Sandstorm Gold ( (TSE:SSL) ) has provided an update.
Sandstorm Gold Ltd. reported record financial results for the first quarter of 2025, with revenue reaching $50.1 million, driven by strong commodity prices and increased deliveries from its Greenstone and Chapada mines. The company achieved a net income of $11.3 million, a significant turnaround from a net loss in the same period in 2024. Sandstorm also continued its share buyback program, purchasing and canceling approximately 3.1 million shares, and made significant progress in its deleveraging efforts with $15 million in net debt repayments. Additionally, Sandstorm’s joint venture with SSR Mining at the Hod Maden project is advancing with planned capital investments, and Glencore is expected to submit an application for the MARA project under Argentina’s RIGI. The company forecasts its production to be between 65,000 and 80,000 gold equivalent ounces in 2025, with a long-term outlook of 150,000 ounces by 2030.
Spark’s Take on TSE:SSL Stock
According to Spark, TipRanks’ AI Analyst, TSE:SSL is a Neutral.
Sandstorm Gold exhibits strong operational efficiency and promising growth prospects, balanced by stagnant revenue and high leverage. Technical indicators point to upward momentum, but the high valuation requires cautious optimism. Recent corporate developments, including share buybacks and portfolio growth, add a positive outlook for future performance.
To see Spark’s full report on TSE:SSL stock, click here.
More about Sandstorm Gold
Sandstorm Gold Ltd., operating as Sandstorm Gold Royalties, is a company in the mining industry that focuses on providing financing to mining companies in exchange for a percentage of the revenue or production from the mines. The company primarily deals in gold, but its portfolio also includes other commodities such as copper and silver. Sandstorm Gold is headquartered in Vancouver, British Columbia, and is listed on the NYSE and TSX.
Average Trading Volume: 573,540
Technical Sentiment Signal: Buy
Current Market Cap: C$3.38B
For an in-depth examination of SSL stock, go to TipRanks’ Stock Analysis page.