Business
Triple Flag Precious Metals Achieves 2023 GEOs Sales Guidance and Delivers Seventh Consecutive Annual GEOs Sales Record
TORONTO / Jan 17, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) annou
About this update from Triple Flag Precious Metals Corp.
[{"type":"text","content":"TORONTO / Jan 17, 2024 / Business Wire / Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced quarterly revenue of US$51.7 million for the fourth quarter of 2023 and annual revenue of US$204.0 million for full year 2023. These results represent metal sales of 26,243 gold equivalent ounces1 (“GEOs”) for the fourth quarter of 2023 and 105,087 GEOs for full year 2023, in line with guidance. All dollar amounts are expressed in US dollars. “Triple Flag has achieved GEOs sales guidance for 2023, which represents the seventh consecutive annual GEOs record for the Company and a compound annual growth rate in GEOs of more than 20% since 2017,” commented Shaun Usmar, CEO. “We expect this sector-leading organic growth profile to continue in accordance with our five-year outlook, supported by an active and actionable deal pipeline. As we enter 2024, Triple Flag is well-positioned to continue delivering shareholder value.” Preliminary FY2023 and Q4 2023 GEOs Sales and Revenue GEOs Sold and Revenue by Commodity2 FY2023 FY2022 GEOs Sold Revenue ($M) GEOs Sold Revenue ($M) Gold 61,251 119.0 44,786 80.5 Silver 38,983 75.5 34,052 61.1 Other 4,853 9.5 5,733 10.3 Total 105,087 204.0 84,571 151.9 Q4 2023 Q4 2022 GEOs Sold Revenue ($M) GEOs Sold Revenue ($M) Gold 14,997 29.5 11,199 19.3 Silver 9,883 19.5 12,684 21.9 Other 1,363 2.7 1,545 2.7 Total 26,243 51.7 25,428 43.9 Conference Call Details Triple Flag will release its Q4 2023 results on Wednesday, February 21, 2024, after market close. A conference call and live webcast presentation will be held the following day, February 22, 2024, starting at 10:00 a.m. ET (7:00 a.m. PT) to discuss these results. The live webcast can be accessed by visiting the Events and Presentations page on the Company’s website at: www.tripleflagpm.com. An archived version of the webcast will be available on the website for two weeks following the webcast. Live Webcast: https://events.q4inc.com/attendee/512901222 Dial-In Details: Toll-Free (U.S. & Canada): +1 (888) 330-2384 International: +1 (647) 800-3739 Conference ID: 4548984 Replay (Until March 7): Toll-Free (U.S. & Canada): +1 (800) 770-2030 International: +1 (647) 362-9199 Conference ID: 4548984 About Triple Flag Triple Flag is...