I work on the buy-side in Fixed Income. In my spare time, I'm out here seeking alpha. When it comes to my investment outlook...I'm here to remind you to "Always Protect Your Nuts!" I have a special interest in the Mining and Real Estate sectors.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SAND over the nex ...

Sandstorm Gold Ltd. (SAND) scaled a new 52-week high of $8.16 on Monday before ending the session at a lower at $8.10. The increase was fueled by rising gold prices and SAND’s recently reported record preliminary first-quarter 2025 results.The company currently has a market capitalization of $2.3 billion and a Zacks Rank #3 (Hold).What’s Aiding Sandstorm Gold’s Stock?Record Q1 Preliminary Revenues: On April 8, 2025, Sandstorm Gold announced record preliminary revenues of $50 million for the first quarter of ...

Group 1: Financial Performance - Sandstorm Gold Ltd. reported preliminary revenues of $50 million for Q1 2025, a 26.4% increase from $43 million in Q1 2024 [2] - The company sold nearly 18,500 attributable gold equivalent ounces (GEOs) in the quarter, representing a 9% decline from 28,368 GEOs sold in Q1 2024 [2] - The cash operating margin reached a record $2,507 per attributable GEO, up 21.1% from $1,782 in the prior-year quarter [3] Group 2: Cost and Capital Management - The preliminary cost of sales (excluding depletion) was $6.9 million, higher than $5.7 million in Q1 2024 [3] - Sandstorm Gold is focused on capital allocation strategies, including share repurchases and debt repayment, with an outstanding balance on its revolving credit facility of approximately $340 million as of March 31, 2025 [4] - The company purchased and canceled 3.1 million shares for $19 million during the year [4] Group 3: Stock Performance - Sandstorm Gold's stock has gained 25.1% over the past year, compared to the industry's growth of 28.6% [5] - The company currently holds a Zacks Rank 3 (Hold) [9]

VANCOUVER, BC, April 8, 2025 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm", or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to report sales, revenue, and other preliminary figures for the first quarter ended March 31, 2025 (all figures in U.S. dollars). First Quarter Preliminary Results During the three months ended March 31, 2025, the Company sold approximately 18,500 attributable gold equivalent ounces1 and realized record preliminary revenue2 of $50.1 million (20,316 at ...

Royalty and Production - Sandstorm Gold Royalties has a 30% net smelter returns royalty and a gold stream on the Hod Maden project, agreeing to purchase 30% of all gold produced for ongoing payments equal to 20% of the spot price of gold until 1,000,000 ounces are delivered[3]. - The company holds a portfolio of 230 royalties, with 40 of the underlying mines currently producing[8]. - Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties[8]. Hod Maden Project - The Hod Maden joint venture has approved early-works capital investments of approximately US$30-50 million for 2025, in addition to US$10 million in development costs incurred in 2024[1]. - The focus of 2025 activities will be on advancing critical path items, primarily road and tunnel construction, along with an initial exploration program to define new targets[1]. - Sandstorm maintains its forecast for first production at Hod Maden in 2026 based on the progress of early-works initiatives[1]. Financial Reporting and Risks - The financial information is prepared in accordance with International Financial Reporting Standards, which may differ from US GAAP[9]. - Forward-looking statements include expectations regarding capital expenditures and development activity at Hod Maden, as well as anticipated project financing[14]. - The company cautions that actual results may differ materially from forward-looking statements due to various risks and uncertainties[16]. - Sandstorm filed its Form 40-F for the year ended December 31, 2024, with the Securities and Exchange Commission, available on EDGAR[4].

VANCOUVER, BC, March 31, 2025 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to report that SSR Mining Inc. ("SSR Mining") has released its 2025 guidance, including anticipated capital expenditure for the Hod Maden gold- copper project in Türkiye. For 2025, the Hod Maden joint venture has approved early-works capital investments of approximately US$60–$100 million (on a 100% basis), which is in addition to the reported US$42 m ...

VANCOUVER, BC, March 25, 2025 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce the early renewal of the Company's normal course issuer bid ("NCIB") and its automatic share purchase plan ("ASPP").Normal Course Issuer BidSandstorm is renewing its NCIB following the voluntary and early termination of the previous NCIB on March 24, 2025. The previous NCIB provided Sandstorm with the option to purchase up to 20.0 million ...

