Triple Flag (NYSE: TFPM) grows Q2 GEO sales and adds US$440M gold stream
Rhea-AI Filing Summary
Triple Flag Precious Metals reported preliminary Q2 2026 revenue of US$129.2 million from sales of 28,674 gold equivalent ounces (GEOs), with preliminary cost of sales excluding depletion of about US$25 million. Gold contributed 18,181 GEOs and US$81.9 million of revenue, silver 9,846 GEOs and US$44.4 million, and copper and other metals 647 GEOs and US$2.9 million.
The company reaffirmed it is well-positioned to achieve its increased 2026 GEOs guidance of 100,000 to 110,000 ounces. During Q2 2026, Triple Flag completed a US$440 million acquisition of a gold stream on the Ravenswood mine in Australia, adding immediate cash flow, and repurchased US$20 million of shares in the open market. Management highlighted over US$1 billion of available liquidity to pursue further growth. Full Q2 2026 results will be released on August 5, 2026, with a conference call on August 6, 2026.
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Insights
Triple Flag posts solid Q2 preliminary revenue, expands via major gold stream and continues buybacks.
Triple Flag reports preliminary Q2 2026 revenue of US$129.2 million on 28,674 GEOs, showing meaningful scale in its streaming and royalty model. Gold and silver dominate the mix, providing exposure to core precious metals prices.
The company completed a sizable US$440 million Ravenswood gold stream acquisition, described as adding immediate cash flow, while repurchasing US$20 million of shares. Management also cites over US$1 billion in available liquidity and guidance of 100,000–110,000 GEOs for 2026.
All figures are preliminary and unaudited, and actual Q2 2026 results may differ after final review. The scheduled results release on August 5, 2026 and call on August 6, 2026 will provide more detail on integration of Ravenswood, realized margins versus the roughly US$25 million cost of sales, and any updated portfolio developments.
Key Figures
Key Terms
gold equivalent ounces financial
streaming and royalty company financial
NI 43-101 regulatory
forward-looking information regulatory
Multijurisdictional Disclosure System regulatory
subpart 1300 of Regulation S-K regulatory
FAQ
What preliminary Q2 2026 revenue did Triple Flag Precious Metals (TFPM) report?
How many gold equivalent ounces did Triple Flag (TFPM) sell in Q2 2026 and by metal?
What major acquisition did Triple Flag (TFPM) complete during Q2 2026?
How much stock did Triple Flag Precious Metals (TFPM) repurchase in Q2 2026?
What is Triple Flag’s 2026 GEOs production guidance and liquidity position?
When will Triple Flag (TFPM) release full Q2 2026 results and hold its conference call?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2026
Commission File Number: 001-41484
TRIPLE FLAG PRECIOUS METALS CORP.
(Translation of the registrant’s name into English)
TD Canada Trust Tower, 161 Bay Street, Suite 4535, Toronto, Ontario, Canada M5J 2S1
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ¨ Form 40-F x
The following document, which is attached as an exhibit hereto, is incorporated by reference herein:
| Exhibit | Title | |
| 99.1 | News release dated July 9, 2026 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TRIPLE FLAG PRECIOUS METALS CORP. | ||
| Date: July 9, 2026 | By: | /s/ C. Warren Beil |
| Name: C. Warren Beil | ||
| Title: General Counsel | ||
Exhibit 99.1
Toronto, July 9, 2026
Triple Flag Delivers Strong Q2 2026 GEOs and Repurchases $20 Million of Shares
Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced revenue of US$129.2 million for the second quarter of 2026 from quarterly metal sales of 28,674 gold equivalent ounces (“GEOs”). Preliminary cost of sales, excluding depletion, for the three months ended June 30, 2026, was approximately $25 million. All dollar amounts are expressed in US dollars, unless otherwise noted.
“Our diversified asset base delivered strong performance in the second quarter, and Triple Flag is well-positioned to achieve our recently increased 2026 GEOs guidance of 100,000 to 110,000 ounces,” commented Sheldon Vanderkooy, CEO. “During the second quarter of 2026, we also completed our $440 million acquisition of a gold stream on the Ravenswood mine in Australia, adding immediate cash flow, and bought back $20 million of shares in the open market. Our disciplined approach to capital allocation is focused on delivering enduring value for our shareholders, supported by the strong cash flow our business generates and the multiple development catalysts our Tier One asset base has achieved year-to-date. With over $1 billion of available liquidity, we continue to pursue accretive growth opportunities as we enter the second half of 2026.”
Preliminary Q2 2026 Results1
GEOs Sold and Revenue by Commodity
| Q2 2026 | |||||||
| GEOs Sold | Revenue ($M) | ||||||
| Gold | 18,181 | 81.9 | |||||
| Silver | 9,846 | 44.4 | |||||
| Copper and other | 647 | 2.9 | |||||
| Total | 28,674 | 129.2 | |||||
Conference Call Details
Triple Flag will release its Q2 2026 results on Wednesday, August 5, after market close.
A conference call and live webcast presentation will be held the following day, August 6, 2026, starting at 9:00 a.m. ET (6:00 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 one year following the webcast.
