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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
Adam Spencer
Senior Vice President - Corporate Development
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 six months ended 30 June 2020, Sandstorm Gold Ltd revenues increased 1% to $40.1M. Net loss totaled $3.2M vs. income of $4.9M. Revenues reflect Other Royalties segment increase from $3M to $9.8M, Diavik segment increase of 62% to $4.4M. Net loss reflects Impairment of Oil & Gas Assets increase from $212K to $8.9M (expense), Gain on loss of investment increase from $2.6M (income) to $759K (expense).
Employees: 23 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,190M as of Jun 30, 2020
Annual revenue (TTM): $120.04M as of Jun 30, 2020
EBITDA (TTM): $78.26M as of Jun 30, 2020
Net annual income (TTM): $11.04M as of Jun 30, 2020
Free cash flow (TTM): $41.26M as of Jun 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 191,057,203 as of Sep 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization