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VANCOUVER, British Columbia – Sandstorm Gold Ltd. (NYSE:SAND), a gold royalty company with a market capitalization of $1.92 billion, announced its annual results for the year ended December 31, 2024, today. The Vancouver-based firm, which specializes in gold and silver ores and maintains impressive gross profit margins of 84.22%, released the details in a Form 6-K filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company maintains a "GREAT" financial health score, with multiple positive indicators suggesting strong operational efficiency.
The document, which serves as a report of foreign private issuers pursuant to rules 13a-16 and 15d-16 of the Securities Exchange Act of 1934, was filed on Tuesday, February 18, 2025. Sandstorm Gold Ltd., previously known as Sandstorm Resources Ltd. until a name change in 2008, operates out of its principal executive offices located at Suite 3200 – 733 Seymour Street, Vancouver, British Columbia, Canada.
In the filing, the company indicated that it would file annual reports under cover Form 40-F, a form used by Canadian issuers that are permitted to file their annual report pursuant to Section 13 of the Securities Exchange Act of 1934.
The key exhibit attached to the filing, Exhibit 99.1, contains the detailed annual results for 2024. However, the specifics of these results, including financial performance metrics such as revenue, profits, losses, and operational highlights, were not disclosed in the provided 8-K data excerpt.
Erfan Kazemi, Chief Financial Officer of Sandstorm Gold Ltd., signed the report on behalf of the registrant, ensuring compliance with the requirements of the Securities Exchange Act of 1934.
Investors and stakeholders looking for comprehensive information on Sandstorm Gold Ltd.’s performance in 2024 should refer to the complete 6-K filing and associated exhibits. The report is based on a press release statement and provides a formal and verifiable account of the company’s financial status and operational achievements during the past year. The stock has shown remarkable strength, delivering a 56.58% return over the past year and currently trading near its 52-week high of $6.67. For deeper insights, InvestingPro subscribers can access detailed financial analysis, including 12 additional ProTips and a comprehensive Pro Research Report, part of the platform’s coverage of over 1,400 US equities.
Sandstorm Gold Ltd. is listed on the New York Stock Exchange under the ticker symbol SAND. The announcement of the annual results is expected to provide investors with insights into the company’s performance and strategic direction moving forward. Analyst targets for the stock range from $6.50 to $12.00, reflecting varied expectations for the company’s growth potential.
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