Sandstorm Gold: Q1 Earnings Snapshot
By AP News
Published - May 10, 2023, 06:10 PM ET
Last Updated - Jun 21, 2023, 08:53 PM EDT
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Wednesday reported first-quarter profit of $15.7 million.
The Vancouver, British Columbia-based company said it had net income of 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The provider of financing for gold mining companies posted revenue of $44 million in the period.