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Sandstorm Gold ( (TSE:SSL) ) has provided an update.
Sandstorm Gold Royalties has implemented an Automatic Share Purchase Plan to facilitate the repurchase of its common shares, believing the market price does not fully reflect their intrinsic value. Additionally, the company renewed its revolving credit facility with reduced interest rates, maintaining sustainability-linked incentive pricing terms and enhancing its financial flexibility.
More about Sandstorm Gold
Sandstorm Gold Royalties is a precious metals-focused royalty company that provides financing to mining companies in exchange for a percentage of production from mines. The company holds a diverse portfolio of approximately 230 royalties, with 41 of the underlying mines currently producing. Sandstorm aims to expand and diversify its low-cost production profile through the acquisition of additional gold royalties.
YTD Price Performance: 14.57%
Average Trading Volume: 3,320,936
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.69B
Find detailed analytics on SSL stock on TipRanks’ Stock Analysis page.