Triple Flag Precious Metals (TFPM) Reports Record GEOs for Q1

Paul Singer ranks among the richest hedge fund managers in the world. Triple Flag Precious Metals Corp. (NYSE:TFPM) is one of Paul Singer’s largest holdings, with the billionaire holding $4.45 billion worth of the company’s shares.

Triple Flag Precious Metals Corp. (NYSE:TFPM) reported Q1 earnings on May 6, noting record quarterly performance driven by increased precious metals prices and operational efficiency throughout its diverse portfolio.

The company experienced its best quarter to date, producing 30,166 gold-equivalent ounces (GEOs) versus 28,761 GEOs in Q1 of the previous year.

Net earnings more than quadrupled to $116.9 million from $45.5 million, and adjusted earnings per share increased by 125% to $0.45 from $0.20. Meanwhile, the company’s adjusted EBITDA climbed by 82% to $128.6 million, indicating the high margins of its royalties and streaming business strategy.

Triple Flag Precious Metals Corp. (NYSE:TFPM) paid $23 million in March 2026 for a 3% gross revenue royalty on the Gunnison Copper open pit operation in Arizona. The purchase increased exposure to a massive domestic copper project that is anticipated to yield 3.2 billion pounds of copper throughout the course of a 21-year mine life.

Triple Flag Precious Metals Corp. (NYSE:TFPM) is a precious metals streaming and royalty company with 239 global assets. Its headquarters is in Canada.

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