Core Viewpoint - Sandstorm Gold Ltd. reported strong preliminary results for the second quarter of 2025, achieving record revenue and gold equivalent sales compared to the same period in 2024 [2][3]. Financial Performance - The company sold approximately 15,100 attributable gold equivalent ounces in Q2 2025, generating preliminary revenue of $51.4 million, compared to 17,414 ounces and $41.4 million in Q2 2024 [2]. - The preliminary cost of sales, excluding depletion, was $5.3 million, resulting in record cash operating margins of approximately $2,980 per attributable gold equivalent ounce, up from $2,043 per ounce in the comparable period of 2024 [3][7]. Credit Facility - As of June 30, 2025, the outstanding balance on the company's revolving credit facility was approximately $315 million, with an undrawn and available balance of $310 million [3]. Upcoming Events - The company plans to release its detailed second quarter results on August 7, 2025, with a conference call scheduled for August 8, 2025, to discuss the results further [4]. 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 40 underlying mines currently in production [9].
Sandstorm Gold Royalties Reports Second Quarter Sales and Record Revenue; Financial Results August 7