Sandstorm Gold Royalties Announces 2024 Third Quarter Sales and Revenue; Financial Results to be Released November 7

Core Viewpoint - Sandstorm Gold Ltd. reported preliminary sales and revenue figures for Q3 2024, showing an increase in revenue compared to the same period in 2023, indicating positive performance in the precious metals sector [2][4]. Financial Performance - The company sold approximately 17,350 attributable gold equivalent ounces in Q3 2024, generating preliminary revenue of $44.7 million, compared to 21,123 attributable gold equivalent ounces and $41.3 million in revenue for Q3 2023 [2]. - The preliminary cost of sales, excluding depletion, for Q3 2024 was $5.3 million, resulting in cash operating margins of approximately $2,215 per attributable gold equivalent ounce, compared to $4.7 million and $1,699 per ounce in Q3 2023 [2][4]. Future Outlook - Sandstorm plans to release its detailed Q3 2024 results on November 7, 2024, with a conference call scheduled for November 8, 2024, to discuss the results further [3]. Company Overview - Sandstorm Gold Royalties is a precious metals-focused royalty company that provides upfront financing to mining companies and holds a portfolio of approximately 230 royalties, with 41 underlying mines currently producing [6]. - The company aims to grow and diversify its low-cost production profile through the acquisition of additional gold royalties [6].