Basic Materials · Other Precious Metals
Price
$30.83
Market Cap
$6.4B
Employees
30
Beta
0.30
Avg Volume
625,495
CEO
Sheldon Vanderkooy
Business Description
Triple Flag Precious Metals Corp., a precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d’Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. The company has a portfolio of streams and royalties providing exposure to copper, gold, silver, nickel, lead, lithium, and zinc. The company was founded in 2016 and is based in Toronto, Canada.
Business History
Price Overview
Price at report time · Jul 2, 3:31pm (0m ago)
$31.03
Change · Jul 2
+0.85 (+2.80%)
Day Range
$30.64 – $31.46
52-Week Range
$22.60 – $41.70
50-Day MA
$31.20
200-Day MA
$32.88
Volume
952,660.00
Right now · live
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Real-time — the change above is the move since the report (over 0m).
Analyst Price Targets
Low
$43.00
Consensus
$43.00
High
$43.00
(4 analysts)
Share Structure
Outstanding
206,603,912.00
Float
202,638,236.00
Free Float
98.1%
High free float
— 98.1% of shares trade freely, ~1.9% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
20.61
Stock Price: $30.83
EPS (Diluted): 1.20
EPS (Diluted): 1.20
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.31
Stock Price: $30.83
Total Equity: $2.04B
Shares: 204,071,985
Total Equity: $2.04B
Shares: 204,071,985
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
15.57
Market Cap: $6.37B
Total Debt: $1.46M
Cash: $28.98M
EBITDA: $359.34M
Total Debt: $1.46M
Cash: $28.98M
EBITDA: $359.34M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$6.7B
Market Cap: $6.37B
Total Debt: $1.46M
Cash: $28.98M
Total Debt: $1.46M
Cash: $28.98M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
67.6%
Gross Profit: $267.19M
Revenue: $395.51M
Revenue: $395.51M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
59.3%
Operating Income: $234.62M
Revenue: $395.51M
Revenue: $395.51M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
61.7%
Net Income: $244.21M
Revenue: $395.51M
Revenue: $395.51M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
15.6%
Net Income: $244.21M
Total Equity: $2.04B
Total Equity: $2.04B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
11.6%
Operating Income: $234.62M
Tax Rate: 10.9%
Equity: $2.04B
Total Debt: $1.46M
Cash: $28.98M
Tax Rate: 10.9%
Equity: $2.04B
Total Debt: $1.46M
Cash: $28.98M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
3.92
Current Assets: $152.52M
Current Liabilities: $38.88M
Current Liabilities: $38.88M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.00
Short-Term Debt: $378,310
Long-Term Debt: $1.08M
Total Debt: $1.46M
Total Equity: $2.04B
Long-Term Debt: $1.08M
Total Debt: $1.46M
Total Equity: $2.04B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$1.94
Revenue: $395.51M
Shares: 204,071,985
Shares: 204,071,985
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$10.00
Total Equity: $2.04B
Shares: 204,071,985
Shares: 204,071,985
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.45
Operating CF: $315.20M
CapEx: -$222.45M
Shares: 204,071,985
CapEx: -$222.45M
Shares: 204,071,985
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.7%
Last Dividend: N/A
Stock Price: $30.83
Stock Price: $30.83
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $244.21M
Net Income: $244.21M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares TFPM against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 2, 2026 3:31pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $150.4M | $151.9M | $204.0M | $269.0M | $395.5M |
| Cost of Revenue | $67.2M | $64.9M | $101.9M | $38.2M | $128.3M |
| Gross Profit | $83.3M | $87.0M | $102.1M | $230.8M | $267.2M |
