#Canada #Vancouver #Sandstorm Gold #Royalty Company #Q1 2025

Sandstorm Gold Royalties Reports Stellar First Quarter Results

Sandstorm Gold Ltd., recognized as a leading royalty company in the precious metals sector, recently disclosed its impressive first-quarter financial results for 2025. With the period concluding on March 31, the company not only attained remarkable sales figures but also initiated significant share repurchase activities, showcasing its strong financial health and shareholder commitment.

First Quarter Financial Highlights

During the first three months of 2025, Sandstorm achieved approximately 18,500 attributable gold equivalent ounces in sales. This translated into record preliminary revenue of around $50.1 million, representing a notable increase compared to the $42.8 million recorded in the same timeframe in 2024. Furthermore, total sales, royalties, and other income amounted to approximately $54.1 million, up from $42.8 million a year earlier.

The company’s cost of sales (excluding depletion) reached approximately $6.9 million, signifying strong cash operating margins estimated at $2,507 per attributable gold equivalent ounce. This value stands in stark contrast to the $1,782 margin from the previous year, highlighting Sandstorm’s enhanced operational efficiency and profitability.

Strategic Share Buybacks

In a strategic financial maneuver, Sandstorm executed a share buyback program, purchasing around 3.1 million common shares for approximately $19 million during the quarter. Management expressed that the current market price does not fully reflect the intrinsic value of its shares. Thus, repurchasing shares is viewed as an effective way to utilize available capital, especially compared to pursuing alternative investments. This decision signifies strong management confidence in the company's future prospects.

As of March 31, 2025, the outstanding balance on Sandstorm’s revolving credit facility stood at approximately $340 million, with an additional $285 million available for future needs. This liquidity reinforces the company’s ability to engage in further share repurchase actions and support debt repayment, contingent upon prevailing market conditions.

Looking Ahead: Conference Call and Future Plans

Sandstorm is scheduled to release detailed first-quarter results on May 6, 2025, following which a conference call will be hosted on May 7, 2025, at 8:30 AM PDT. Investors and analysts can participate by dial-in or via a webcast. The opportunity will provide insights into the company's performance and future direction.

Conclusion

Overall, Sandstorm Gold Royalties' Q1 2025 performance indicates a trajectory of growth and resilience amidst shifts in the economic landscape. With robust revenue figures, strategic capital allocation, and ongoing confidence in its market position, Sandstorm is well poised for continued success in the months to come. Industry observers will undoubtedly keep a close watch on upcoming developments and performance metrics as the company navigates the complexities of the precious metals market.