Triple Flag Precious (TFPM) Announced its Second Quarter Results, Increased its Quarterly Dividend

Triple Flag Precious Metals Corp. (NYSE:TFPM) is one of the Best Performing Canadian Stocks So Far in 2025. On August 6, Triple Flag Precious Metals Corp. (NYSE:TFPM) released its fiscal second quarter update and announced a 5% annual increase to its quarterly dividend.

Triple Flag Precious Metals Corp. (NYSE:TFPM) reported $94.1 million in revenue for the quarter, up from $63.6 million in Q2 2024. Management maintained its 2025 gold equivalent ounces guidance of 105,000 to 115,000 ounces and its 2029 outlook of 135,000 to 145,000 ounces. Moreover, the Board of Directors declared a quarterly cash dividend of $0.0575 per common share, payable on September 15, 2025, representing a 5% increase from the previous annualized dividend of $0.22.

Management also highlighted the acquisition of Orogen Royalties Inc., which it completed in July 2025, securing a 1.0% net smelter return royalty on the Arthur gold project in Nevada. Moreover, Triple Flag Precious Metals Corp. (NYSE:TFPM) also acquired a 1.5% gross revenue royalty on the Johnson Camp Mine in Arizona. This, combined with the pre-existing 1.5% gross revenue royalty, takes the company’s royalty to 3% for the mine. The Johnson Camp Mine began copper leaching in July 2025, with first copper sales expected in September 2025.

Triple Flag Precious Metals Corp. (NYSE:TFPM) is a streaming and royalty company that provides investors with exposure to gold, silver, and other metals through royalties and streams on mining assets.

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Disclosure: None. This article is originally published at Insider Monkey.