05:13 PM EDT, 05/06/2025 (MT Newswires) -- Sandstorm Gold ( SAND ) edged down in after-hours New York trading after the company on Tuesday said it swung to first-quarter profit on higher year-over-year revenue.

The royalty and streaming company said its net income for the quarter stood at US$11.3 million, compared with a net loss of US$3.9 million a year ago. Per-share amounts were not disclosed.

Revenue rose to US$50.1 million from US$42.8 million in the year-ago quarter. FactSet expected US$51.4 million. Of the total gold-equivalent production, about 73% came from precious metals, 20% from copper, and 7% from other commodities, the company said.

Sandstorm Gold ( SAND ) issued its 2025 and long-term outlooks during its previous quarterly results on Feb. 18. The company has said it expects to produce between 65,000 and 80,000 gold equivalent ounces in 2025, based on current streams and royalties. It added that due to progress in its development projects, it is raising its long-term production estimate to around 150,000 gold equivalent ounces by 2030, including the exercise of its exclusive gold stream option on the MARA project in Argentina.

The company's shares were last seen down US$0.06 to US$8.80 after hours. They closed