Sandstorm Gold Royalties Announces Sales And Record Revenue In Q2 2023; Sold ~24,500 Attributable Gold Equivalent Ounces And Realized Record Preliminary Revenue Of $49.8M
Portfolio Pulse from Happy Mohamed
Sandstorm Gold Ltd. (NYSE:SAND) (TSX:SSL) reported Q2 2023 sales of approximately 24,500 attributable gold equivalent ounces and record preliminary revenue of $49.8 million, compared to 19,276 ounces and $36.0 million in revenue for the same period in 2022. Preliminary cost of sales for the quarter was $5.6 million, resulting in cash operating margins of approximately $1,743 per attributable gold equivalent ounce.
July 06, 2023 | 8:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Sandstorm Gold Ltd. reported strong Q2 2023 results with record revenue and increased sales, which could positively impact its stock price.
The company reported record revenue and increased sales for Q2 2023, which indicates strong financial performance. This is likely to be viewed positively by investors and could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100