Sandstorm Gold (SAND) Posts Y/Y Preliminary Q2 Revenue Decline
SANDSandstorm Gold .(SAND) ZACKS·2024-07-08 22:10

Sandstorm Gold Ltd. (SAND) announced preliminary revenues and cash operating margins for the second quarter of 2024. Revenues in the quarter fell 16.9% year over year. The company’s cash operating margin moved up 17.1%.SAND sold nearly 17,400 attributable gold equivalent ounces (GEOs) in the quarter. This marks a 29% decline from the 24,504 ounces of GEOs sold in second-quarter 2023. Sandstorm Gold delivered preliminary revenues of 41.4million,downfromtheprioryearquarters41.4 million, down from the prior-year quarter’s 49.8 million.SAND reporte ...