Sandstorm Gold Provides Updates on Its Portfolio Developments

Core Insights - Sandstorm Gold Ltd. (SAND) is focused on enhancing value through its diversified stream and royalty portfolio, emphasizing quality assets and partnerships [1] Portfolio Updates - The Robertson mine, operated by Nevada Gold Mines (a joint venture of Barrick Gold Corp. and Newmont Corporation), received its final major federal permit on November 15, 2024, allowing it to proceed with production expected to start in 2027. Sandstorm Gold holds a net smelter returns royalty on this project [2][3] - Lundin Mining, operator of Brazil's Chapada mine, has optimized operations, reducing mining costs by 46% compared to 2022. Sandstorm Gold has a copper stream agreement with Lundin Mining for this mine [3] - SSR Mining Inc., operator of the Hod Maden project, is advancing the project with $10.9 million spent in Q3 2024. Sandstorm Gold has a 2.0$45 million, meeting the Zacks Consensus Estimate. The company achieved earnings per share of 2 cents, compared to break-even earnings in Q3 2023 [9] - Sandstorm Gold's shares have increased by 17.2% over the past year, while the industry has grown by 25.7% [10] Total Return Performance - Since December 4, 2023, Sandstorm Gold has shown a total return performance of 50.9%, compared to the Mining-Gold Market's growth of 25.7% [11]