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Triple Flag Precious Metals Corp (TFPM)

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Upturn Advisory Summary
10/27/2025: TFPM (3-star) is a WEAK-BUY. BUY since 102 days. Simulated Profits (16.44%). Updated daily EoD!
1 Year Target Price $33.67
1 Year Target Price $33.67
| 5 | Strong Buy |
| 4 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 43.17% | Avg. Invested days 57 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.94B USD | Price to earnings Ratio 33.44 | 1Y Target Price 33.67 |
Price to earnings Ratio 33.44 | 1Y Target Price 33.67 | ||
Volume (30-day avg) 10 | Beta -0.03 | 52 Weeks Range 14.40 - 33.51 | Updated Date 10/26/2025 |
52 Weeks Range 14.40 - 33.51 | Updated Date 10/26/2025 | ||
Dividends yield (FY) 0.76% | Basic EPS (TTM) 0.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-10-08 | When - | Estimate 0.2114 | Actual 0.2089 |
Profitability
Profit Margin 53.11% | Operating Margin (TTM) 55.13% |
Management Effectiveness
Return on Assets (TTM) 5.85% | Return on Equity (TTM) 9.81% |
Valuation
Trailing PE 33.44 | Forward PE 31.95 | Enterprise Value 6067028512 | Price to Sales(TTM) 18.32 |
Enterprise Value 6067028512 | Price to Sales(TTM) 18.32 | ||
Enterprise Value to Revenue 18.71 | Enterprise Value to EBITDA 31.51 | Shares Outstanding 206495362 | Shares Floating 68670033 |
Shares Outstanding 206495362 | Shares Floating 68670033 | ||
Percent Insiders 1.58 | Percent Institutions 86.6 |
Upturn AI SWOT
Triple Flag Precious Metals Corp
Company Overview
History and Background
Triple Flag Precious Metals Corp. was founded in 2016 by Elliot Strashin, James Dendle, and Shaun Usmar and completed its IPO in 2021. The company was built upon a portfolio acquired from Sprott Resource Lending and has since focused on acquiring streaming and royalty interests in precious metals mining projects.
Core Business Areas
- Streaming: Provides upfront capital to mining companies in exchange for the right to purchase a fixed percentage of the mine's precious metal production at a predetermined price or a percentage of the spot price.
- Royalties: Grants the company a percentage of the revenue or production from a mining project, without requiring any upfront capital expenditure.
Leadership and Structure
Shaun Usmar serves as the Chief Executive Officer. The company has a board of directors overseeing its strategic direction and various departments handling deal origination, technical analysis, and legal/financial aspects.
Top Products and Market Share
Key Offerings
- Gold Streams and Royalties: Triple Flag's primary focus is on acquiring streams and royalties on gold-producing mines. Market share data specific to Triple Flag's gold streams/royalties is not readily available. Competitors include Franco-Nevada, Wheaton Precious Metals, and Osisko Gold Royalties.
- Silver Streams and Royalties: Silver streams and royalties are also a significant part of Triple Flag's portfolio. Market share data is not readily available. Competitors include Franco-Nevada, Wheaton Precious Metals, and Osisko Gold Royalties.
- Other Metals Streams and Royalties: The company also holds streams and royalties on platinum group metals, copper, and other metals. Market share data is not readily available. Competitors include Franco-Nevada, Wheaton Precious Metals, and Osisko Gold Royalties.
Market Dynamics
Industry Overview
The precious metals streaming and royalty industry provides alternative financing for mining companies. It's driven by demand for precious metals as a safe haven asset, and as a component in the electronics and automotive industries. The sector is relatively concentrated with a few key players dominating the market.
Positioning
Triple Flag is positioned as a leading pure-play precious metals streaming and royalty company. Its competitive advantages include a diversified portfolio of high-quality assets, a strong management team, and a disciplined approach to deal origination.
Total Addressable Market (TAM)
The TAM for precious metals streaming and royalty companies is estimated to be in the tens of billions of dollars. Triple Flag is well-positioned to capture a significant share of this market through strategic acquisitions and organic growth. Specific TAM values are constantly in flux depending on metal prices and mine project financings.
Upturn SWOT Analysis
Strengths
- Diversified portfolio of high-quality assets
- Experienced management team
- Disciplined approach to deal origination
- Strong financial position
- Pure-play precious metals focus
Weaknesses
- Reliance on the operational performance of mining companies
- Exposure to commodity price volatility
- Smaller market capitalization compared to larger peers
- Operational risk from invested mines
Opportunities
- Acquisition of additional streams and royalties
- Expansion into new commodities
- Increased demand for precious metals
- Growth in the mining sector
- Strategic partnerships
Threats
- Decline in precious metal prices
- Operational problems at mining projects
- Increased competition in the streaming and royalty sector
- Changes in regulations or taxation
- Geopolitical risks
Competitors and Market Share
Key Competitors
- FNV
- WPM
- OR
Competitive Landscape
Triple Flag is smaller than FNV and WPM, but aims for a higher pure-play focus on precious metals. Its smaller size allows for potentially more agile deal-making, but it has less capital to deploy compared to its larger competitors.
Major Acquisitions
Hardstone Canada Inc
- Year: 2020
- Acquisition Price (USD millions): 69
- Strategic Rationale: Acquisition of a royalty portfolio providing exposure to precious metals production from mines located in established mining regions
Growth Trajectory and Initiatives
Historical Growth: Triple Flag has demonstrated strong growth in recent years, driven by strategic acquisitions and organic growth of its existing portfolio. Growth rates are available via resources such as Yahoo Finance or SEC reports.
Future Projections: Future growth is projected to be driven by continued acquisitions and increasing production from existing assets. Analyst estimates are available from financial news sources.
Recent Initiatives: Recent initiatives include the acquisition of new streams and royalties, the optimization of its portfolio, and the strengthening of its balance sheet.
Summary
Triple Flag is a solid, pure-play precious metals streaming and royalty company with experienced leadership. Its diversified portfolio and disciplined acquisition strategy have driven growth. However, it faces risks related to commodity prices, operational issues at mining projects, and competition. Its smaller size relative to competitors presents both challenges and opportunities.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Financial News Outlets
- Industry Reports
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance can change rapidly. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Triple Flag Precious Metals Corp
Exchange NYSE | Headquaters Toronto, ON, Canada | ||
IPO Launch date 2021-09-30 | CEO & Director Mr. Sheldon Vanderkooy | ||
Sector Basic Materials | Industry Other Precious Metals & Mining | Full time employees - | Website https://www.tripleflagpm.com |
Full time employees - | Website https://www.tripleflagpm.com | ||
Triple Flag Precious Metals Corp., a precious metals streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties, and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, and the United States. It has a portfolio of streams and royalties providing exposure to copper, gold, silver, nickel, lead, and zinc. The company was founded in 2016 and is based in Toronto, Canada.

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