Triple Flag Precious Metals Corp. (NYSE:TFPM) has announced a record-breaking quarterly revenue of $63.6 million for the second quarter of 2024.

The revenue corresponds to the sale of 27,192 gold equivalent ounces (GEOs).

For the first half of the year, the company sold 54,986 GEOs, aligning well with its 2024 sales guidance, which projects 105,000 to 115,000 ounces.

CEO Shaun Usmar commented on the quarter's results, stating, “Triple Flag achieved another strong quarter of deliveries, including quarter-on-quarter growth from Northparkes due to the ongoing processing of the higher-gold-grade E31 and E31N open pits.” 

He further noted the company's promising future, saying, “Triple Flag remains well positioned to deliver meaningful per share growth driven by a solid organic growth outlook and a strong precious metals price environment.”