Sandstorm Gold Management
Management criteria checks 4/4
Sandstorm Gold's CEO is Nolan Watson, appointed in Sep 2008, has a tenure of 16.67 years. total yearly compensation is $1.40M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $11.47M. The average tenure of the management team and the board of directors is 6.3 years and 16 years respectively.
Key information
Nolan Watson
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 26.8% |
| CEO tenure | 16.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 6.3yrs |
| Board average tenure | 16yrs |
Recent management updates
Recent updates
Sandstorm Gold: Step Into The Sandstorm Before It Sweeps Away The Upside
Apr 18Sandstorm Gold: A Top Royalty Play Poised For Major Upside
Mar 16Sandstorm Gold: Healthier Conditions Add Momentum To Gold's Rally; Volatility Is An Ally
Jan 05Sandstorm Gold Offers Unique Growth Potential Amid Record Gold Prices
Oct 16Sandstorm Gold: Our Favorite Gold Play For The Next Rate Cycle
Aug 22Sandstorm Gold: Potential Additional Upside But First, A Lower Price
May 23Sandstorm Gold: A Deep Dive Into The Company And Undervaluation
Mar 07Sandstorm Gold: Irrational Recent Price Decline
Feb 21Sandstorm Gold: Potential Strong Upside But Not Soon
Jan 25Sandstorm Gold: Higher Prices Likely Ahead
Nov 09Sandstorm Gold: Even A Broken Clock Is Right Twice A Day
Oct 09Sandstorm Gold: A Solid Quarter But Not Solid Enough
Aug 14Sandstorm Gold: GEO Production Weakening Sequentially
Jul 10Sandstorm Gold: The Stock Outperformance Is An Issue
Jun 16Sandstorm Gold: I'm Pounding The Table
May 30Sandstorm Gold reports Q4 results
Feb 21Sandstorm Gold: Time To Accumulate On Weakness Is Here
Jan 13Sandstorm Gold declares CAD 0.02 dividend
Dec 20Sandstorm Gold: Too Cheap To Ignore
Dec 06Sandstorm Gold net income of C$31.7M, revenue of C$39M
Nov 07Sandstorm Gold: Record Gold Equivalent Production In Q3
Oct 08Sandstorm Gold declares CAD 0.02 dividend
Sep 29Sandstorm Gold: Industry-Leading Growth At An Attractive Valuation
Sep 19Sandstorm Gold: A Hold For The Coming Gold Rush
Sep 12Sandstorm Gold Is About To Get Bigger
Aug 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$29m |
| Dec 31 2024 | US$1m | US$375k | US$14m |
| Sep 30 2024 | n/a | n/a | US$35m |
| Jun 30 2024 | n/a | n/a | US$30m |
| Mar 31 2024 | n/a | n/a | US$22m |
| Dec 31 2023 | US$2m | US$408k | US$42m |
| Sep 30 2023 | n/a | n/a | US$15m |
| Jun 30 2023 | n/a | n/a | US$47m |
| Mar 31 2023 | n/a | n/a | US$85m |
| Dec 31 2022 | US$3m | US$354k | US$78m |
| Sep 30 2022 | n/a | n/a | US$88m |
| Jun 30 2022 | n/a | n/a | US$63m |
| Mar 31 2022 | n/a | n/a | US$32m |
| Dec 31 2021 | US$2m | US$355k | US$28m |
| Sep 30 2021 | n/a | n/a | US$31m |
| Jun 30 2021 | n/a | n/a | US$31m |
| Mar 31 2021 | n/a | n/a | US$29m |
| Dec 31 2020 | US$2m | US$342k | US$14m |
| Sep 30 2020 | n/a | n/a | US$9m |
| Jun 30 2020 | n/a | n/a | US$8m |
| Mar 31 2020 | n/a | n/a | US$4m |
| Dec 31 2019 | US$2m | US$317k | US$16m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$10m |
| Mar 31 2019 | n/a | n/a | US$8m |
| Dec 31 2018 | US$2m | US$293k | US$6m |
Compensation vs Market: Nolan's total compensation ($USD1.40M) is below average for companies of similar size in the US market ($USD7.59M).
Compensation vs Earnings: Nolan's compensation has been consistent with company performance over the past year.
CEO
Nolan Watson (44 yo)
16.7yrs
Tenure
US$1,400,249
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16.7yrs | US$1.40m | 0.46% $ 11.5m | |
| Co-Founder | no data | US$1.13m | 0.24% $ 6.0m | |
| Chief Financial Officer | 13.8yrs | US$912.45k | 0.031% $ 775.3k | |
| Executive Vice President of Corporate Development | no data | US$1.13m | 0.0039% $ 97.7k | |
| Executive Vice President of Project Evaluation | 12.3yrs | US$1.18m | no data | |
| Senior Vice President of Finance | 6.3yrs | US$571.49k | no data | |
| Vice President of Geology | no data | no data | no data | |
| Vice President of Capital Markets | 5.2yrs | no data | no data | |
| VP of Financial Analysis & Sustainability | 1.1yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| VP & Corporate Controller | 5.2yrs | no data | no data |
6.3yrs
Average Tenure
48.5yo
Average Age
Experienced Management: SAND's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 16.7yrs | US$1.40m | 0.46% $ 11.5m | |
| Co-Founder | 18.2yrs | US$1.13m | 0.24% $ 6.0m | |
| Independent Director | 16.2yrs | US$204.82k | 0.015% $ 372.6k | |
| Independent Non-Executive Chairman | 17.1yrs | US$204.82k | 0.33% $ 8.3m | |
| Independent Director | 15.9yrs | US$204.82k | 0.015% $ 378.4k | |
| Independent Director | 10.9yrs | US$204.72k | 0.12% $ 3.0m | |
| Non-Independent Director | 1.9yrs | US$204.72k | 0.043% $ 1.1m | |
| Independent Director | 6.9yrs | US$204.72k | 0.0017% $ 42.6k |
16.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: SAND's board of directors are seasoned and experienced ( 16 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/09 13:50 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Sandstorm Gold Ltd. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Heiko Ihle | Alliance Global Partners |
| Rene Cartier | BMO Capital Markets Equity Research |
| Brian Quast | BMO Capital Markets Equity Research |