Welcome to our dedicated page for Sandstorm Gold news (Ticker: SAND), a resource for investors and traders seeking the latest updates and insights on Sandstorm Gold stock.
Sandstorm Gold Ltd (NYSE: SAND) provides investors with transparent access to corporate developments through this centralized news hub. Track official announcements detailing gold streaming agreements, royalty acquisitions, and strategic portfolio updates from the pioneering precious metals financier.
Discover timely updates on mine financing partnerships, production milestones from streaming contracts, and financial performance reports. This resource consolidates press releases related to asset diversification across North American, South American, and global mining projects while maintaining focus on SAND's capital-efficient business model.
Key updates include new streaming agreements, royalty portfolio expansions, quarterly financial disclosures, and management commentary. Investors benefit from direct access to primary sources without operational noise typical of traditional mining companies.
Bookmark this page for efficient tracking of SAND's non-operational growth strategy and its evolving position in commodity finance markets. Regular updates ensure informed analysis of the company's unique approach to precious metals exposure.
Sandstorm Gold Ltd. (SAND) has announced its first cash dividend of C$0.02 per common share for Q1 2022. Shareholders on record as of January 18, 2022 will receive the dividend on January 28, 2022. This inaugural dividend is classified as an eligible dividend under Canadian tax laws. Future dividends will depend on various factors including profitability and cash flow. Sandstorm also filed a Technical Report on the Hod Maden Project Feasibility Study with an effective date of February 28, 2021.
Sandstorm Gold Ltd. (NYSE: SAND) provided an update on its royalty portfolio, notably reducing its short-term production guidance to approximately 63,000 gold equivalent ounces annually due to an updated mine plan from First Majestic Silver Corp. at the Santa Elena mine. The long-term guidance remains at 125,000 ounces by 2025. Additionally, updates from Equinox Gold and Antipa Minerals showed promising production increases and exploration success, while drill results at Erdene's Dark Horse deposit confirmed high-grade gold finds.
Sandstorm Gold Ltd. has released the results of its Hod Maden Feasibility Study (FS), showcasing a pre-tax net present value (NPV) of $1.3 billion and an internal rate of return (IRR) of 41%. The project, in which Sandstorm holds a 30% interest, has estimated all-in sustaining costs of $334 per ounce on a by-product basis. The total proven and probable mineral reserves include 2.45 million ounces of gold and 287 million pounds of copper. The project is expected to begin production in 2024, following the approval of its Environmental Impact Assessment.
Sandstorm Gold Ltd. (NYSE: SAND) announced that Lidya Madencilik Sanayi ve Ticaret A.S. has received final approval for the Environmental Impact Assessment (EIA) of the Hod Maden project from Turkey's Ministry of Environment and Urbanization. This approval is a significant milestone, enabling Lidya to seek final permits and begin long-lead construction items. Results from the Hod Maden Feasibility Study are expected to be released soon, potentially enhancing Sandstorm's project pipeline and operational capacity.
Sandstorm Gold Ltd. has reported its third-quarter results for 2021, showing significant progress, including the initiation of a quarterly dividend program with a proposed dividend of C$0.02 per share starting in Q1 2022. The company's revenue increased to $27.6 million, up from $23.3 million in Q3 2020, attributed to a 29% rise in gold equivalent ounces. Operating cash flow also improved to $20.8 million. However, average realized prices fell by 8%. Sandstorm remains poised for growth with a forecast of 64,000-69,000 attributable gold equivalent ounces for 2021.
Sandstorm Gold Ltd. (NYSE: SAND) will announce its 2021 third quarter results on November 3, 2021, after market hours. A conference call is scheduled for November 4, 2021, at 8:30 am PDT to discuss these results. The company operates as a royalty provider for gold mining firms, with a portfolio featuring 229 royalties, including 28 producing mines. Sandstorm aims to enhance and diversify its low-cost production profile through additional royalty acquisitions.
Sandstorm Gold Ltd. (NYSE: SAND) reported selling approximately 15,500 attributable gold equivalent ounces and generating $27.6 million in preliminary revenue for the three months ended September 30, 2021. The preliminary cost of sales was $3.7 million, which results in cash operating margins of around $1,540 per attributable gold equivalent ounce. These figures may change as they remain unaudited and are subject to quarter-end adjustments.
Sandstorm Gold Ltd. (NYSE: SAND) reported strong second-quarter results for 2021, achieving record attributable gold equivalent ounces of 18,004, up from 10,920 in Q2 2020. Revenues rose to $26.4 million compared to $18.7 million a year earlier. Significant acquisitions during the quarter included over $140 million in stream and royalty transactions, enhancing cash flow and asset diversification. The company's net income increased to $8.6 million, supported by a $5.9 million gain from Vale royalties. Sandstorm forecasts 2021 gold equivalent production between 62,000 and 69,000 ounces.
Sandstorm Gold Ltd. (NYSE: SAND) will release its 2021 second quarter results on August 5, 2021, after market close. A conference call is scheduled for August 6, 2021, at 8:30am PDT to discuss these results. Participants can join via dial-in numbers or a webcast. Sandstorm Gold Royalties focuses on providing upfront financing to gold mining companies, acquiring a portfolio of 229 royalties, with 28 mines currently producing. The company aims to grow its low-cost production profile.
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