Triple Flag Precious Metals Corp. (TFPM) Tops Q4 EPS by 1c ; Offers Guidance

Triple Flag Precious Metals Corp. (NYSE: TFPM) reported Q4 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $51.7 million versus the consensus estimate of $50.5 million.

GUIDANCE:-

The final deliveries from our Renard stream were 965 GEOs in the fourth quarter of 2023. This, together with the anticipated sequencing of mining and processing activities from our operators, is expected to result in lower GEOs sales in the first quarter of 2024 compared to the prior quarter.

2024 Guidance

GEOs Sales3 105,000 to 115,000 GEOs
Depletion $70 million to $80 million
General Administration Costs $23 million to $24 million
Australian Cash Tax Rate2 ~25%
1 Assumed commodity prices of $1,900/oz gold and $21.00/oz silver.
2 Australian Cash Taxes are payable for Triple Flag’s Australian royalty interests, specifically Fosterville, Beta Hunt, Stawell, Dargues and Henty.

For earnings history and earnings-related data on Triple Flag Precious Metals Corp. (TFPM) click here.

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