Sandstorm Gold 2024 Preliminary Revenues Miss Estimates, Decline Y/Y
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Sandstorm Gold's preliminary revenues for 2024 have decreased by 2% year over year, missing estimates due to lower attributable gold-equivalent ounces sold.
January 08, 2025 | 7:00 pm
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NEGATIVE IMPACT
Sandstorm Gold's preliminary revenues for 2024 have decreased by 2% year over year, missing estimates due to lower attributable gold-equivalent ounces sold.
The decline in Sandstorm Gold's revenues and the miss on estimates are likely to negatively impact investor sentiment, leading to a potential short-term decrease in stock price. The decrease in gold-equivalent ounces sold is a key factor in the revenue drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100