05:29 PM EDT, 07/10/2025 (MT Newswires) -- Sandstorm Gold ( SAND ) after close of trade Thursday said its second-quarter gold sales
Sandstorm sold 15,100 attributable gold equivalent ounces and realized record preliminary revenue of US$51.4 million, up from 17,414 attributable gold equivalent ounces and US$41.4 million in revenue for the comparable period in 2024.
The preliminary cost of sales was US$5.3 million resulting in record cash operating margins of approximately US$2,980 per attributable gold equivalent ounce, which is up from US$4.7 million and US$2,043 per attributable gold equivalent ounce for the comparable period in 2024, respectively.
As at June 30, the outstanding balance on the company's revolving credit facility was approximately US$315 million with an undrawn and available balance of US$310 million.
The company shares closed down $0.09 to $13.42 on the Toronto Stock Exchange.