Sandstorm Gold Royalties Announces Preliminary Q3 2024 Sales And Revenue; Sold ~17,350 Attributable Gold Equivalent Ounces And Realized Preliminary Revenue Of $44.7M; Preliminary Cost Of Sales, Excluding Depletion For The Three Months Ended September 30, 2024, Was $5.3M Resulting In Cash Operating Margins Of ~$2,215 Per Attributable Gold Equivalent Ounce
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Sandstorm Gold Royalties reported its preliminary Q3 2024 results, with sales of approximately 17,350 attributable gold equivalent ounces and revenue of $44.7 million. The company achieved cash operating margins of about $2,215 per ounce, an improvement from the previous year.
October 10, 2024 | 8:29 pm
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Sandstorm Gold Royalties announced its preliminary Q3 2024 results, showing an increase in revenue and cash operating margins compared to the previous year. The company sold 17,350 gold equivalent ounces, generating $44.7 million in revenue.
The increase in revenue and cash operating margins compared to the previous year suggests positive financial performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
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