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Sandstorm Gold: 2Q Earnings Snapshot

August 12, 2019

VANCOUVER, British Columbia (AP) _ Sandstorm Gold Ltd. (SAND) on Monday reported second-quarter net income of $2.4 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 1 cent.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of financing for gold mining companies posted revenue of $21.5 million in the period.

Sandstorm Gold shares have climbed 41% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.52, a climb of 53% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAND at https://www.zacks.com/ap/SAND

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