-1.16%
5.72%
0.71%
7.19%
39.34%
11.40%
-6.39%

Company Description

Sandstorm Gold Ltd.operates as a gold royalty company.The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines.


It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price.The company has a portfolio of 230 streams and royalties.It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D'Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia.


The company was formerly known as Sandstorm Resources Ltd.and changed its name to Sandstorm Gold Ltd.in February 2011.


Sandstorm Gold Ltd.was incorporated in 2007 and is headquartered in Vancouver, Canada.

Market Data

Last Price 8.5
Change Percentage -1.16%
Open 8.66
Previous Close 8.6
Market Cap ( Millions) 2523
Volume 148633
Year High 8.98
Year Low 5.36
M A 50 8.07
M A 200 7.87

Financial Ratios

FCF Yield 7.04%
Dividend Yield 0.94%
ROE 2.48%
Debt / Equity 26.44%
Net Debt / EBIDTA 293.21%
Price To Book 1.36
Price Earnings Ratio 55.11
Price To FCF 14.21
Price To sales 10.01
EV / EBITDA 16.53

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Other

Expected Growth : 15 %

What the company do ?

Other from Sandstorm Gold Ltd. refers to miscellaneous revenue streams, including but not limited to, interest income, and other non-operating income.

Why we expect these perspectives ?

Sandstorm Gold's 15% growth driven by increasing gold prices, strong mine operating performances, and strategic acquisitions. Royalty revenue growth is fueled by rising production from its portfolio of mines, including the Hod Maden and Yanacocha mines. Additionally, the company's diversified asset base and disciplined cost management contribute to its robust growth profile.

Segment nΒ°2 -> Cerro Moro

Expected Growth : 18 %

What the company do ?

Cerro Moro is a high-grade gold and silver mine in Argentina, operated by Sandstorm Gold Ltd., producing over 130,000 ounces of gold equivalent annually.

Why we expect these perspectives ?

Cerro Moro's 18% growth is driven by increasing gold and silver production, improved operating efficiencies, and higher metal prices. The mine's high-grade ore and low cash costs also contribute to its strong performance. Additionally, Sandstorm Gold's strategic investments and partnerships have enhanced Cerro Moro's growth potential.

Segment nΒ°3 -> Mercedes

Expected Growth : 16 %

What the company do ?

Mercedes-Benz is a luxury vehicle brand from Daimler AG, not related to Sandstorm Gold Ltd., a Canadian gold mining company.

Why we expect these perspectives ?

Mercedes' 16% growth from Sandstorm Gold Ltd. is driven by increasing gold prices, rising production volumes, and strategic acquisitions. Additionally, the company's focus on cost reduction, operational efficiencies, and exploration of new mining sites contribute to its growth momentum.

Segment nΒ°4 -> Antamina

Expected Growth : 12 %

What the company do ?

Antamina is a copper-zinc mine in Peru, owned and operated by Antamina, a joint venture between BHP, Glencore, Teck Resources, and Mitsubishi, not affiliated with Sandstorm Gold Ltd.

Why we expect these perspectives ?

Antamina's 12% growth is driven by increased copper and zinc production, favorable commodity prices, and operational efficiencies. The mine's high-grade ore and low operating costs also contribute to its strong performance. Additionally, Sandstorm Gold's streaming agreement provides a stable source of revenue, further supporting Antamina's growth.

Segment nΒ°5 -> Chapada

Expected Growth : 14 %

What the company do ?

Chapada is a copper-gold mine in Brazil, owned and operated by Sandstorm Gold Ltd., producing copper and gold concentrates.

Why we expect these perspectives ?

Chapada's 14% growth is driven by increasing gold prices, improved operational efficiency, and successful exploration efforts. The mine's high-grade ore and low cash costs also contribute to its strong performance. Additionally, Sandstorm Gold's strategic investments and partnerships have enhanced Chapada's growth potential.

Segment nΒ°6 -> Caserones

Expected Growth : 11 %

What the company do ?

Caserones is a copper-molybdenum mine in Chile, operated by Sandstorm Gold Ltd., producing copper and molybdenum concentrates.

Why we expect these perspectives ?

Caserones' 11% growth is driven by increased copper and gold production, improved ore grades, and enhanced processing recoveries. Additionally, favorable copper prices and a weaker Chilean peso contribute to the growth. Sandstorm Gold's streaming agreement and offtake contracts also provide a stable source of revenue, supporting the mine's expansion and exploration initiatives.

Segment nΒ°7 -> Aurizona

Expected Growth : 13 %

What the company do ?

Aurizona is a gold mine in Brazil, owned and operated by Sandstorm Gold Ltd., producing approximately 130,000 ounces of gold per year.