Core Insights - Gold prices have surged recently, exceeding $3,000 per ounce, driven by uncertainties surrounding tariffs and escalating geopolitical tensions [1] Group 1: Market Trends - The rising gold prices are often seen as beneficial for gold mining companies, indicating a potential growth opportunity in the sector [1] Group 2: Investment Philosophy - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors, emphasizing long-term value and strategic buying [1] - The company employs deep industry insights and rigorous analysis to uncover investment opportunities that can deliver strong returns [1] - The investment approach is grounded in disciplined research and a commitment to highlighting risks that may impact investment theses [1]

Core Insights - Sandstorm Gold Ltd. is actively involved in various developments and exploration highlights within its diversified stream and royalty portfolio [1] Group 1: Erdene Resource Development Corp. - Erdene has secured a $50 million working capital facility from the Development Bank of Mongolia for the Bayan Khundii gold project [2] - The company expects to produce its first gold from the Bayan Khundii project in mid-2025, with commercial production anticipated in the third quarter of 2025 [2][3] - Sandstorm holds a 1.0% net smelter returns (NSR) royalty on the Bayan Khundii project [3] Group 2: Lundin Gold Ltd. - Lundin Gold has reported high-grade drill results from the Fruta del Norte mine in Ecuador, including 173.98 g/t gold over 8.45 metres [7] - The near-mine drill program aims to extend the mine life by expanding mineral resources, with inferred mineral resources at FDNS estimated at 2.09 million ounces at an average grade of 5.25 g/t gold [6] - Sandstorm holds a 0.9% NSR royalty on the precious metals produced at the Fruta del Norte mine [9] Group 3: Entrée Resources Ltd. - Entrée has released significant assay results from drilling at the Hugo North Extension and Heruga deposit at the Oyu Tolgoi mine in Mongolia [10] - The highlighted drill results from the Heruga deposit include 409.9 metres grading 0.36% copper and 0.32 g/t gold [13] - Sandstorm has a copper and precious metal stream with Entrée, allowing it to purchase a percentage of the copper and gold produced [14] Group 4: Omai Gold Mines Corp. - Omai has reported significant assay results from its 2024 drill program at the Omai gold mine, including 4.48 g/t gold over 57 metres at the Wenot deposit [15][17] - The company plans to conduct an updated mineral resource estimate (MRE) and a preliminary economic assessment (PEA) in 2025 [16] - Sandstorm holds a 1.0% NSR royalty on the Omai gold mine [19] Group 5: Bonterra Resources Inc. - Bonterra has released high-grade assay results from the Moss target at the Phoenix JV, with Gold Fields restarting drilling at the project [20][24] - The project is under a joint-venture agreement with Gold Fields, which has spent approximately C$16 million to date [21] - Sandstorm holds an NSR royalty ranging from 0.5% to 3.9% on portions of the Phoenix JV property [25]

Core Viewpoint - Sandstorm Gold Ltd. provides updates on its diversified stream and royalty portfolio, highlighting significant developments in its associated mining projects and the overall investment landscape in the mining sector [1]. Group 1: Lundin Gold - Fruta del Norte Mine - Lundin Gold reported a 59% increase in Inferred Resources at the Fruta del Norte mine, totaling 2.36 million ounces of contained gold at an average grade of 5.27 g/t [2]. - Measured and Indicated Resources increased to 7.06 million ounces from 30.62 million tonnes at an average grade of 7.17 g/t, while Proven and Probable Mineral Reserves grew to 5.54 million ounces from 22.06 million tonnes at an average grade of 7.81 g/t [2]. - Lundin Gold expects production in 2025 to be between 475,000 and 520,000 ounces at an average head grade of 9.2 g/t [2]. Group 2: Ivanhoe Mines - Platreef Mine - Ivanhoe Mines announced positive results from studies on the Platreef mine, targeting Phase 1 production in late 2025 and Phase 2 expansion in late 2027 [4]. - The Phase 1 concentrator is expected to process 770,000 tonnes per annum, with annualized gold production averaging approximately 6,900 ounces initially, increasing to about 29,000 ounces with Phase 2 [4]. - The Feasibility Study estimates an after-tax NPV (8%) of $1.4 billion and an IRR of 20% over a 35-year mine life [4]. Group 3: Argentine Investment Incentives - Argentina's new Promotional Regime for Large Investment (RIGI) aims to stimulate capital investment by offering various benefits for investments exceeding $200 million [9]. - Minas Argentinas SA submitted a $1 billion investment plan under RIGI for the Gualcamayo Deep Carbonates Project, expected to yield approximately 120,000 ounces of gold annually for at least 17 years [10]. - Glencore plans to submit a RIGI application for the MARA copper-gold project, with an estimated production of approximately 200,000 tonnes of copper equivalent per year [12]. Group 4: Sandstorm Gold Royalties - Sandstorm holds a 0.9% net smelter returns (NSR) royalty on the precious metals produced at the Fruta del Norte mine [3]. - The company has a gold stream on the Platreef mine, allowing it to purchase 37.5% of payable gold produced until 131,250 ounces are delivered, then 30% until 256,980 ounces are reached [7]. - Sandstorm anticipates annual average gold deliveries of 1,000–2,000 ounces during Phase 1 of Platreef, increasing to 10,000 ounces with Phase 2 production [8].