← Back

Triple Flag Precious Metals Corp

Triple Flag Precious Metals Corp. is a precious metals streaming and royalty company. It acquires and manages precious metals streams, royalties, and other mineral interests across Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its portfolio of streams and royalties provides exposure to copper, gold, silver, nickel, lead, lithium, and zinc. The company was founded in 2016 and is based in Toronto, Canada.

Country
Sector
Price · split & dividend adjusted
News & notes moving TFPM
TFPM

Elliott settles Triple Flag forward sale, sells 6,680 shares

Elliott Investment Management L.P. and its affiliates settled a previously announced variable price forward sale transaction involving shares of Triple Flag Precious Metals Corp. On June 30, 2026, Triple Flag Mining Aggregator S.à r.l. sold and delivered 6,680 common shares to Goldman Sachs International at a price of US$35.9131 per share, for an aggregate purchase price of US$239,899.51. Following the settlement, the Elliott group beneficially owns 133,241,535 shares, representing approximately 64.7% of Triple Flag's outstanding shares based on 205,994,812 shares outstanding as of May 26, 2026. The group stated it has no specific current plans to acquire or dispose of additional securities, but may do so in the future depending on market conditions.
Critical Materials & Supply Chain

BofA Reaffirms Buy on Triple Flag, Highlights Ravenswood Gold Stream Growth

BofA has reaffirmed its Buy rating on Triple Flag Precious Metals while lowering its price target to $39 from $40. The analyst highlighted that the company's newly announced gold stream on the long-life Ravenswood mine is expected to add about 11,000 ounces of annual gold production. Triple Flag's subsidiary agreed to acquire the stream for an upfront cash payment of $440 million, providing immediate cash flow and increased exposure to Queensland's largest gold mine. The Ravenswood Mine produced 134,000 ounces of gold in 2025 and is expected to exceed 200,000 ounces annually by 2028, with life-of-mine average costs ranking in the first half of the industry cost curve.
Insider Monkey·85dRead more →
Critical Materials & Supply Chain

Triple Flag Completes US$440 Million Gold Stream Acquisition on Ravenswood Gold Mine

Triple Flag Precious Metals has completed its acquisition of a US$440 million gold stream on the producing Ravenswood Gold Mine in Queensland, Australia. The company expects the mine to ramp up to over 200,000 ounces of gold per year by 2028, and has increased its 2030 production outlook to between 150,000 and 160,000 gold equivalent ounces. First delivery under the stream will begin in the third quarter of 2026. The transaction was previously announced on June 12, 2026.
Business Wire·85dRead more →