Record Quarterly Revenue
Sandstorm Gold reported a record quarterly revenue of US$50 million, with operating cash flow over US$40 million.
Significant Capital Allocation to Key Projects
SSR announced up to $100 million in 2025 for Hod Maden CapEx, and Glencore CEO anticipated RIGI applications for the MARA project to be submitted shortly.
Share Repurchase and Debt Reduction
Purchased over 3 million shares at an average price of US$6.21 per share and canceled them. Debt reduced to $328 million with ongoing repayments.
Strong Cash Operating Margins
Achieved average cash margins of over $2,500 per gold equivalent ounce for approximately 87% cash margins.
Exploration and Expansion Success
Sandstorm's partners have replaced mined gold equivalent ounces every year, with a 30% surplus on average over the last seven years.