| Operating Expenses | $14.5M | $22.9M | $61.1M | $248.7M | $32.6M |
| Operating Income | $68.7M | $64.1M | $40.9M | -$18.0M | $234.6M |
| Net Income | $45.5M | $55.1M | $36.3M | -$23.1M | $244.2M |
| EBITDA | $112.5M | $113.6M | $109.2M | $205.0M | $359.3M |
| EPS | $0.31 | $0.35 | $0.18 | $-0.11 | $1.20 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 2, 2026 3:31pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $40.7M | $71.1M | $17.4M | $36.2M | $29.0M |
| Total Current Assets | $72.4M | $90.6M | $57.0M | $75.6M | $152.5M |
| Total Assets | $1.3B | $1.3B | $1.9B | $1.8B | $2.1B |
| Current Liabilities | $4.5M | $12.6M | $17.3M | $27.1M | $38.9M |
| Long-Term Debt | $0 | $0 | $57.0M | $0 | $1.1M |
| Total Liabilities | $8.8M | $18.6M | $83.7M | $34.3M | $68.1M |
| Total Equity | $1.3B | $1.3B | $1.8B | $1.7B | $2.0B |
| Retained Earnings | $40.3M | $63.7M | $46.8M | -$23.8M | $164.6M |
Cash Flow (Annual)
Last updated: Jul 2, 2026 3:31pm (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $120.0M | $118.4M | $154.1M | $213.5M | $315.2M |
| Capital Expenditure | -$51.3M | -$52.3M | -$190.9M | -$57.5M | -$222.4M |
| Free Cash Flow | $68.8M | $66.1M | -$36.8M | $156.0M | $92.8M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $2.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.7M | -$4.1M | -$20.7M | -$8.9M | -$9.2M |
| Net Change in Cash | $20.0M | $30.4M | -$53.7M | $18.9M | -$7.2M |
Analyst Estimates (Annual)
Last updated: Jul 2, 2026 3:31pm (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$580.5M $392.2M – $885.8M
|
$571.8M $566.7M – $576.8M
|
$529.3M $428.6M – $670.3M
|
$491.0M $397.6M – $621.9M
|
| EBITDA |
$429.8M $290.4M – $655.8M
|
$423.3M $419.6M – $427.1M
|
$391.8M $317.3M – $496.3M
|
$363.5M $294.4M – $460.4M
|
| Net Income |
$317.4M $262.2M – $372.6M
|
$348.1M $333.8M – $362.5M
|
$324.0M $243.9M – $436.3M
|
$373.9M $281.4M – $503.4M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 2, 2026 3:31pm (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +1.0% | +34.3% | +31.8% | +47.0% |
| Gross Profit Growth | +4.5% | +17.3% | +126.1% | +15.8% |
| Operating Income Growth | -6.7% | -36.2% | -143.9% | +1,404.6% |
| Net Income Growth | +21.0% | -34.1% | -163.6% | +1,157.9% |
| EBITDA Growth | +1.1% | -3.9% | +87.8% | +75.2% |
Dividend History (Last 20)
Last updated: Jul 2, 2026 3:31pm (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-01 | $0.06 | 2026-05-05 | 2026-06-01 | 2026-06-15 |
| 2026-03-02 | $0.06 | 2026-02-18 | 2026-03-02 | 2026-03-16 |
| 2025-12-01 | $0.06 | 2025-11-04 | 2025-12-01 | 2025-12-15 |
| 2025-09-02 | $0.06 | 2025-08-06 | 2025-09-02 | 2025-09-15 |
| 2025-05-30 | $0.06 | 2025-05-06 | 2025-05-30 | 2025-06-16 |
| 2025-03-03 | $0.06 | 2025-02-19 | 2025-03-03 | 2025-03-14 |
| 2024-11-29 | $0.06 | 2024-11-05 | 2024-11-29 | 2024-12-16 |
| 2024-08-30 | $0.06 | 2024-08-07 | 2024-08-30 | 2024-09-16 |
| 2024-05-31 | $0.05 | 2024-05-07 | 2024-05-31 | 2024-06-14 |
| 2024-03-01 | $0.05 | 2024-02-21 | 2024-03-04 | 2024-03-15 |
| 2023-11-29 | $0.05 | 2023-11-07 | 2023-11-30 | 2023-12-15 |
| 2023-08-30 | $0.05 | 2023-08-08 | 2023-08-31 | 2023-09-15 |
| 2023-05-30 | $0.05 | 2023-05-09 | 2023-05-31 | 2023-06-15 |
| 2023-03-02 | $0.05 | 2023-02-21 | 2023-03-03 | 2023-03-15 |
| 2022-11-29 | $0.05 | 2022-11-09 | 2022-11-30 | 2022-12-15 |
| 2022-08-30 | $0.05 | 2022-08-31 | 2022-09-15 | |
| 2022-05-27 | $0.05 | 2022-05-31 | 2022-06-15 | |
| 2022-03-03 | $0.05 | 2022-03-04 | 2022-03-15 | |
| 2021-11-29 | $0.05 | 2021-11-30 | 2021-12-15 | |
| 2021-08-30 | $0.05 | 2021-08-31 | 2021-09-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for TFPM — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.369 · ed375950 · 2026-07-02 14:37:41