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Sandstorm Gold Ltd. (T:SSL)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 1400-400 Burrard St
Tel: 1-604-6281164
IR: See website
Key People
David E. De Witt
Independent Chairman of the Board
Nolan Watson
President, Chief Executive Officer, Non-Independent Director
Erfan Kazemi
Chief Financial Officer
David I. Awram
Senior Executive Vice President, Non-Independent Director
Thomas S. Bruington
Executive Vice President - Project Evaluation
George Darling
Senior Vice President - Engineering
Adam Spencer
Senior Vice President - Corporate Development
Ronald Ho
Vice President - Finance
Keith A. Laskowski
Vice President - Technical Services
Business Overview
Sandstorm Gold Ltd is a Canada-based gold royalty company. The Company provides upfront financing to gold mining companies that are looking for capital and in return receives the right to a percentage of the gold produced from a mine, for the life of the mine. The Company has acquired a portfolio of 188 royalties, of which approximately 21 of the underlying mines are producing. It is focused on investments towards production profile through the acquisition of additional gold royalties.
Financial Overview
For the fiscal year ended 31 December 2019, Sandstorm Gold Ltd revenues increased 22% to $89.4M. Net income increased from $5.9M to $16.4M. Revenues reflect Royalties segment increase of 41% to $7.1M. Net income benefited from Gain on loss of investment increase from $31K to $9.5M (income), Foreign exchange loss decrease of 97% to $86K (expense). Basic Earnings per Share excluding Extraordinary Items increased from $0.03 to $0.09.
Employees: 23 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,699M as of Dec 31, 2019
Annual revenue (TTM): $118.52M as of Dec 31, 2019
EBITDA (TTM): $76.49M as of Dec 31, 2019
Net annual income (TTM): $21.73M as of Dec 31, 2019
Free cash flow (TTM): -$5.23M as of Dec 31, 2019
Net Debt Last Fiscal Year: $40.61M as of Dec 31, 2019
Shares outstanding: 177,227,941 as of Dec 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization