Sandstorm Gold Q4 Earnings: Not The Best of The Bunch
The first royalty name of this earnings cycle has reported its fourth quarter results and quite frankly, the results are a bit disappointing given the current gold environment.
Revenue is down on an annual basis, production is down, and cash flows are down. But hey, at least they hit revised guidance. They can’t all be winners I suppose, and this is just one example.
The royalty name here is of course Sandstorm Gold (TSX: SSL), whom at the time of their third quarter earnings release basically said this year wasn’t going to be as good as initially expected. And well, they held up that statement.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
