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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 nine months ended 30 September 2020,Sandstorm Gold Ltd revenues decreased 3% to $63.3M. Netincome decreased 70% to $3.3M. Revenues reflect Mingsegment decrease of 89% to $370K, Diavik segment decreaseof 65% to $1.6M. Net income also reflects Gain on loss ofinvestment decrease of 79% to $968K (income), Projectevaluation increase from $656K to $2.1M (expense).
Employees: 23 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,697M as of Sep 30, 2020
Annual revenue (TTM): $110.28M as of Sep 30, 2020
EBITDA (TTM): $73.06M as of Sep 30, 2020
Net annual income (TTM): $10.90M as of Sep 30, 2020
Free cash flow (TTM): $56.48M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 192,361,417 as of Oct 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization