We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ssl Intl. | LSE:SSL | London | Ordinary Share | GB0007981128 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,163.00 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 1,163.00 | GBX |
SSL International (SSL) Share Charts1 Year SSL International Chart |
|
1 Month SSL International Chart |
Intraday SSL International Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 24/5/2024 | 23:00 | Sandstorm Gold Royalties (TSX) | 6 |
| 05/8/2020 | 22:04 | Sandstorm - gold streaming | 425 |
| 08/10/2010 | 15:00 | Johnny American to take this one out? | 1,374 |
| 27/11/2008 | 11:54 | SSL | 2 |
| 20/9/2006 | 09:48 | SSL ++++Bid Alert+++ I can see someone wanting SSL at this price | 131 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 24/5/2024 23:00 by stu31 Sandstorm Gold Royalties Provides Asset Updates; Greenstone Pours First Gold24/05/2024 1:15pm VANCOUVER, BC, May 24, 2024 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide updates on various developments from the Company's diversified royalty portfolio. Equinox Gold Pours First Gold at Consolidated Greenstone Mine Equinox Gold Corp. ("Equinox Gold") has announced first gold pour at its 100% owned Greenstone gold mine in Ontario, Canada. The inaugural gold pour was achieved on schedule, producing 1,800 ounces of gold from the full recovery circuit, with all equipment operating as expected. In April, Equinox Gold announced that ore had been introduced into the grinding circuit and more than 1.5 million tonnes ("Mt") of ore had been stockpiled for commissioning. Progressively higher-grade ore will be fed into the mill as production ramps up toward planned throughput of 27,000 tonnes per day, with commercial production targeted for the third quarter of 2024. In May, Equinox Gold closed the previously announced acquisition of the remaining 40% of Greenstone Gold Mine GP Inc. from certain funds managed by Orion Mine Finance Management LP ("Orion"), giving Equinox Gold 100% ownership of the Greenstone mine. Equinox Gold paid Orion US$705 million in cash and 42.0 million Equinox Gold shares valued at US$250 million on closing. An additional US$40 million in cash is payable by December 31, 2024, for total consideration of US$995 million for Orion's 40% interest. The consolidated Greenstone is Equinox Gold's largest mine, producing an expected average of 400,000 ounces of gold per year over the first five years and on average 360,000 ounces of gold per year over the initial 14-year mine life. Greenstone is expected to be one of the world's lowest-cost open-pit gold mines. Equinox Gold notes that the transaction also consolidates the Greenstone underground deposit, which is a key expansion opportunity at the mine, as well as multiple gold deposits in a highly prospective land package over a 100-kilometre trend to the west of Greenstone. For more information, visit Equinox Gold's website at www.equinoxgold.com and refer to the press releases dated April 9, April 23, May 13, and May 23, 2024. Sandstorm holds a gold stream on the Greenstone mine whereby the Company is entitled to purchase 2.375% of gold produced at the mine until 120,333 ounces are delivered, and then 1.583% of gold produced. Sandstorm will make ongoing payments equal to 20% of the spot price of gold per ounce plus an additional payment of up to US$30 per ounce in ESG contributions. Woodlawn Production Restart Study Outlines Pre-Tax NPV of A$658 Million Develop Global Limited ("Develop") has announced the results of a Production Restart Study (the "PRS") on its Woodlawn copper-zinc mine in New South Wales, Australia. The PRS outlines a pre-tax net present value ("NPV") of A$658 million, representing a 37% increase from the previous estimate. Proven and Probable Reserves have increased by 80% to 6.0 Mt at 1.5% copper, 1.3% lead, 3.6% zinc, 29.0 grams per tonne ("g/t") silver and 0.4 g/t gold containing 5.6 million ounces ("Moz") of silver. Inclusive Mineral Resources have increased by 55% to 11.3 Mt at 1.8% copper, 2.1% lead, 5.8% zinc, 46.0 g/t silver, and 0.5 g/t gold (based on a NSR cut-off grade of $A100 per tonne). In light of financial and operational metrics outlined in the PRS, Develop has decided to start exploring funding options which may result in it selling a minority interest in Woodlawn. The mine plan indicates Woodlawn will produce an average 12,000 tonnes of copper and 36,000 tonnes of zinc in payable metal per annum. Woodlawn is expected to produce 80,000 tonnes