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Sandstorm Gold Achieves Record Margins Amidst Strong Commodity Prices

Sandstorm Gold Achieves Record Margins Amidst Strong Commodity Prices

Sandstorm Gold (TSE:SSL) has released an update.

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Sandstorm Gold Ltd. reported record operating margins in the third quarter of 2024, driven by strong commodity prices, with revenues reaching $44.7 million for the quarter. The company also announced commercial production at the Greenstone gold mine, enhancing its portfolio with a new stream on gold production. Additionally, Sandstorm undertook share buybacks and declared a dividend, reflecting its commitment to shareholder returns.

For further insights into TSE:SSL stock, check out TipRanks’ Stock Analysis page.

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