08:56 AM EDT, 07/05/2024 (MT Newswires) -- Sandstorm Gold ( SAND ) on Friday reported a drop in second quarter attributable gold sales and revenue.

The company said it sold nearly 17,000 attributable gold equivalent ounces in the three months to the end of June, declining from 24,504 attributable gold equivalent ounces a year ago. Realized preliminary revenue fell to $41.4 million from $49.8 million.

Cash operating margins increased to $2,043 per attributable gold equivalent ounce from $1,744 per attributable gold equivalent ounce.

Sandstorm's share price was up 0.5% at last look to $5.65 on the NYSE.