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Sandstorm Gold (NYSE:SAND) said Monday it sold 97,200 attributable gold equivalent oz and realized $179.6M in preliminary revenues for the full year, both representing company records, and preliminary total sales, royalties, and income from other interests totaled a record $191.5M for the full year.
FY 2023 preliminary cost of sales excluding depletion totaled $21.7M, resulting in cash operating margins of $1,706 per attributable gold equivalent oz.
For Q4, Sandstorm (SAND) said it sold 23,300 attributable gold equivalent oz and realized $44.5M in preliminary revenues, with preliminary total sales, royalties and income from other interests of $46.3M for the period.