Triple Flag Precious Metals

Triple Flag reported preliminary Q2 2026 revenue of $129.2 million from the sale of 28,674 gold-equivalent ounces (GEOs). Cost of sales before impairments was about $25 million, and the trailing twelve-month gross margin was 88%. Gold generated $81.9 million and silver $44.4 million; the company also closed the $440 million gold stream for Ravenswood and repurchased $20 million of shares. Triple Flag reaffirmed its 2026 guidance of 100,000–110,000 GEOs, reported over $1 billion of available liquidity and a current ratio of 6.31; full results to follow on August 5. » Więcej na de.investing.com

Triple Flag agreed with Steppe Gold to settle outstanding delivery obligations: the company received several deliveries of gold and silver and agreed to fixed quarterly gold deliveries totaling 34,770 ounces over ten years plus a production participation starting in 2037. The obligations are secured by the ATO mine and guarantees from Steppe and Boroo Gold. Because of the agreement and expected deliveries in the second half of the year, Triple Flag raised its 2026 forecast to 100,000–110,000 gold equivalent ounces. » Więcej na de.investing.com

Triple Flag Precious Metals increased its revolving credit facility from $700 million to $1,000 million; the four‑year facility runs until May 2030. The facility retains an uncommitted accordion option of up to $300 million. Interest rates range, depending on leverage, from SOFR plus 1.325% to 2.75%; the lowest margin was reduced by 12.5 basis points. A banking syndicate led by National Bank Capital Markets, Bank of Nova Scotia and CIBC provides the facility, and National Bank of Canada is administrative agent. Triple Flag reports strong liquidity (current ratio 6.31) and a gross profit margin of 88%. » Więcej na de.investing.com