Jun 14, 2026
Triple Flag (TFPM) was up nearly 5% after announcing a $440M gold stream on the largest mine in Queensland, which bulks up its already large Australian footprint…
… and prompted a 10K GEO bump to guidance from management, given the initial 5.5% stream rate and 200K+ ounce production outlook for the asset.
The transaction comes roughly a year after its $420M acquisition of Orogen, which makes TFPM’s current multiple interesting…
… given the long-term cash flow visibility the two deals provide.
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