tiprankstipranks
Trending News
More News >

Sandstorm Gold Ltd. Reports Record Revenue and Strategic Growth

Sandstorm Gold Ltd. Reports Record Revenue and Strategic Growth

Sandstorm Gold Ltd ( (SAND) ) has released its Q1 earnings. Here is a breakdown of the information Sandstorm Gold Ltd presented to its investors.

Confident Investing Starts Here:

Sandstorm Gold Ltd. is a company focused on acquiring royalties and gold purchase agreements from advanced stage development projects or operating mines, primarily in the gold and metals sector, with a portfolio of 226 streams and royalties, including 40 producing mines. In its latest earnings report for the first quarter of 2025, Sandstorm Gold Ltd. announced record revenue of $50.1 million, marking a significant increase from $42.8 million in the same period of 2024. The company also reported record total sales, royalties, and income from other interests amounting to $54.1 million, alongside record cash operating margins of $2,509 per attributable gold equivalent ounce, highlighting its strong financial performance. Key strategic moves included significant share buybacks and continued deleveraging, with $15 million in net debt repayments during the quarter. Additionally, Sandstorm is advancing its Hod Maden joint venture with early-works capital investments and exploring new opportunities through its option agreement with Vatukoula Gold Mines. Looking ahead, Sandstorm Gold Ltd. remains optimistic about its growth prospects, forecasting attributable gold equivalent ounces between 65,000 and 80,000 for 2025, with long-term production expected to reach approximately 150,000 ounces by 2030, driven by existing streams and potential new projects.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App