- Sandstorm Gold reported Q2 Revenues of $13.2 million and net income of $3.0 million.
- Sold 10,149 gold equivalent ounces.
- Average cash costs were down 6% per gold equivalent ounce sold year-over-year to $310, netting an average margin of $986 per ounce.
- Attributable gold equivalent production guidance of 40,000 to 50,000 ounces of gold is reiterated.
- The stock is still a value buy as gold prices languish under $1300 and the stock trades under $6.00--wait for pullbacks and accumulate.