copper and 218,000 tonnes zinc in payable metal over the life of mine. For more information, visit Develop's website at www.develop.com.au and see the press release dated April 3, 2024. Sandstorm has a silver stream on the Woodlawn project whereby the Company has the right to purchase an amount of silver equal to 80% of payable silver produced, to a maximum value of A$27 million. In addition, the Company holds a second stream at Woodlawn under which the operator has agreed to pay Sandstorm A$1.0 million for each 1 Mt of tailings ore processed at Woodlawn, subject to a cumulative cap of A$10 million. Bonterra and Osisko Mining Announce Initial Exploration Results Under Urban-Barry Option Agreement Bonterra Resources Inc. ("Bonterra") has announced initial drill results from the exploration drilling program on the newly named Phoenix JV (formerly known as the Urban-Barry Property). The drill program is part of a definitive earn-in and joint venture agreement with Osisko Mining Inc. ("Osisko"), whereby Osisko has the right to acquire up to a 70% interest in the Phoenix JV by spending C$30 million in work expenditures over a three-year period. Osisko plans to drill over 35,000 metres on the project in 2024, and as of April 15, 2024, approximately 20,000 metres have been drilled on the project. Osisko has identified multiple targets on the project, including the Moss target, which is located only five kilometres south-west from the Windfall gold deposit. Initial drill results at Moss confirm similarities to the multimillion-ounce Windfall Gold deposit. First drill results include: OSK-PHX-24-004: 5.18 g/t gold over 3.3 metres from 528.0 metres, including 16.75 g/t gold over 1.0 metres from 528.0 metres, and; 3.19 g/t gold over 2.9 metres from 575.0 metres, including 12.70 g/t gold over 0.7 metres from 577.2 metres. OSK-PHX-24-013: 6.76 g/t gold over 0.8 metres from 11.0 metres, and; 9.63 g/t gold over 0.5 metres from 181.4 metres. OSK-PHX-24-030: 9.52 g/t gold over 0.3 metres from 62.5 metres. For more information, visit Bonterra's website at www.btrgold.com and refer to the press releases dated January 18, 2024, and April 15, 2024. Sandstorm holds a net smelter returns ("NSR") royalty ranging between 0.5%–3.9% on portions of the Urban-Barry property, which covers both the Barry and Moss deposits. Sandstorm also holds a 1.0% NSR royalty on the neighbouring Gladiator (West Arena) gold deposit. Houndé Gold Mine Exploration Program Update Endeavour Mining Corporation ("Endeavour") provided an update to its 2024 exploration program at the Houndé gold mine in Burkina Faso. In the first quarter of 2024, Endeavour spent US$2.3 million of a proposed US$7.0 million exploration program, consisting of 5,328 metres of drilling across 25 drill holes. The program is focused on delineating targets at depth within the Kari Area and Vindaloo Deeps, as well as adding resources at existing deposits. Drilling continued to test the continuity of mineralization at the Vindaloo Deeps target with preliminary results demonstrating the potential for a large, higher-grade underground resource. Additional drilling is also expected at the Koho East and Vindaloo South East deposits to improve resource definition. Sterilization drilling is expected to continue to confirm proposed footprints for future site infrastructure. In 2017, Sandstorm acquired a 2.0% NSR royalty on the Houndé mine, including the Vindaloo, Kari West, and Kari Center deposits, as well as the Koho East target. As of December 31, 2023, the mine has produced over 1.7 Moz of gold since production began in 2017 while contained gold in Mineral Reserves and Resources at Houndé has increased by approximately 55% over the same period1. Houndé hosts a Proven and Probable Reserve containing 2.6 Moz of gold within 52.1 Mt at 1.57 g/t gold. Measured and Indicated Resources, inclusive of Reserves, contain 3.8 Moz of gold contained in 73.1 Mt at 1.63 g/t gold (effective December 31, 2023; cut-off grade 0.5 g/t gold). For more information, visit Endeavour's website at www.endeavourmining. Fruta del Norte Mineral Reserves Increase to 5.50 Million Ounces Lundin Gold Inc. ("Lundin Gold") announced updated estimates of Mineral Reserves and Mineral Resources for its Fruta del Norte ("FDN") gold mine in Ecuador. Measured and Indicated inclusive Resources are reported at 23.53 Mt with an average grade of 9.24 g/t containing 6.99 Moz of gold based on a 3.4 g/t gold cut-off grade. Proven and Probable Reserves for FDN are reported at 