# Triple Flag Delivers Record Earnings Per Share and Operating Cash Flow Per Share Growth in 2025

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/triple-flag-delivers-record-earnings-per-share-and-operating-cash-flow-per-share--cfcfe2ac-c25e-4b6c-b925-8e1517ca4fc1

Original source: https://money.tmx.com/en/quote/TFPM/news/5258034592655915/triple-flag-delivers-record-earnings-per-share-and-operating-cash-flow-per-share

Publisher: tmx

Original announcement: 2026-02-18T22:02:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Triple Flag Precious Metals Corp.

- Ticker: TFPM

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Nickel, Zinc, Cobalt

- Document categories: Permitting, Production, Agreement transaction, Resource update, Capital raise

- Extracted: 2026-09-15 03:01:43 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Triple Flag Precious Metals Corp. announced record earnings and operating cash flow per share growth for the fourth quarter and full year 2025, driven by strong Gold Equivalent Ounces \(GEOs\) performance. The company highlighted a new stream agreement for the gold-dominant E44 deposit at Northparkes, securing guaranteed gold and silver deliveries, and provided positive updates on several development-stage projects advancing towards production. Triple Flag maintains a debt-free balance sheet with over $1 billion in available liquidity, supporting its disciplined growth strategy.

Reasoning: Triple Flag Precious Metals Corp. reported record earnings and operating cash flow per share for 2025, driven by strong GEOs performance. The company also announced a new stream agreement for the E44 Gold Deposit at Northparkes, securing guaranteed gold and silver deliveries, and provided positive updates on its portfolio of development-stage projects, including a new resource estimate for Kemess. The company maintains a strong financial position with significant liquidity.

- Positive factor: Record financial performance for 2025

- Positive factor: Significant new stream agreement for E44 Gold Deposit with guaranteed deliveries

- Positive factor: Positive production guidance for 2026 and long-term outlook to 2030

- Positive factor: Advancement of multiple development-stage projects towards production

- Positive factor: Debt-free balance sheet with over $1 billion in available liquidity

- Positive factor: New resource estimate for Kemess project

- Negative factor: ATO stream default situation ongoing

- Negative factor: Kemess resource estimate does not disclose a cut-off grade

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 16

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: James Lill, Director, Mining for Triple Flag and a “qualified person” under NI 43-101 has reviewed and approved the written scientific and technical disclosures contained in this press release.

Evidence · text

> James Lill, Director, Mining for Triple Flag and a “qualified person” under NI 43-101 has reviewed and approved the written scientific and technical disclosures contained in this press release.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: James Lill, Director, Mining for Triple Flag and a “qualified person” under NI 43-101 has reviewed and approved the written scientific and technical disclosures contained in this press release.

Evidence · text

> James Lill, Director, Mining for Triple Flag and a “qualified person” under NI 43-101 has reviewed and approved the written scientific and technical disclosures contained in this press release.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document provides updated indicated and inferred silver resources for the Kemess project as of December 31, 2025.

Evidence · text

> As of December 31, 2025, indicated silver resources at Kemess are 244,431 thousand tonnes grading 1.37 g/t Ag, containing 10,780 koz Ag

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: Centerra Gold Inc. released a Preliminary Economic Assessment \(PEA\) for the Kemess project in January 2026.

Evidence · text

> In January 2026, Centerra Gold Inc. \(“Centerra”\) released a PEA for their 100%-owned Kemess project located in British Columbia.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The Kemess resource estimate includes 299,593 thousand tonnes of inferred silver resources.

Evidence · text

> Inferred silver resources at Kemess are 299,593 thousand tonnes grading 1.26 g/t Ag, containing 12,146 koz Ag.

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The resource estimate for Kemess does not explicitly state the cut-off grade used for the reported indicated and inferred resources.

Evidence · text

> indicated silver resources at Kemess are 244,431 thousand tonnes grading 1.37 g/t Ag, containing 10,780 koz Ag

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/triple-flag-delivers-record-earnings-per-share-and-operating-cash-flow-per-share--cfcfe2ac-c25e-4b6c-b925-8e1517ca4fc1#fact-resource-facts-0)

Kemess · silver

#### Identity

- Project: Kemess
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: TFPM

#### Resource scope

- Estimate type: resource
- QP Signed: Yes
- Qualified person names: James Lill
- Resource group id: resource:5610f2be764f28f5051a

#### Resource Data

- Category: indicated
- Tonnes: 244431000
- Grade: 1.37
- Grade Unit: g/t
- Contained Metal: 10780
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2025-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: The indicated silver resource at Kemess represents a significant contained metal figure, establishing a baseline for the project, though the grade is relatively low and the cut-off grade is not disclosed.

- Positive factor: Significant contained metal

- Positive factor: QP/CP Signed

- Negative factor: Relatively low grade

- Negative factor: Cut-off Undisclosed

Evidence · text

> indicated silver resources at Kemess are 244,431 thousand tonnes grading 1.37 g/t Ag, containing 10,780 koz Ag

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/triple-flag-delivers-record-earnings-per-share-and-operating-cash-flow-per-share--cfcfe2ac-c25e-4b6c-b925-8e1517ca4fc1#fact-resource-facts-1)

Kemess · silver

#### Identity

- Project: Kemess
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: TFPM

#### Resource scope

- Estimate type: resource
- QP Signed: Yes
- Qualified person names: James Lill
- Resource group id: resource:7d8cc485a2cf01ed1450

#### Resource Data

- Category: inferred
- Tonnes: 299593000
- Grade: 1.26
- Grade Unit: g/t
- Contained Metal: 12146
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2025-12-31

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-18T00:00:00.000Z

Reasoning: The inferred silver resource at Kemess adds substantial tonnage and contained metal potential, but its lower confidence category and grade, coupled with an undisclosed cut-off grade, require further definition.

- Positive factor: Substantial contained metal potential

- Positive factor: QP/CP Signed

- Negative factor: Inferred Resource

- Negative factor: Relatively low grade

- Negative factor: Cut-off Undisclosed

Evidence · text

> Inferred silver resources at Kemess are 299,593 thousand tonnes grading 1.26 g/t Ag, containing 12,146 koz Ag.

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
