Sandstorm Gold Ltd.
0VGM.L
London Stock Exchange16.25
CAD
-0.81
- -
Sandstorm Gold Ltd.
0VGM.L
(London Stock Exchange)
Recent
price
16.25
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Sandstorm Gold Ltd. (Ticker: 0VGM.L) is a precious metals-focused royalty company that acquires and manages gold, silver, and other precious metal royalties and streams from resource companies worldwide. The company provides upfront financing to mining operators in exchange for the right to purchase a percentage of the metals produced from their projects at predetermined fixed prices, thereby generating revenue through metal sales without direct mining operational risks; its portfolio includes over 250 royalties and streams across various stages from development to production, covering assets such as gold, silver, copper, and other base metals. Sandstorm Gold operates globally with key exposure in North America, South America, Australia, and Africa, targeting mid-tier and junior mining companies as primary customers. Founded in 2007 and headquartered in Vancouver, Canada, the company functions within the mining finance sector, emphasizing diversified precious metals exposure to mitigate commodity price volatility. Its business segments focus on royalty acquisition, portfolio management, and strategic metal sales, with no direct ownership of mining assets. In the past 1-2 years, Sandstorm Gold has pursued several major strategic expansions, including the acquisition of new royalties such as the Greenstone gold stream in Ontario, Canada, and the Platreef platinum-group metals stream in South Africa; it also closed a significant financing arrangement for the Chapada copper-gold mine in Brazil and announced partnerships enhancing its portfolio in greenfield projects. Additionally, the company reported record gold equivalent ounces sold in 2024, driven by ramp-ups at key assets like the Hod Maden project in Turkey, and completed a C$50 million bought deal offering to fund further royalty purchases. These developments underscore Sandstorm Gold's ongoing growth strategy amid favorable metal market conditions.