21.70 Mt with an average grade of 7.89 g/t containing 5.50 Moz of gold. Lundin Gold reported that the 2023 conversion drilling campaign was successful at reclassifying Inferred Resources to Indicated in areas immediately beyond the current Reserve boundary, including extensions to the north, at depth and to the south of the FDN deposit. A total of 0.35 Moz of new Inferred Resources were also added as a result of the conversion and near-mine drilling completed in 2023. Inferred Resources are reported at 7.98 Mt with an average grade of 5.77 g/t containing 1.5 Moz. Lundin Gold has grown FDN's Mineral Reserves since operations began in 2019, adding approximately 2.6 Moz before mining depletion. For more information, visit Lundin Gold's website at www.lundingold.com and see the press releases dated March 27, 2024. Sandstorm holds a 0.9% net smelter returns ("NSR") royalty on the precious metals produced at FDN. Note 1 Resources inclusive of Reserves on a 100% basis. Houndé Mineral Reserves and Resources effective December 31, 2023 compared to Houndé Mineral Reserves and Resources effective December 31, 2017. For more information visit www.endeavourmining. Qualified Person Keith Laskowski (MSc), Sandstorm's Vice President, Geology is a Qualified Professional (#01221QP) of the Mining and Metallurgical Society of America and a Qualified Person as defined by Canadian National Instrument 43-101. He has reviewed and approved the technical information in this press release. Contact Information For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.co ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a precious metals-focused royalty company that provides upfront financing to mining companies and receives the right to a percentage of production from a mine, for the life of the mine. Sandstorm holds a portfolio of approximately 230 royalties, of which 40 of the underlying mines are producing. Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties. For more information visit: www.sandstormgold.co |
Posted at 24/5/2024 22:56 by stu31 Sandstorm Gold Royalties Announces 2024 First Quarter Results02/05/2024 10:02pm VANCOUVER, BC, May 2, 2024 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) has released its financial results for the first quarter ended March 31, 2024 (all figures in U.S. dollars). First Quarter Highlights Revenue of $42.8 million (Q1 2023 — $44.0 million); Attributable gold equivalent ounces1 of 20,316 ounces (Q1 2023 — 28,368 ounces); Cash flows from operating activities, excluding changes in non-cash working capital1 of $32.9 million (Q1 2023 — $42.7 million, which included a $10 million, one-time contractual payment from the Company's Mt. Hamilton royalty); Record cash operating margins1 of $1,782 per attributable gold equivalent ounce (Q1 2023 — $1,652 per ounce). Balance sheet and capital allocation update: The Company has continued to focus on de-levering its balance sheet and made $20 million in net repayments on its revolving credit facility during the first quarter. Subsequent to quarter end, the Company announced the sale of select non-core, non-precious metals assets for $21.0 million in cash as well as the renewal of its Normal Course Issuer Bid. Sale of select non-core, non-precious metals assets: In May, the Company announced it had signed a definitive purchase agreement with Evolve Strategic Element Royalties Ltd. to sell a package of royalties (including Highland Valley Copper, Seymour Lake, and any future royalty proceeds exceeding $10 million from Copper Mountain) (the "Evolve Transaction") for cash consideration of $21.0 million. The Evolve Transaction is expected to close within the second quarter of 2024. Upon completion of the Evolve Transaction, Sandstorm will have completed the sale of over $50 million of non-core royalty and equity investments since the third quarter of 2023, which includes cash consideration of approximately $40 million. While further monetization of the Company's investment portfolio is possible, subject to market conditions, the Company does not intend to monetize further royalty or stream assets. For further details about the Evolve Transaction, see the Company's press release dated May 2, 2024. Renewal of Normal Course Issuer Bid: In conjunction with accelerated deleveraging driven by recent non-core asset sales and the current commodity price environment, Sandstorm announced in May that the Board of Directors has approved the use of the renewed Normal Course Issuer Bid, which allows the