| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 31 | 16.9x | 17.8x | Bottom tier | |
Growth | 94 | 50.6% | 7.1% | Top tier | |
Quality | 73 | 12.9% | 4.5% | Top tier | |
Safety | 78 | 0.5x | 2.6x | Top tier | |
Capital Return | 25 | — | 2.12% | Bottom tier | |
Momentum | 46 | 21.9% | 2.9% | Around median | |
Sentiment | 85 | 6 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Triple Flag Precious Metals Corp. operates under a metal streaming and royalty agreement model, giving it a share of mine production or revenue without bearing the full costs of operating and developing the mines. On August 6, 2026, the company said its portfolio comprised 242 streaming and royalty agreements, including 36 producing assets, with approximately 90% exposure to gold and silver. Revenue and cash flows benefit directly from metal prices, while growth-driving assets include Northparkes, Ravenswood, Hope Bay, Arthur, and Kemess.
In Q2 FY2026, the company sold 28,700 gold equivalent ounces, bringing the first-half total to approximately 59,000 ounces. Adjusted earnings before interest, taxes, depreciation, and amortization reached $117 million, and operating cash flow exceeded $100 million, while operating cash flow per share increased 42% year over year to $0.54 from $0.38. Adjusted earnings per share also rose 63%, and adjusted earnings before interest, taxes, depreciation, and amortization increased 54% year over year, reflecting the translation of higher gold and silver prices into cash flows through the high-margin revenue model.
The latest EDGAR filings provided, covering Q2 FY2025, show revenue of $94.1 million and gross profit of $62.3 million, equivalent to a calculated gross margin of approximately 66.2%. Net income was $55.7 million, and earnings per share were $0.28, compared with revenue of $63.6 million, a net loss of $111.4 million, and negative earnings per share of $0.55 in Q2 FY2024. The data do not include a complete financial breakdown of revenue by asset or metal, but they confirm that gold and silver form the core of the portfolio mix.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average target of $39.5 and an extremely narrow range of $39 to $40; the average is below the 52-week high of $41.70 and above its low of $26.61. A price-to-earnings ratio is not available in the data, so the stock’s valuation depends more heavily on growth in cash flow per share, achievement of the 100,000–110,000-ounce guidance for FY2026, and the ability of new assets to support the 150,000–160,000-ounce outlook for 2030. The positive consensus is counterbalanced by the risk that the targets are too tightly clustered to reflect wide variation in growth-project outcomes or metal prices.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
The immediate driver is higher equivalent-ounce sales and the addition of the Ravenswood stream equivalent to 5.5% of gold. The company sold 28,700 equivalent ounces in Q2 FY2026, bringing the first-half total to approximately 59,000 ounces. After closing the Ravenswood transaction and beginning deliveries in July 2026, management raised annual guidance to 100,000–110,000 ounces and said it was targeting the upper half of the range.
Triple Flag paid $440 million for a stream equivalent to 5.5% of Ravenswood’s gold in Queensland. The asset began delivering gold in July 2026, and the mine targets annual production exceeding 200,000 ounces by 2028 after completing its operational ramp-up and the Southfield projects. The company also said the mine has operated since 1987 and produced four million ounces since its discovery, and that reserve additions since 2020 amounted to approximately 800,000 ounces against depletion of 600,000 ounces.
The company raised its 2030 outlook to 150,000–160,000 equivalent ounces, compared with guidance of 100,000–110,000 ounces for FY2026. Hope Bay supports this trajectory with a plan to produce 400,000–435,000 gold ounces annually at the mine level and begin production in 2030, and Triple Flag holds a 1% net smelter return royalty on it. The next phase includes Arthur, Kemess, and Northparkes, where a mill expansion to at least ten million tonnes annually is under study, while the preliminary Kemess assessment targets production in 2031.
The company exited Q2 FY2026 with available liquidity exceeding $1.1 billion despite spending $440 million on Ravenswood and repurchasing $20 million of shares. It generated more than $100 million in operating cash flow during the quarter and expects to repay borrowings under the credit facility quickly during 2027 if metal prices remain at assumed levels. It also raised the annual dividend by 4% to $0.24 per share, marking its fifth consecutive annual increase since its 2021 listing.
The first is execution of the growth projects, because Hope Bay targets production startup in 2030 and Kemess in 2031, while the Northparkes expansions and Arthur studies remain in the development and permitting stages. The second is Ravenswood’s ramp-up toward annual production exceeding 200,000 ounces by 2028, as capital projects to open the Southfield pits are still underway. The Cerro Lindo stream also declined in April 2026, while the $10.5 million of quarterly Impala revenue included a delivery carried over from the previous quarter.
In Q2 FY2025, Triple Flag recorded revenue of $94.1 million and gross profit of $62.3 million, equivalent to a calculated gross margin of approximately 66.2%. Net income was $55.7 million, and earnings per share were $0.28. This compares with a net loss of $111.4 million and negative earnings per share of $0.55 in Q2 FY2024, when revenue was $63.6 million.
