Sandstorm Gold Ltd (SAND) Reports Q1 Revenues Beat
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Sandstorm Gold Royalties Announces 2020 First Quarter results, ATM Program and Joins United Nations Global Compact
May 7, 2020 4:30 PM EDTVANCOUVER--(BUSINESS WIRE)-- Sandstorm Gold Ltd. (Sandstorm Gold Royalties, Sandstorm or the Company) (NYSE: SAND, TSX: SSL) has released its results for the first quarter ended March 31, 2020 (all figures in U.S. dollars).
First Quarter Highlights
Attributable gold equivalent ounces sold1 of 13,393 ounces (Q1 2019 14,071 ounces); Revenue of $21.3 million (Q1 2019 $18.2 million); Cash flows from operating activities, excluding changes in non-cash working capital1 of $14.4 million (Q1 2019 $12.8 million); Average cash cost per attributable gold equivalent ounce1 of $314 resulting in cash operating margins1 of $1,279 per ounce (Q1 2019: $241... More
