Sandstorm Gold (SAND) reports Q1 sales 18,500 attributable gold equivalent ounces and realized record preliminary revenue of $50.1M. The Company had record preliminary total sales, royalties, and income from other interests of $54.1M in Q1 vs. $42.8M in total sales, royalties, and income from other interests for the comparable period in 2024. Preliminary cost of sales, excluding depletion for Q1 was $6.9M resulting in record cash operating margins of approximately $2,507 per attributable gold equivalent ounce vs.$5.7M and $1,782 per attributable gold equivalent ounce for the comparable period in 2024, respectively.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAND:
- Sandstorm Gold price target raised to $9.50 from $8.25 at Raymond James
- Sandstorm Gold price target raised to $7 from $6.50 at RBC Capital
- Sandstorm Gold price target raised to C$13.50 from C$11 at National Bank
- Sandstorm Gold Announces $100M Investment in Hod Maden Joint Venture
- Sandstorm Gold Declares First Quarterly Dividend for 2025