- Sandstorm Gold reported second-quarter revenue of $51.4 million, slightly missing the estimate of $52.1 million.
- Cash flow from operations was recorded at $38.5 million.
- The company reported an average gold realized price per ounce of $3,331, surpassing the estimate of $3,235.
- Royalty revenue stood at $21.1 million for the quarter.
- Sales were reported at $30.3 million, just below the estimate of $30.8 million.
- Earnings per share (EPS) were 5.0 cents, slightly above the estimate of 4.8 cents from two analysts.
- Market sentiment included 6 buy ratings, 1 hold rating, and 1 sell rating for Sandstorm Gold.
A look at Sandstorm Gold Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Sandstorm Gold is positioned favorably for long-term growth. With solid scores in Value, Growth, Resilience, and Momentum, the company shows promise in various key factors. While the Dividend score is slightly lower, the overall outlook remains positive for Sandstorm Gold.
Sandstorm Gold Ltd. is focused on acquiring gold purchase agreements with companies at advanced stages of development or with operating mines. The company’s unique business model involves making upfront cash payments to partners in exchange for the right to purchase a percentage of gold production at a fixed price per ounce for the duration of the mine’s life. This strategic approach, combined with favorable Smart Scores, bodes well for Sandstorm Gold‘s future growth and stability in the precious metals market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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