Sandstorm Gold Ltd. (SAND)
Sandstorm Gold Ltd. operates in the Gold industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $12.12, up 0.00% on the session, giving a market capitalisation of $3.55B. On trailing twelve-month figures it carries a trailing P/E of 135.87, a net margin of 25.6%. Its beta of 0.79 implies it has historically moved less than the broad market.
Sandstorm Gold Ltd. functions as an enterprise primarily focused on gold royalties. Its principal activity involves securing royalty agreements and precious metals purchase agreements, known as streams, from firms managing either advanced development projects or operational mines. In exchange for providing upfront capital, Sandstorm obtains the contractual right to acquire a specific portion of a mine's future production for the duration of its operational life, at either a fixed price per unit or a set percentage of the prevailing market price. The company's extensive portfolio encompasses 230 streams and royalty interests. Sandstorm maintains a broad international presence, with operations spanning numerous countries, including Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D'Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. Established in 2007, the company was formerly named Sandstorm Resources Ltd. before adopting its current name, Sandstorm Gold Ltd., in February 2011. Its corporate headquarters are situated in Vancouver, Canada.
Sandstorm Gold Ltd. is most often compared with the following Basic Materials names: