Triple Flag Precious Metals Corp (FRA:7781)
€ 14.24 0.04 (0.28%) Market Cap: 2.83 Bil Enterprise Value: 2.85 Bil PE Ratio: 81.18 PB Ratio: 1.69 GF Score: 85/100

Q3 2023 Triple Flag Precious Metals Corp Earnings Call Transcript

Nov 08, 2023 / 03:00PM GMT
Release Date Price: €11.7 (-0.85%)
Operator

Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the Triple Flag Q3 2023 Results Call. (Operator Instructions) I would now like to turn the call over to Shaun Usmar, CEO. Please go ahead.

Shaun A. Usmar
Triple Flag Precious Metals Corp. - Founder, CEO & Director

Thank you, and good morning, everyone, and thank you for joining us to discuss Triple Flag's Third quarter 2023 results. Today, I'm joined by our CFO, Sheldon Vanderkooy and our Senior Vice President of Corporate Development, James Dendle.

Our business continues its strong performance during the third quarter with sales of 25,629 gold equivalent ounces, resulting in USD 37 million of operating cash flow. Our portfolio is performing well with many assets experiencing positive catalysts during the quarter, such as the high gold grade open pit E31 and E31 north deposits at Northparkes continuing to progress down the development track and will start contributing to Triple Flag's GEOs in 2024. Exploration

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