1 Results are unaudited. The Company cautions that, whether or not expressly stated, all second quarter figures contained in this press release including, without limitation, sales and associated costs are preliminary, and reflect our expected second quarter results as of the date of this press release. Actual reported second quarter sales and associated costs are subject to management’s final review and may vary significantly from those expectations because of a number of factors, including, without limitation, additional or revised information, and changes in accounting standards or policies, or in how those standards are applied.
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| Live Webcast: | https://events.q4inc.com/attendee/956982780 |
| Dial-In Details: | Toll-Free (U.S. & Canada): +1 (888) 330-2384 International: +1 (647) 800-3739 Conference ID: 4548984, followed by # key |
| Replay (Until August 20): | Toll-Free (U.S. & Canada):
+1 (800) 770-2030 International: +1 (647) 362-9199 Conference ID: 4548984, followed by # key |
About Triple Flag Precious Metals Corp.
Triple Flag is a precious metals streaming and royalty company. We offer investors exposure to gold and silver from a total of 242 assets, consisting of 17 streams and 225 royalties, primarily from the Americas and Australia. These streams and royalties are tied to mining assets at various stages of the mine life cycle, including 36 producing mines and 206 development and exploration stage projects and other assets. Triple Flag is listed on the Toronto Stock Exchange and New York Stock Exchange, under the ticker “TFPM”.
Contact Information
Investor Relations:
David Lee
Vice President, Investor Relations
Tel: +1 (416) 304-9770
Email: ir@tripleflagpm.com
Media:
Elfie Kent, Camarco
Tel: +44 (0) 20 3757 4980
Email: tripleflag@camarco.co.uk
Qualified Person
James Lill, Director, Mining for Triple Flag Precious Metals and a “qualified person” under NI 43-101 has reviewed and approved the written scientific and technical disclosures contained in this press release.
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Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, respectively (collectively referred to herein as “forward-looking information”). Forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “outlook”, “forecasts”, “projection”, “prospects”, “strategy”, “intends”, “anticipates”, “believes” or variations of such words and phrases or terminology which states that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. Forward-looking information in this news release include, but are not limited to, statements with respect to the accounting treatments for certain of the Company’s streams, the Company’s preliminary sales and revenue information for the second quarter of 2026, the release of its financial results for the second quarter of 2026, developments in respect of the Company’s portfolio of royalties and streams and related interests and those developments with respect to certain of the mines, projects, properties, studies or reports that underlie the Company’s interests, strengths and characteristics, and the conduct of the conference call to discuss said results. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management’s expectations, estimates and projections regarding possible future events or circumstances.
The forward-looking information included in this news release is based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. The forward-looking information contained in this news release is also based upon a number of assumptions, including the ongoing operation of the properties in which we hold a stream or royalty interest by the owners or operators of such properties in a manner consistent with past practice; the accuracy of public statements and disclosures made by the owners or operators of such underlying properties; and the accuracy of publicly disclosed expectations for the development of underlying properties that are not yet in production. These assumptions include, but are not limited to, the following: assumptions in respect of current and future market conditions and the execution of our business strategies; that operations, or ramp-up where applicable, at properties in which we hold a royalty, stream or other interest continue without further interruption through the period; and the absence of any other factors that could cause actions, events or results to differ from those anticipated, estimated, intended or implied. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Forward-looking information is also subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, those set forth under the caption “Risk and Risk Management” in our management’s discussion and analysis in respect of the fourth quarter and full year of 2025 and the caption “Risk Factors” in our most recently filed annual information form, each of which is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. In addition, we note that mineral resources that are not mineral reserves do not have demonstrated economic viability and inferred resources are considered too geologically speculative for the application of economic considerations.
Although we have attempted to identify important risk factors that could cause actual results or future events to differ materially from those contained in the forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents our expectations as of the date of this news release and is subject to change after such date. We disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All of the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.
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Cautionary Statement to U.S. Investors
Information contained or referenced in this press release or in the documents referenced herein concerning the properties, technical information and operations of Triple Flag has been prepared in accordance with requirements and standards under Canadian securities laws, which differ from the requirements of the U.S. Securities and Exchange Commission (“SEC”) under subpart 1300 of Regulation S-K (“S-K 1300”). Because the Company is eligible for the Multijurisdictional Disclosure System adopted by the SEC and Canadian Securities Administrators, Triple Flag is not required to present disclosure regarding its mineral properties in compliance with S-K 1300. Accordingly, certain information contained in this press release may not be comparable to similar information made public by U.S. companies subject to reporting and disclosure requirements of the SEC.
Technical and Third-Party Information
Triple Flag does not own, develop or mine the underlying properties on which it holds stream or royalty interests. As a royalty or stream holder, Triple Flag has limited, if any, access to properties included in its asset portfolio. As a result, Triple Flag is dependent on the owners or operators of the properties and their qualified persons to provide information to Triple Flag and on publicly available information to prepare disclosure pertaining to properties and operations on the properties on which Triple Flag holds stream, royalty or other similar interests. Triple Flag generally has limited or no ability to independently verify such information. Although Triple Flag does not believe that such information is inaccurate or incomplete in any material respect, there can be no assurance that such third-party information is complete or accurate.
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