Company to purchase up to 20 million of its common shares from time to time when management believes the common shares are undervalued by the market. Outlook Based on the Company's existing streams and royalties, attributable gold equivalent ounces for 2024 are forecasted to be between 75,000 and 90,000 ounces. The Company's production forecast is expected to reach approximately 125,000 attributable gold equivalent ounces within the next five years. Financial Results For the three months ended March 31, 2024, the Company realized quarterly revenue of $42.8 million compared with $44.0 million for the comparable period in 2023. The change in revenue is largely attributable to a 12% decrease in attributable gold equivalent ounces sold, excluding attributable ounces related to contractual payments, partially offset by a 10% increase in the average realized selling price of gold. Cash flows from operating activities were $32.4 million and the Company realized a net loss of $3.9 million, compared with $39.9 million in cash flows from operating activities and net income of $15.6 million for the comparable period in 2023. The change is due to a combination of factors including a $10.0 million decrease in other income related to a one-time contractual payment from the Company's Mt. Hamilton royalty received during the three months ended March 31, 2023, and a $9.2 million increase in losses recognized on the revaluation of the Company's investments driven by the changes in the fair value of investments in debentures. Streams & Royalties Of the gold equivalent ounces sold by the Company during the first quarter of 2024, approximately 13% were attributable to mines located in Canada, 15% from the rest of North America, 46% from South America, and 26% from other countries. THREE MONTHS ENDED MARCH 31, 2024 Revenue (in millions) Gold Equivalent Ounces Canada $ 5.5 2,652 North America excl. Canada $ 6.4 3,103 South America $ 19.7 9,122 Other $ 11.2 5,439 Total $ 42.8 20,316 Canada Streams and royalties on Canadian mines contributed approximately the same number of gold equivalent ounces to Sandstorm when compared to the first quarter of 2023. An increase in gold equivalent ounces sold from the Black Fox mine in Ontario was partially offset by a decrease in gold equivalent ounces received and sold from the CEZinc smelter in Québec and a decrease in royalty revenue attributable to the Diavik mine in Northwest Territories. Gold equivalent ounces from Canadian mines are expected to accelerate in the latter half of 2024 with the ramp-up of deliveries from the Company's Greenstone stream. North America Excluding Canada Gold equivalent ounces sold from operations located within North America, but outside of Canada, contributed 65% less gold equivalent ounces when compared to the first quarter of 2023. The change was primarily driven by a decrease in gold equivalent ounces attributable to a one-time contractual payment related to the Mt. Hamilton royalty that was received in the first quarter 2023 as well as a decrease in the number of gold equivalent ounces received and sold from the Santa Elena mine in Mexico where, as expected, production has transitioned to deposits not covered under Sandstorm's royalty claim. The decrease was partially offset by an increase in gold equivalent ounces sold from the Relief Canyon mine in Nevada, due to the timing of sales, and an increase in royalty revenue from the Cosalá mine in Mexico. South America Operations in South America contributed 34% less gold equivalent ounces sold when compared to the first quarter of 2023. The change was driven by a decrease in royalty revenue attributable to the Antamina mine in Peru following the partial disposition of the royalty to Horizon Copper Corp. in the second quarter of 2023, which reduced the Company's royalty entitlement, as well as a one-time adjustment to the asset retirement obligation at the Antamina mine to reflect updates related to a recently approved mine plan and other working capital adjustments. The change was also due to a decrease in revenue attributable to the Cerro Moro silver stream primarily due to grade sequencing at the mine, as well as a decrease in the average realized selling price of silver during the three months ended March 31, 2024, compared to the equivalent period in 2023. The decrease was partially offset by an increase in revenue related to the Caserones mine in Chile, primarily due to the timing of sales. Other Streams and royalties on mines in other countries