Triple Flag Precious Metals (TFPM) reported Q1 revenue Wednesday of $82.2 million from sales of 28,761 gold equivalent ounces (GEOs).
Three analysts polled by FactSet expected $73.9 million.
Gold sales in Q1 totaled 21,944 GEOs, generating $62.7 million, while silver sales reached 6,817 GEOs, bringing in $19.5 million, Triple Flag said.
The company said it is on track to meet its annual GEOs guidance of 105,000 ounces to 115,000 ounces.
Triple Flag also said it completed the acquisition of assets at Arcata, Azuca, and Tres Quebradas, which are expected to provide near-term cash flow and growth opportunities.
Shares of the company were up over 4% in recent Wednesday premarket activity.
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