Canada's Sandstorm Gold rises on upbeat Q2 results

Sandstorm Gold

12/08/2022 15:54

** Shares of Canadian gold-focused streaming and royalty co
Sandstorm Gold  SSL.TO  up as much as 5.19% at C$8.11, among top
pct climbers on TSX composite 
    ** Co reported quarterly adjusted earnings of 20 cents​​ per
share, beating Refinitiv IBES estimates of 5 cents per share 
    ** Q2 revenue rises 36%, beating estimates, driven by 7%
increase in attributable gold equivalent ounces sold in the
quarter  urn:newsml:reuters.com:*:nCNW1DQtga
    ** Co expects attributable gold equivalent ounces for 2022
to be between 80,000 and 85,000 ounces
    ** Stock up ~3% YTD, as of last close

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com; Twitter: https://twitter.com/rithika_krishna;))