contributed 88% more gold equivalent ounces sold when compared to the first quarter of 2023. This change was driven by an increase in attributable gold equivalent ounces sold from the Bonikro mine in Côte d'Ivoire, partially due to the timing of sales, as well as an increase in royalty revenue attributable to the Ivrindi royalty in Türkiye. Webcast & Conference Call Details A conference call will be held on Friday, May 3, 2024 starting at 8:30am PDT to further discuss the first quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: International: (+1) 416-764-8688 North American Toll-Free: (+1) 888-390-0546 Conference ID: 45071219 Webcast URL: hxxps://app.webinar. Note 1 Sandstorm has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards Accounting Standards as issued by the International Accounting Standards Board ("IFRS Accounting Standards" or "IFRS") including, (i) total sales, royalties, and income from other interests, (ii) attributable gold equivalent ounce, (iii) average cash cost per attributable gold equivalent ounce, (iv) cash operating margin, and (v) cash flows from operating activities excluding changes in non-cash working capital. (i) Total sales, royalties and income from other interests is a non-IFRS financial measure and is calculated by taking total revenue which includes sales and royalty revenue, and adding contractual income relating to royalties, streams and other interests excluding gains and losses on dispositions. The Company presents Total Sales, Royalties and Income from other interests as it believes that certain investors use this information to evaluate the Company's performance and ability to generate cash flow in comparison to other streaming and royalty companies in the precious metals mining industry. (ii) Attributable gold equivalent ounce is a non-IFRS financial ratio that uses total sales, royalties, and income from other interests as a component. Attributable gold equivalent ounce is calculated by dividing the Company's total sales, royalties, and income from other interests, less revenue attributable to non-controlling shareholders for the period, by the average realized gold price per ounce from the Company's gold streams for the same respective period. The Company presents Attributable Gold Equivalent ounce as it believes that certain investors use this information to evaluate the Company's performance in comparison to other streaming and royalty companies in the precious metals mining industry that present results on a similar basis. (iii) Average cash cost per attributable gold equivalent ounce is calculated by dividing the Company's cost of sales, excluding depletion by the number of attributable gold equivalent ounces. The Company presents average cash cost per Attributable Gold Equivalent ounce as it believes that certain investors use this information to evaluate the Company's performance and ability to generate cash flow in comparison to other streaming and royalty companies in the precious metals mining industry who present results on a similar basis. (iv) Cash operating margin is calculated by subtracting the average cash cost per attributable gold equivalent ounce from the average realized gold price per ounce from the Company's gold streams. The Company presents cash operating margin as it believes that certain investors use this information to evaluate the Company's performance and ability to generate cash flow in comparison to other streaming and royalty companies in the precious metals mining industry that present results on a similar basis. (v) Cash flows from operating activities excluding changes in non-cash working capital is a non-IFRS financial measure that is calculated by adding back the decrease or subtracting the increase in changes in non-cash working capital to or from cash provided by (used in) operating activities. The Company presents cash flows from operating activities excluding changes in non-cash working capital as it believes that certain investors use this information to evaluate the Company's performance in comparison to other streaming and royalty companies in the precious metals mining industry that present results on a similar basis. Refer to pages 31–33 of the Company's MD&A for the quarter ended March 31, 2024, which is available on SEDAR+ at www.sedarplus.ca, for a numerical reconciliation of the non-IFRS financial measures described above. The presentation of these non-IFRS financial measures is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Other companies may calculate these non-IFRS financial measures differently. Contact Information For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.co ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a precious metals-focused royalty company that provides upfront financing to mining companies and receives the right to a percentage of production from a mine, for the life of the mine. Sandstorm holds a portfolio of approximately 240 royalties, of which 40 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. For more information visit: www.sandstormgold.co |
