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Sandstorm Gold (SAND)
NYSE:SAND
Holding SAND?
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.08Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2018
|% Change Since: -10.27%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with record operating margins, significant debt reduction, and plans for increased future production. However, there were challenges with lower-than-expected gold equivalent ounces and market knowledge gaps affecting investor confidence.Company Guidance
During the Q3 2024 earnings call, Sandstorm Gold Royalties provided guidance that highlights an updated production forecast for the year, adjusting it to between 70,000 and 75,000 gold equivalent ounces due to higher than anticipated gold prices and a slower ramp-up at their Greenstone stream. Despite challenges, the company anticipates a production increase to approximately 80,000 ounces in 2025, driven by the continued ramp-up of Greenstone and the Aurizona royalty coming online for a full year. Over the next five years, Sandstorm projects a significant production increase, eventually reaching 155,000 ounces per annum. The company is prioritizing debt repayment, having reduced its debt to $369 million with expectations of further reductions. Additionally, Sandstorm's key development assets, including Platreef, MARA, and Hod Maden, are projected to contribute between 70,000 to 85,000 ounces annually, underscoring a robust growth outlook.Record Operating Margins
Sandstorm Gold Royalties achieved record operating margins with cash operating margins of $2,215 per ounce, marking a record for the second consecutive quarter, driven by higher gold prices.
Debt Reduction and Financial Health
Debt repayment accelerated with a $10 million repayment already made in Q4, reducing the debt to $369 million as of the call date. The company plans to continue focusing on debt reduction and share buybacks.
Greenstone Production Milestone
Equinox declared commercial production at Greenstone with throughput averaging over 20,000 tonnes per day, which is 76% of design capacity.
Significant Future Production Growth
Sandstorm anticipates production to increase to 155,000 ounces per annum over the next 5 years, driven by key development projects like Platreef, MARA, and Hod Maden.
High Gold Prices Boosting Cash Flow
Gold prices averaged $2,520 per ounce during Q3, leading to increased cash flow and positive financial performance.
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SAND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SAND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $6.33 | $5.77 | -8.85% |
| Aug 01, 2024 | $5.62 | $5.48 | -2.49% |
| May 02, 2024 | $5.51 | $5.40 | -2.00% |
| Feb 15, 2024 | $4.05 | $4.08 | +0.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sandstorm Gold (SAND) report earnings?
Sandstorm Gold (SAND) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Sandstorm Gold (SAND) earnings time?
Sandstorm Gold (SAND) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SAND EPS forecast?
SAND EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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