Workflow
Sandstorm Gold Posts Y/Y Increase in Q2 Preliminary Revenues
Sandstorm Gold .Sandstorm Gold .(US:SAND) ZACKSยท2025-04-09 18:00

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]