SANDSTORM GOLD ROYALTIES ANNOUNCES RECORD SALES AND REVENUE IN SECOND QUARTER 2022 PR Newswire
VANCOUVER, BC, July 5, 2022
VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to report that the Company sold approximately 19,200 attributable gold equivalent ounces1 and realized preliminary revenue2 of $36.0 million (total sales, royalties, and income from other interests1 of $36.0 million) during the three months ended June 30, 2022, all representing a record for the Company (18,004 attributable gold equivalent ounces, $26.4 million in revenue, and $32.3 million in total sales, royalties, and income from other interests for the comparable period in 2021). Preliminary cost of sales, excluding depletion2 for the three month period was $5.3 million resulting in cash operating margins1 of approximately $1,590 per attributable gold equivalent ounce1 ($4.1 million and $1,569 per attributable gold equivalent ounce for the comparable period in 2021, respectively). |
