2022; full-year revenue increased 34.4% to $204,024 thousand from $151,885 thousand[117] - Gross profit for Q4 2023 was $26,447 thousand, a 8.1% increase from $24,458 thousand in Q4 2022; full-year gross profit rose 17.3% to $102,076 thousand from $87,004 thousand[117] - Net earnings for Q4 2023 were $9,755 thousand, down 37.0% from $15,460 thousand in Q4 2022; full-year net earnings decreased 34.1% to $36,282 thousand from $55,086 thousand[117] - Adjusted net earnings for Q4 2023 were $17,754 thousand, slightly up from $17,429 thousand in Q4 2022; full-year adjusted net earnings increased 8.3% to $66,267 thousand from $61,012 thousand[117] - Net earnings for 2023 were $36.3 million, a decrease of 34.2% from $55.1 million in the prior year, primarily due to higher impairment charges and finance costs[251] Commodity Prices - The average gold price in 2023 was $1,941 per ounce, an 8% increase compared to $1,800 per ounce in 2022[110] - The average silver price in 2023 was $23.35 per ounce, a 7% increase from $21.73 per ounce in 2022[114] - As of December 31, 2023, the gold price was $2,078 per ounce, marking a 14% increase from the same period in the previous year[112] Asset Management - The company has a diversified portfolio of 235 assets, including 32 producing assets and 203 in development and exploration[107] - The company aims to enhance portfolio quality through accretive investments while managing capital structure effectively[107] - The company maintained an asset margin of 90% for the year[117] Production and Sales - The company achieved 105,087 GEOs in 2023, exceeding the guidance of 100,000 to 115,000 GEOs[120] - The company sold 26,243 GEOs in Q4 2023, a 3% increase from 25,428 GEOs sold in Q4 2022, primarily due to assets from the Maverix acquisition[147] - For the year 2023, the company achieved a record sale of 105,087 GEOs, representing a 24% increase from 84,571 GEOs sold in 2022[148] - The company reported gold revenue of $29.568 million in Q4 2023, up from $19.328 million in Q4 2022, and $119.041 million for the year, compared to $80.533 million in 2022[143] - Silver revenue for Q4 2023 was $19.484 million, down from $21.892 million in Q4 2022, while annual silver revenue increased to $75.554 million from $61.051 million[143] Acquisitions - The acquisition of Maverix closed on January 19, 2023, for $86.7 million and 45,097,390 common shares, with mineral interests valued at $587.8 million[155] - The company acquired a 1.5% gross revenue royalty on the Johnson Camp Mine for $5.5 million in cash on November 30, 2023[150] - An additional 2.65% net smelter returns gold royalty was acquired from Stawell Gold Mines for $16.6 million on September 25, 2023[151] - The company acquired a 2.5% NSR royalty on the Agbaou gold mine for $15.5 million on June 23, 2023[152] - The company completed the acquisition of 80% interest in Northparkes by Evolution Mining on December 18, 2023[178] Financial Position - Total assets increased to $1,894.5 million as of December 31, 2023, from $1,337.0 million as of December 31, 2022, primarily due to assets acquired from the Maverix acquisition[210] - Total liabilities rose to $83.7 million as of December 31, 2023, compared to $18.6 million as of December 31, 2022, largely due to net drawdown from the Credit Facility for the Maverix acquisition[213] - Total shareholders' equity increased to $1,810.7 million as of December 31, 2023, from $1,318.5 million as of December 31, 2022, reflecting additional equity issued and income generated during the period[215] Cash Flow and Expenses - Operating cash flow for 2023 was $154.1 million, an increase of 30.2% from $118.4 million in 2022, driven by higher cash flows from interests acquired through the Maverix acquisition[277] - Finance costs for 2023 were $4.1 million, up from $1.4 million in the prior year, primarily due to higher interest charges on a drawn balance of the Credit Facility[249] - General administration costs for the year ended December 31, 2023, were $20.1 million, compared to $15.5 million in the prior year, driven by higher employee and public company costs[243] - The expected credit loss provision for the three months ended December 31, 2023, was $8.7 million, compared to nil for the same period in the prior year[234] - Cash and cash equivalents at the end of the period for 2023 were $17.4 million, a decrease from $71.1 million at the end of 2022[273] Future Guidance - 2024 guidance includes GEOs of 105,000 to 115,000, depletion of $70 million to $80 million, and general administration costs of $23 million to $24 million[123] - The company expects Phase 2 at ATO to generate 1,237,000 ounces of gold equivalent over 12 years, averaging over 100,000 ounces per annum[191] - The company expects to spend $12 million on exploration at Young-Davidson in 2024, up from $8 million in 2023, indicating ongoing exploration success[206]

Exhibit 99.1 Management Proxy Circular Triple Flag Precious Metals Corp. Annual Meeting of Shareholders May 8, 2024 This document contains: Notice of Annual Meeting of Shareholders Management Proxy Circular LETTER FROM THE CHAIR It gives me great pleasure to look back and reflect on what Triple Flag has accomplished in 2023. Triple Flag's track record of growth and performance in 2023 was highlighted by the closing of the Maverix Metals acquisition followed by the successful integration of that business. Th ...

Triple Flag Precious Metals Corp. (NYSE:TFPM) Q4 2023 Earnings Conference Call February 22, 2024 9:00 AM ET Company Participants Shaun Usmar - CEO Sheldon Vanderkooy - CFO James Dendle - SVP of Corporate Development Conference Call Participants Cosmos Chiu - CIBC Capital Markets Tanya Jakusconek - Scotiabank Operator Ladies and gentlemen, good morning. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Triple Flag Fourth Quarter and Full Y ...