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Sandstorm Gold Ltd. (T:SSL)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
Company Contact
Address: 1400-400 Burrard Street
Tel: 1-778-9450972
IR: See website
Key People
Nolan Watson
President, Chief Executive Officer, Director
Erfan Kazemi
Chief Financial Officer
David I. Awram
Senior Executive Vice President, Director
Ian Grundy
Executive Vice-President - Corporate Development
Business Overview
Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring streams and royalties from mines. It holds a portfolio of approximately 250 royalties, of which 40 of the underlying mines are producing. The Company's segments include Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Diavik, Fruta del Norte, Hounde, Mercedes, Vale Royalties, Vatukoula and Other. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d'Ivoire. Caserones open pit mine is in the Atacama region of Chile. Cerro Moro mine is situated in Santa Cruz, Argentina. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Diavik mine is located in Lac de Gras, Northwest Territories, Canada. The Fruta del Norte gold mine is located in Ecuador.
Financial Overview
For the six months ended 30 June 2023, Sandstorm Gold Ltd revenues increased 32% to $93.8M. Net income decreased 64% to $17.7M. Revenues reflect Mercedes segment increase from $2.2M to $12.4M, Other segment increase from $4.3M to $12.5M. Net income was offset by Gain on disposal of stream, royalty and increase from $22.9M (income) to $2M (expense), Finance expense increase from $1.4M to $19.7M (expense). Dividend per share remained flat at $0.03.
Employees: 27 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $2,550M as of Jun 30, 2023
Annual revenue (TTM): $230.90M as of Jun 30, 2023
EBITDA (TTM): $189.33M as of Jun 30, 2023
Net annual income (TTM): $63.71M as of Jun 30, 2023
Free cash flow (TTM): -$641.73M as of Jun 30, 2023
Net Debt Last Fiscal Year: $598.54M as of Jun 30, 2023
Shares outstanding: 296,151,498 as of Aug 3, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization