Sandstorm Gold Management

Management criteria checks 4/4

Sandstorm Gold's CEO is Nolan Watson, appointed in Sep 2008, has a tenure of 16.25 years. total yearly compensation is $1.76M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth $7.22M. The average tenure of the management team and the board of directors is 5.9 years and 15.6 years respectively.

Key information

Nolan Watson

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage23.3%
CEO tenure16.3yrs
CEO ownership0.5%
Management average tenure5.9yrs
Board average tenure15.6yrs

Recent management updates

Recent updates

Sandstorm Gold Offers Unique Growth Potential Amid Record Gold Prices

Oct 16

Sandstorm Gold: Our Favorite Gold Play For The Next Rate Cycle

Aug 22

Sandstorm Gold: Potential Additional Upside But First, A Lower Price

May 23

Sandstorm Gold: A Deep Dive Into The Company And Undervaluation

Mar 07

Sandstorm Gold: Irrational Recent Price Decline

Feb 21

Sandstorm Gold: Potential Strong Upside But Not Soon

Jan 25

Sandstorm Gold: Higher Prices Likely Ahead

Nov 09

Sandstorm Gold: Even A Broken Clock Is Right Twice A Day

Oct 09

Sandstorm Gold: A Solid Quarter But Not Solid Enough

Aug 14

Sandstorm Gold: GEO Production Weakening Sequentially

Jul 10

Sandstorm Gold: The Stock Outperformance Is An Issue

Jun 16

Sandstorm Gold: I'm Pounding The Table

May 30

Sandstorm Gold reports Q4 results

Feb 21

Sandstorm Gold: Time To Accumulate On Weakness Is Here

Jan 13

Sandstorm Gold declares CAD 0.02 dividend

Dec 20

Sandstorm Gold: Too Cheap To Ignore

Dec 06

Sandstorm Gold net income of C$31.7M, revenue of C$39M

Nov 07

Sandstorm Gold: Record Gold Equivalent Production In Q3

Oct 08

Sandstorm Gold declares CAD 0.02 dividend

Sep 29

Sandstorm Gold: Industry-Leading Growth At An Attractive Valuation

Sep 19

Sandstorm Gold: A Hold For The Coming Gold Rush

Sep 12

Sandstorm Gold Is About To Get Bigger

Aug 15

Sandstorm Gold declares CAD 0.02 dividend

Jun 30

Sandstorm Gold: A Streamer On Steroids

Jun 06

Sandstorm Gold: The $1.1 Billion Transactions That Take It To New Heights

May 24

CEO Compensation Analysis

How has Nolan Watson's remuneration changed compared to Sandstorm Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$35m

Jun 30 2024n/an/a

US$30m

Mar 31 2024n/an/a

US$22m

Dec 31 2023US$2mUS$408k

US$42m

Sep 30 2023n/an/a

US$15m

Jun 30 2023n/an/a

US$47m

Mar 31 2023n/an/a

US$85m

Dec 31 2022US$3mUS$354k

US$78m

Sep 30 2022n/an/a

US$88m

Jun 30 2022n/an/a

US$63m

Mar 31 2022n/an/a

US$32m

Dec 31 2021US$2mUS$355k

US$28m

Sep 30 2021n/an/a

US$31m

Jun 30 2021n/an/a

US$31m

Mar 31 2021n/an/a

US$29m

Dec 31 2020US$2mUS$342k

US$14m

Sep 30 2020n/an/a

US$9m

Jun 30 2020n/an/a

US$8m

Mar 31 2020n/an/a

US$4m

Dec 31 2019US$2mUS$317k

US$16m

Sep 30 2019n/an/a

US$14m

Jun 30 2019n/an/a

US$10m

Mar 31 2019n/an/a

US$8m

Dec 31 2018US$2mUS$293k

US$6m

Sep 30 2018n/an/a

US$4m

Jun 30 2018n/an/a

US$7m

Mar 31 2018n/an/a

US$4m

Dec 31 2017US$2mUS$303k

US$11m

Compensation vs Market: Nolan's total compensation ($USD1.76M) is below average for companies of similar size in the US market ($USD5.51M).

Compensation vs Earnings: Nolan's compensation has been consistent with company performance over the past year.


CEO

Nolan Watson (44 yo)

16.3yrs

Tenure

US$1,755,775

Compensation

Mr. Nolan Allan Watson, BComm, CA, CFA, F.C.A., FCPA, has been the Chief Executive Officer and President of Sandstorm Gold Ltd. (also known as, Sandstorm Resources Ltd.) since September 23, 2008. He serves...


Leadership Team

NamePositionTenureCompensationOwnership
Nolan Watson
Co-Founder16.3yrsUS$1.76m0.45%
$ 7.2m
David Awram
Co-Founderno dataUS$1.34m0.24%
$ 3.8m
Erfan Kazemi-Esfahani
Chief Financial Officer13.3yrsUS$1.13m0.031%
$ 488.1k
Ian Grundy
Executive Vice President of Corporate Developmentno dataUS$1.44m0.0039%
$ 61.4k
Thomas Bruington
Executive Vice President of Project Evaluation11.9yrsUS$1.34mno data
Ron Ho
Senior Vice President of Finance5.9yrsUS$571.49kno data
Keith Laskowski
Vice President of Geologyno datano datano data
Kim Bergen
Vice President of Capital Markets4.8yrsno datano data
Sarah Ford
VP of Financial Analysis & Sustainabilityless than a yearno datano data
Christine Gregory
Corporate Secretaryno datano datano data
Livia Danila
VP & Corporate Controller4.8yrsno datano data

5.9yrs

Average Tenure

48.5yo

Average Age

Experienced Management: SAND's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nolan Watson
Co-Founder16.3yrsUS$1.76m0.45%
$ 7.2m
David Awram
Co-Founder17.8yrsUS$1.34m0.24%
$ 3.8m
Andrew Swarthout
Independent Director15.8yrsUS$215.02k0.015%
$ 234.6k
David De Witt
Independent Non-Executive Chairman16.7yrsUS$215.02k0.33%
$ 5.2m
John Philip Budreski
Independent Director15.5yrsUS$215.02k0.015%
$ 238.2k
Mary Little
Independent Director10.5yrsUS$215.02k0.12%
$ 1.9m
Elif Levesque
Non-Independent Director1.5yrsUS$119.48k0.042%
$ 673.4k
Vera Kobalia
Independent Director6.5yrsUS$215.02k0.0017%
$ 26.8k

15.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SAND's board of directors are seasoned and experienced ( 15.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:38
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sandstorm Gold Ltd. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Heiko IhleAlliance Global Partners
Brian QuastBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity