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Sandstorm Gold Reports 2024 Revenue with Increased Margins
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Sandstorm Gold Reports 2024 Revenue with Increased Margins

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Sandstorm Gold ( (TSE:SSL) ) has provided an announcement.

Sandstorm Gold Royalties reported its sales and revenue figures for 2024, revealing a decrease in annual gold equivalent ounces sold, from 97,245 in 2023 to 72,800 in 2024, along with a drop in revenue from $179.6 million to $176.3 million. Despite the dip in volume, the company achieved higher cash operating margins per ounce, indicating effective cost management and potentially improving profitability, which could impact its operations and stakeholder interests positively.

More about Sandstorm Gold

Sandstorm Gold Ltd., known as Sandstorm Gold Royalties, operates in the mining industry, primarily focusing on acquiring gold and other precious metal royalties. The company holds a significant position in the market, providing financial solutions to mining enterprises by purchasing royalties and metal streams.

YTD Price Performance: -2.10%

Average Trading Volume: 3,515,067

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.66B

For an in-depth examination of SSL stock, go to TipRanks’ Stock Analysis page.

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