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.
The news archive for Sandstorm Gold Ltd. (Sandstorm Gold Royalties, SAND) captures the company’s public announcements during its time as a listed precious metals-focused royalty company and through its acquisition by Royal Gold, Inc. Sandstorm’s releases describe a business model centered on providing upfront financing to mining companies in exchange for the right to a percentage of mine production for the life of the mine. The company reported that it held a portfolio of approximately 230 royalties, with about 40 producing mines.
In this news history, readers will find transaction and corporate development updates, including the plan of arrangement under which Royal Gold agreed to acquire all of the issued and outstanding common shares of Sandstorm. Several 2025 press releases detail shareholder approval of the arrangement, court approval, and the closing of the transaction, along with the exchange ratio of 0.0625 of a Royal Gold common share for each Sandstorm share. These items also discuss expectations for delisting Sandstorm’s shares from the Toronto Stock Exchange and the New York Stock Exchange and the intention to cease being a reporting issuer.
The archive also includes operational and financial news, such as announcements of record quarterly revenue, production in attributable gold equivalent ounces, and declared cash dividends. Additional releases outline Sandstorm’s perspective on growth opportunities within its royalty and streaming portfolio and its support for Royal Gold’s acquisition of a gold stream on the Kansanshi copper-gold mine, in the context of the broader combination of the two companies.
Because Sandstorm has since been acquired and its shares delisted, this page functions as a historical news record for the former SAND listing. Investors and researchers can use these archived articles to understand Sandstorm’s royalty-focused business model, the evolution of its portfolio, and the steps that led to its combination with Royal Gold.
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On April 5, 2023, Sandstorm Gold Ltd. (NYSE: SAND) reported record performance for the first quarter of 2023, with approximately 28,400 attributable gold equivalent ounces sold, leading to preliminary revenue of
Sandstorm Gold Ltd. (NYSE: SAND) has announced a cash dividend of C$0.02 per common share for the second quarter of 2023. Shareholders of record as of April 18, 2023 will receive the dividend on April 28, 2023. This dividend qualifies as an 'eligible dividend' as per the Income Tax Act in Canada. The company emphasizes that future dividends will depend on various factors, including financial position and profitability, and no guarantees are provided for payment of future dividends. Additionally, dividends for non-residents will be subject to Canadian withholding taxes.
Sandstorm Gold Royalties (NYSE: SAND) reported record results for the year ending December 31, 2022. Highlights include a record 82,376 attributable gold equivalent ounces, generating revenue of $148.7 million, a 29% increase from 2021. Cash flows from operations reached $109.8 million, while net income rose to $78.5 million, up from $27.6 million in 2021. The company made significant acquisitions, including Nomad Royalty Company, enhancing production capacity. Despite a net loss of $2.1 million in Q4 2022, attributable gold equivalent ounces for 2023 are forecasted to be between 85,000 and 100,000 ounces. Overall, Sandstorm is strategically positioned for growth.
Sandstorm Gold Ltd. (NYSE: SAND) will announce its 2022 fourth quarter and annual results on
Sandstorm Gold Ltd. (NYSE: SAND) reported record sales and revenue for 2022, achieving approximately 82,400 attributable gold equivalent ounces and preliminary revenue of $148.7 million. This reflects significant growth from 67,548 ounces and $114.9 million in 2021. The cost of sales was $23.4 million, resulting in cash operating margins of $1,511 per gold equivalent ounce. For Q4 2022, sales were about 21,800 ounces with revenue of $38.4 million, compared to 16,586 ounces and $29.8 million in Q4 2021. These preliminary figures are subject to change pending final adjustments.
Sandstorm Gold Ltd. has announced its first quarterly cash dividend for 2023, set at C$0.02 per common share, payable on January 27, 2023, to shareholders of record as of January 17, 2023. This dividend qualifies as an 'eligible dividend' under Canada's Income Tax Act. Future dividends will depend on the Board's approval and the company's financial health, profitability, and other relevant factors. The company holds a portfolio of 250 royalties, with 39 mines currently producing.