Sandstorm Gold Royalties Announces Sold Approximately 97,200 Attributable Gold Equivalent Ounces And Realized Prelim. Revenue Of $179.6M For FY23, Consensus Est. $174.24M
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Sandstorm Gold Royalties (SAND) reported selling approximately 97,200 attributable gold equivalent ounces and realizing preliminary revenue of $179.6M for FY23, surpassing the consensus estimate of $174.24M.
January 08, 2024 | 9:23 pm
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Sandstorm Gold Royalties exceeded revenue expectations for FY23, reporting $179.6M against a consensus estimate of $174.24M.
Sandstorm Gold Royalties' reported revenue surpassing consensus estimates is a positive indicator of financial performance and may lead to a positive short-term impact on the stock price. Investors typically respond well to earnings that exceed market expectations, which can drive up the stock price.
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