Posted at 31/3/2024 19:46 by stu31 Sandstorm Gold Royalties Declares Quarterly Dividend28/03/2024 12:34pm VANCOUVER, BC, March 28, 2024 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to announce that its Board of Directors has declared the Company's second quarterly cash dividend for 2024 in the amount of C$0.02 per common share to shareholders of record as of the close of business on April 16, 2024. The dividend will be paid on April 26, 2024. The dividend qualifies as an "eligible dividend" as defined in the Income Tax Act (Canada). |
Posted at 31/3/2024 19:35 by stu31 Sandstorm Gold Royalties Announces Record 2023 Annual Results15/02/2024 10:13pm VANCOUVER, BC, Feb. 15, 2024 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) has released its financial results for the fourth quarter and year ended December 31, 2023 (all figures in U.S. dollars). Full Year Highlights Record attributable gold equivalent ounces1 of 97,245 ounces (FY 2022 — 82,376 ounces); Record revenue of $179.6 million (FY 2022 — $148.7 million); Record total sales, royalties, and income from other interests1 of $191.4 million (FY 2022 — $148.7 million); Record cash flows from operating activities, excluding changes in non-cash working capital1 of $151.1 million (FY 2022 — $109.8 million); Net income of $42.7 million (FY 2022 — $78.5 million); Average cash cost per attributable gold equivalent ounce1 of $223 resulting in cash operating margins1 of $1,706 per ounce (FY 2022 — $284 per ounce and $1,511 per ounce respectively); Debt Reduction and Monetization Efforts: De-levering remains a top priority for Sandstorm. As of February 15, 2024, the Company had $421 million drawn and outstanding on the credit facility. To further expedite debt repayment, the Company is undergoing a process to monetize between $40–$100 million of non-core assets by the end of 2024. Accordingly, in the fourth quarter of 2023, Sandstorm closed its previously announced agreement to sell the El Pilar and Blackwater Royalties for total consideration of $25.0 million comprised of cash and common shares. The Company anticipates that consideration from future monetization efforts will consist entirely of cash. Sandstorm's financial position continues to strengthen, with current available capital totaling over $200 million. Credit Facility Renewal: In September 2023, Sandstorm renewed its revolving credit facility, allowing the Company to borrow up to $625 million for a four year term. Closing of Antamina Transaction: In June 2023, Sandstorm closed the final component of its previously announced arrangement with Horizon Copper Corp. ("Horizon Copper") to sell a portion of the Company's Antamina royalty in consideration for a silver stream, debt, equity, and cash. Mercedes Stream Amendment: In January 2024, Sandstorm closed its previously announced transaction to amend its existing gold and silver stream agreements on the Mercedes mine with Bear Creek Mining Corporation ("Bear Creek") and to refinance certain other debt investments of Bear Creek that it holds. In exchange for the stream amendments, Sandstorm received a 1.0% NSR on Bear Creek's wholly-owned Corani project in Peru, one of the world's largest fully permitted silver deposits, and $10 million of additional consideration in the form of a combination of Bear Creek common shares and debt. Fourth Quarter Highlights Attributable gold equivalent ounces1 of 23,250 ounces (Q4 2022 — 21,753 ounces); Revenue of $44.5 million (Q4 2022 — $38.4 million); Total sales, royalties, and income from other interests1 of $46.3 million (Q4 2022 — $38.4 million); Cash flows from operating activities, excluding changes in non-cash working capital1 of $36.5 million (Q4 2022 — $29.9 million); Net income of $24.5 million (Q4 2022 — net loss of $2.1 million). Outlook Based on the Company's existing royalties, attributable gold equivalent ounces for 2024 are forecasted to be between 75,000 and 90,000 ounces. The Company's production forecast is expected to reach approximately 125,000 attributable gold equivalent ounces within the next five years. |
