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Sandstorm Gold Royalties Announces 2024 Sales and Revenue; Financial Results to be Released February 18

Sandstorm Gold Royalties Announces 2024 Sales and Revenue; Financial Results to be Released Febru...

articleSilver Sands Resources Corp.January 7, 20254/company/silver-sands-resources-corp/news/sandstorm-gold-royalties-announces-2024-sales-and-revenue-financial-results-to-be-released-february-18-1
Sandstorm Gold Royalties Announces 2024 Sales and Revenue; Financial Results to be Released February 18

About this update from Silver Sands Resources Corp.

[{"type":"text","content":"\n\n\n\n Sandstorm Gold Royalties Announces 2024 Sales and Revenue; Financial Results to be Released February 18\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Jan. 7, 2025\n \n\n /CNW/ - Sandstorm Gold Ltd. (\"Sandstorm Gold Royalties\", \"Sandstorm\", or the \"Company\") (NYSE: SAND) (TSX: SSL) is pleased to report the sales and revenue figures for the fourth quarter and year ended\n \n December 31, 2024\n \n (all figures in U.S. dollars).\n \n\n\n\n\n\n\n\n\n\n Annual Preliminary Sales and Revenue\n \n\n\n The Company sold approximately 72,800 attributable gold equivalent ounces\n \n 1\n \n and realized preliminary revenue\n \n 2\n \n of\n \n $176.3 million\n \n for the full 2024 year (97,245 attributable gold equivalent ounces and\n \n $179.6 million\n \n in revenue for the comparable period in 2023). Preliminary cost of sales, excluding depletion\n \n 2\n \n for the full 2024 year was\n \n $20.0 million\n \n resulting in cash operating margins\n \n 1\n \n of approximately\n \n $2,097\n \n per attributable gold equivalent ounce\n \n 1\n \n (\n \n $21.7 million\n \n and\n \n $1,706\n \n per attributable gold equivalent ounce for the comparable period in 2023, respectively).\n \n\n\n Fourth Quarter Preliminary Sales and Revenue\n \n\n\n During the three months ended\n \n December 31, 2024\n \n , the Company sold approximately 17,700 attributable gold equivalent ounces\n \n 1\n \n and realized preliminary revenue\n \n 2\n \n of\n \n $47.4 million\n \n (23,250 attributable gold equivalent ounces and\n \n $44.5 million\n \n in revenue for the comparable period in 2023). Preliminary cost of sales, excluding depletion\n \n 2\n \n for the three months ended\n \n December 31, 2024\n \n , was\n \n $4.3 million\n \n resulting in cash operating margins\n \n 1\n \n of approximately\n \n $2,397\n \n per attributable gold equivalent ounce\n \n 1\n \n (\n \n $4.9 million\n \n and\n \n $1,737\n \n per attributable gold equivalent ounce for the comparable period in 2023, respectively).\n \n\n\n Long-Term Outlook and C...

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