- Sandstorm Gold reported preliminary third quarter revenue of $44.7 million.
- Approximately 17,350 attributable gold equivalent ounces were sold during the third quarter.
- The reported revenue reflects an increase from the previous year’s third quarter revenue of $41.3 million.
- Preliminary cost of sales, excluding depletion, totaled $5.3 million compared to $4.7 million in the previous year.
- Preliminary cash operating margins were approximately $2,215 per attributable gold equivalent ounce, up from $1,699 per ounce year-over-year.
- The company currently has nine buy ratings, two hold ratings, and no sell ratings from analysts.
A look at Sandstorm Gold Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| 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 shows strong potential in terms of value, momentum, and growth. With a high value score of 4, the company is deemed to be attractively priced relative to its intrinsic value. Additionally, a momentum score of 4 suggests a positive trend in the company’s stock performance. In terms of growth, Sandstorm Gold has received a score of 3, indicating potential for future expansion and profitability.
However, the company’s outlook is somewhat dampened by lower scores in dividend and resilience, with scores of 2 for both factors. This suggests that Sandstorm Gold may not be a top choice for investors seeking steady dividend income or those looking for a high level of resilience during market fluctuations. Overall, with a mix of strong value, growth, and momentum scores, Sandstorm Gold shows promise for long-term investors willing to take on a certain level of risk.
### Sandstorm Gold Ltd. acquires gold purchase agreements with companies that have advanced stage development projects or operating mines. The Company makes an upfront cash payment to its partners and receives the right to purchase a percentage of the gold produced, for the life of the mine, at a fixed price per ounce. ###
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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