Sandstorm Gold (SAND) Posts Y/Y Preliminary Q2 Revenue Decline

Sandstorm Gold Ltd. (SAND) announced preliminary revenues and cash operating margins for the second quarter of 2024. Revenues in the quarter fell 16.9% year over year. The company's cash operating margin moved up 17.1%. SAND reported a preliminary cost of sales (excluding depletion) of $4.7 million, lower than the $5.6 million reported in the first quarter of 2023. The cash operating margin was $2,043 per attributable GEO in the quarter under review, higher than the prior-year quarter's $1,744. Price Perfor ...