Posted at 31/3/2024 19:31 by stu31 297.7m shares in issue (3/24) Market Cap C$2084m (£1226m) at 700cOrion 16% Van Eck 10% Cash US$5m+Equity Inv (1/24) Debt US$435m website: Sandstorm Gold Royalties holds royalty rights on mining operations around the world. Rather than operating mines, we provide an upfront payment in exchange for future revenue or gold production. The result is a diversified portfolio of mining royalties that provides stable cash flows and an impressive growth profile. Today, our portfolio consists of approximately 250 royalties on mining projects around the world, with over 40 projects cash-flowing and many more in development. Today, approximately 70% of revenue comes from precious metals, growing to over 80% by 2028. Sandstorm’s estimated portfolio cash flow is expected to be approximately $130 million in 2024, rising to nearly $190 million in the next several years1. Sandstorm’s portfolio is also leveraged to commodity pricing, with a path to nearly $240 million by 2029 with higher commodity prices2. Commodity Price Scenarios 1. Gold: $1,800/oz, Silver: $23/oz, Copper: $3.90/lb 2. Gold: $2,200/oz, Silver: $25/oz, Copper: $5.00/lb ATTRIBUTABLE GOLD EQUIVALENT PRODUCTION 2023: 97,245k 2024: 75-90k Est 2025-7: 80-5k Est 2028: 100-110k Est 2029-30: 125-135k Est Date Declared... Record Date... Date Payable... Amount per Share March 31, 2023.. April 18, 2023.. April 28, 2023.. CAD $0.02 June 29, 2023.. July 18, 2023.. July 28, 2023.. CAD $0.02 September 28, 2023.. October 17, 2023.. October 27, 2023.. CAD $0.02 December 18, 2023.. January 16, 2024.. January 26, 2024.. CAD $0.02 March 28, 2024..April 16, 2024..April 26, 2024..CAD $0.02 23 mins 10 Uranium, 10 Silver, 10 Gold & 10 Copper Stocks - Rick Rule |
Posted at 05/8/2020 22:04 by doobydave People may know that SSL is regularly commented on by Gold Mining Bull on Seeking Alpha. Not sure about his track record, but he is much-followed. Here's his latest comment:This may partly explain the failure of SSL to rise with the soaring gold price, the other obvious factor being the Q2 results themselves: Any thoughts on these? FWIW I seized my chance and re-bought when the price hit CAD 12.50, so have upped my holding for free. Should I have diversified? Time will tell. |
Posted at 23/7/2020 12:25 by doobydave Just a wee cautionary note. Avi Gilburt (the Elliot Wave guru) thinks the current gold wave is due a significant correction, and the chap's not often wrong. He had predicted a 170-175 target for the recent uptrend - we're now at 175 and a bit.Also, I can't help noticing Sandstorm has shown signs of stalling in the last couple of days little despite very significant $ gold price and GLD appreciation. In the interests of transparency, I lightened my Sandstorm holding by 40% on Tuesday. I fully intend to buy back - lower obviously - to increase my holding. Just my take. |
Posted at 08/7/2020 06:31 by shavian Now feeling very comfortable with my 2018 decision to sell out of individual mining stocks to concentrate all gold investment into SSL and physical metal. |
Posted at 21/5/2020 08:24 by shavian Just my opinions, but WTFDIK?1. Yes, sooner or later 2. There used to be lots of such maps on the old Mariana website when they were publicly quoted. Dunno where to find them now. Email Nolan? 3. Depends on relations between SSL and Lydia. Bringing to production would be the higher risk strategy, physically and politically. If Nolan got a decent offer for HM I think he would be wisest to take it, but he won’t be in a hurry to sell. |
Posted at 28/7/2017 06:41 by shavian Epic new 40-min interview with Nolan on WallSttoMainSt on the SSL site:Covers all sorts of good background stuff on where the mining industry is heading, and why Sandstorm's positioning makes it the strongest growing streaming company, and why the share buy-backs will reduce the HM dilution from 19% to 14%. Very interesting comments about the recent GDXJ rebalancing and the 15% dip in SSL share price which resulted. The index funds will now have to buy back SSL at their next quarterly rebalancing endSeptember, which will happen post-the HM acquisition. All looks very positive for SSL imo. Also some interesting snippets about Cerro Morro close to the end of the interview. Set aside some quiet time, make yourself a large cuppa, and enjoy! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
