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SSL Sandstorm Gold News Story

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Brief: Sandstorm Gold Q2 Revenue USD 51.4 Million

Overview

Sandstorm Q2 revenue rises to $51.4 mln, beating analyst expectations, per LSEG data

Net income for Q2 increases to $16.9 mln, up from $10.5 mln in 2024

Royal Gold to acquire Sandstorm in $3.5 bln all-share transaction

Outlook

Company forecasts 2025 production at 65,000-80,000 attributable gold equivalent ounces

Sandstorm's 2025 guidance sensitive to copper and silver price changes

Company expects long-term production of 150,000 attributable gold equivalent ounces by 2030

Sandstorm Transaction with Royal Gold expected to close in Q4 2025

Result Drivers

STRONG COMMODITY PRICES - Record revenue and operating margins driven by high gold and silver prices

DECREASED PRODUCTION - Attributable gold equivalent ounces decreased due to lower-grade stockpiles at key assets

OPERATIONAL IMPROVEMENTS - Increased mining activity and stronger throughput at key assets boosted revenue

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$51.40 mln$50 mln (1 Analyst)
Q2 Net Income$16.90 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the gold peer group is "buy" Wall Street's median 12-month price target for Sandstorm Gold Ltd is C$14.35, about 4.6% above its August 6 closing price of C$13.69 The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 43 three months ago Press Release: ID:nCNW4dfKga (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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