TORONTO — Triple Flag Precious Metals Corp. (“
Triple Flag”) today announced its results for the first quarter of 2021. All dollar references are in United States dollars.
“2020 was a transformational year for Triple Flag and we are pleased to start 2021 with another strong quarter” commented Shaun Usmar, Founder and CEO. “
Compared to the first quarter of 2020, our
GEOs sold have increased 68%, driving a 91% increase in revenue, 97% increase in adjusted EBITDA
2, and 134% increase in free cash flow
1.
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Triple Flag Reports Q1 2021 Results Back to video
We have now closed the acquisition of a gold-focused and predominantly North American royalty portfolio from IAMGOLD, adding 34 exploration and development stage royalties to our portfolio, further expanding the scale and diversification of our future growth pipeline.