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Sandstorm Gold: Q2 Earnings Snapshot

Sandstorm Gold: Q2 Earnings Snapshot

By AP News
Published - Aug 02, 2024, 04:12 AM ET
Last Updated - Aug 02, 2024, 04:12 AM EDT

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Thursday reported second-quarter profit of $10 million.

The Vancouver, British Columbia-based company said it had net income of 3 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of financing for gold mining companies posted revenue of $41.4 million in the period.

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