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Sandstorm Gold Ltd. (T:SSL)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 1400-400 Burrard Street
Tel: 1-866-5840234
IR: See website
Key People
Nolan Watson
President, Chief Executive Officer, Non-Independent Director
Erfan Kazemi
Chief Financial Officer
David I. Awram
Senior Executive Vice President, Non-Independent Director
Ian Grundy
Vice President - Corporate Development
Business Overview
Sandstorm Gold Ltd. is a Canada-based gold-focused streaming and royalty company. The Company offers financing solutions to the gold mining companies. The Company holds a portfolio of over 250 royalties, of which approximately 39 of the underlying mines are producing. It is focused on investments towards production profile through the acquisition of additional gold royalties. The Company's projects include Altintepe, Aurizona, Black Fox, Bracemac-McLeod, Cerro Moro, Chapada, Agi Dagi, Hugo North Extension, Kirazli, Altan Nar, Goldwedge, Ruddock Creek, Emigrant, Forrestania, Fruta del Norte, Gualcamayo, HM Claim, Hounde, Karma, Triangle Zone, Ajax, Bayan Khundii, Coringa, RDM Gold Royalty, Gualcamayo Gold Royalty, Troilus Gold Royalty, Moss Gold Royalty, Robertson Gold Royalty, Blackwater Gold Royalty and Caserones Royalty. The Company's stream interests include Blyvoor Gold Stream, Woodlawn Silver Stream, Mercedes and South Arturo Silver Stream and Bonikro Gold Stream.
Financial Overview
For the six months ended 30 June 2022, Sandstorm Gold Ltd revenues increased 24% to $71.3M. Net income increased from $13.6M to $48.8M. Revenues reflect Vale Royalties segment increase from $198K to $5.1M, Chapada segment increase of 52% to $10.8M, Brazil segment increase of 61% to $19.1M, Canada segment increase of 33% to $10.2M. Net income benefited from Gain on loss of investment decrease of 59% to $670K (expense).
Employees: 23 as of Dec 31, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $1,573M as of Jun 30, 2022
Annual revenue (TTM): $166.69M as of Jun 30, 2022
EBITDA (TTM): $114.92M as of Jun 30, 2022
Net annual income (TTM): $81.38M as of Jun 30, 2022
Free cash flow (TTM): $15.73M as of Jun 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 205,731,491 as of Aug 11, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization