Sandstorm Gold (TSE:SSL) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$44.7m (up 8.2% from 3Q 2023).
- Net income: US$5.40m (up from US$241.0k loss in 3Q 2023).
- Profit margin: 12% (up from net loss in 3Q 2023).
- EPS: US$0.018 (up from US$0.001 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sandstorm Gold EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 32%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 6.1% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Sandstorm Gold.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:SSL
Good value with reasonable growth potential.
