Another Record-Breaking Quarter For Sandstorm Gold

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About: Sandstorm Gold Ltd. (SAND), Includes: FTMNF
by: Peter Arendas
This article is exclusive for subscribers.
Peter Arendas
Long only, commodities, research analyst
Summary

Sandstorm Gold sold 17,289 toz gold in Q3.

The operating cash flow, and earnings set a new record high, the EPS climbed up to $0.03.

The company repurchased 2.4 million shares.

Gold equivalent sales of 15,000-22,000 toz gold are expected in Q4.

After the earnings release, Sandstorm Gold's share price reached the highest level since 2014.

Sandstorm Gold (SAND) set several new records in Q3 2019. Sandstorm's Aurizona mine royalty and Cerro Moro mine stream started delivering more gold and silver at the right time so that Sandstorm's