Gold royalty company Sandstorm announces record results in first quarter

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Gold royalty company Sandstorm announces record results in first quarter gold royalty Sandstorm

- On Wednesday, gold royalty company Sandstorm Gold announced record attributable gold equivalent ounces of 28,368 ounces .

The company also reported record revenue of $44.0 million ; record total sales, royalties, and income from other interests of $54.0 million ; and record cash flows from operating activities, excluding changes in non-cash working capital of $42.7 million . The company’s net income and cash flows from operating activities were $15.6 million and $39.9 million, respectively, compared with net income of $9.1 million and cash flows from operating activities of $22.4 million for the comparable period in 2022.

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