Sandstorm Gold Ltd (TSE:SSL) has released an update.
Sandstorm Gold Royalties reports a Q1 2024 revenue of $42.8 million, down from $44 million in Q1 2023, and a decrease in gold equivalent ounces sold. Despite the dips, the company achieved a record cash operating margin of $1,782 per ounce, and strategically bolstered its balance sheet by repaying $20 million of its credit facility and selling non-core assets for $21 million.
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