Sandstorm Gold ( (TSE:SSL) ) just unveiled an announcement.
Sandstorm Gold Royalties has announced significant updates to its portfolio, particularly highlighting the growth in Mineral Reserves and Resources at the Fruta del Norte mine in Ecuador. The mine, operated by Lundin Gold, has achieved its largest reserve and resource estimate to date, with a 59% increase in Inferred Resources. This expansion is expected to positively impact Sandstorm’s financials, as the company holds a 0.9% net smelter returns royalty on the precious metals produced at the site.
More about Sandstorm Gold
Sandstorm Gold Royalties is a company that operates in the mining industry, focusing on acquiring gold and other precious metal royalties and streams. The company has a diversified portfolio and is listed on both the NYSE and TSX.
YTD Price Performance: 7.44%
Average Trading Volume: 4,616,981
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.78B
See more data about SSL stock on TipRanks’ Stock Analysis page.