DESIGNATED PRESS RELEASE
Second Quarter Preliminary Sales and Revenue
For the three months ended June 30, 2024, Sandstorm sold approximately 17,400 attributable gold equivalent ounces and generated preliminary revenue of $41.4 million. This represents a slight increase from the same period in 2023. Sandstorm also reported a cash operating margin of $2,043 per attributable gold equivalent ounce in the second quarter of 2024.
Release Date and Conference Call Details
The Company will announce its second-quarter results on August 1, 2024, after the markets close. A conference call is scheduled for August 2, 2024, at 8:30am PDT to discuss the results further. Investors can participate in the call using the provided dial-in numbers and conference ID or by joining the webcast.
Insight: Financial Performance Comparison
Comparing Sandstorm’s performance from 2024 to 2023 highlights the company’s consistency and potential growth trajectory. Despite the challenges posed by market fluctuations, Sandstorm managed to maintain a steady revenue stream and improve its cash operating margins, showcasing its resilience in the precious metals industry.
Contact Information
For more details about Sandstorm Gold Royalties, visit their website at www.sandstormgold.com or contact them via email at info@sandstormgold.com.
ABOUT SANDSTORM GOLD ROYALTIES
Sandstorm is a leading royalty company focused on precious metals. By providing upfront financing to mining companies in exchange for a share of production, Sandstorm has built a diverse portfolio of royalties. With plans to expand its low-cost production profile through acquiring additional gold royalties, the company is well positioned for future growth in the sector.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This press release contains forward-looking statements regarding the business, operations, and financial performance of Sandstorm Gold Royalties. These statements are based on assumptions and factors that could impact the company’s future results. Investors should consider potential risks such as market conditions, regulatory changes, production discrepancies, and competition when evaluating these forward-looking statements.
Insight: Risk Management Strategies
By highlighting the cautionary notes related to forward-looking information, Sandstorm demonstrates a commitment to transparency and risk management. Investors can appreciate the company’s awareness of potential challenges in the industry and efforts to mitigate these risks effectively.
View original content to download multimedia:
SOURCE Sandstorm Gold Ltd.