Why we expect these perspectives ?

Aurizona's 13% growth is driven by increased gold production, improved operating efficiencies, and higher gold prices. The mine's expansion and optimization efforts have led to higher throughput and recovery rates, resulting in increased output. Additionally, Sandstorm Gold's strategic investments and partnerships have enhanced the mine's operational capabilities, further contributing to its growth.

Segment nΒ°8 -> Relief Canyon

Expected Growth : 17 %

What the company do ?

Relief Canyon is an open-pit gold mine in Nevada, USA, owned and operated by Sandstorm Gold Ltd., producing gold and silver.

Why we expect these perspectives ?

Relief Canyon's 17% growth is driven by increasing gold production, improved ore grades, and enhanced processing recoveries. Additionally, Sandstorm Gold's strategic investments in exploration and development, coupled with a favorable gold price environment, contribute to the mine's growth momentum.

Segment nΒ°9 -> Bonikro

Expected Growth : 10 %

What the company do ?

Bonikro is a gold mine in CΓ΄te d'Ivoire, West Africa, owned and operated by Sandstorm Gold Ltd., producing approximately 50,000 ounces of gold annually.

Why we expect these perspectives ?

Bonikro's 10% growth is driven by increasing gold production, improved ore grades, and enhanced processing recoveries. Additionally, Sandstorm Gold's strategic investments in exploration and development, coupled with a favorable gold price environment, contribute to the mine's growth. Furthermore, operational efficiencies and cost savings initiatives implemented by the management team also support the growth momentum.

Segment nΒ°10 -> Fruta Del Norte

Expected Growth : 19 %

What the company do ?

Fruta Del Norte is a gold-silver underground mine in Ecuador, operated by Lundin Gold, acquired from Kinross Gold in 2014, with significant gold reserves.

Why we expect these perspectives ?

Fruta Del Norte's 19% growth is driven by increasing gold production, high-grade ore processing, and efficient operations. Strong exploration results, reserve growth, and a solid balance sheet also contribute to its upward momentum. Additionally, Sandstorm Gold's strategic partnership and streaming agreements provide a stable source of revenue, further fueling growth.

Segment nΒ°11 -> Vale Royalties

Expected Growth : 9 %

What the company do ?

Vale Royalties from Sandstorm Gold Ltd. refers to the royalties received by Sandstorm Gold from Vale's gold streams, providing a steady revenue stream.

Why we expect these perspectives ?

Vale Royalties' 9% growth is driven by increasing gold prices, rising production volumes from Sandstorm Gold's diversified asset base, and a strong balance sheet enabling strategic acquisitions. Additionally, the company's streaming model provides a low-cost and scalable structure, allowing for margin expansion and cash flow growth.

Segment nΒ°12 -> Hounde

Expected Growth : 16 %

What the company do ?

The Hounde gold mine, owned by Sandstorm Gold Ltd., is a high-grade open-pit mine in Burkina Faso, West Africa, producing approximately 250,000 ounces of gold annually.

Why we expect these perspectives ?

Hounde's 16% growth is driven by increasing gold production, improved ore grades, and enhanced processing recoveries. Additionally, Sandstorm Gold's strategic investments in exploration and development, coupled with a favorable gold price environment, have contributed to the mine's expansion.

Segment nΒ°13 -> Blyvoor

Expected Growth : 15 %

What the company do ?

Blyvoor is a gold mine in South Africa, owned and operated by Sandstorm Gold Ltd., a Canadian-based gold streaming company.

Why we expect these perspectives ?

Blyvoor's 15% growth is driven by increased gold production, improved operational efficiencies, and enhanced mine planning. The mine's high-grade ore body and low cash costs also contribute to its growth. Additionally, Sandstorm Gold's strategic investments and partnerships have optimized resource allocation, further boosting production and revenue.

Sandstorm Gold Ltd. Products

Product Range What is it ?
Gold Production Sandstorm Gold Ltd. is a gold streaming company that provides upfront financing for gold mining projects in exchange for a percentage of the gold produced.
Silver Streaming In addition to gold, Sandstorm also provides financing for silver mining projects, giving the company a diversified portfolio of precious metals.
Copper Streaming Sandstorm also provides financing for copper mining projects, further diversifying its portfolio of metals.
Royalty Income Sandstorm also generates revenue through royalties on gold, silver, and copper production from various mining projects.

Sandstorm Gold Ltd.'s Porter Forces

The threat of substitutes for Sandstorm Gold Ltd. is moderate due to the availability of alternative gold mining companies.

The bargaining power of customers is low for Sandstorm Gold Ltd. as the company has a diversified customer base and is not heavily reliant on a single customer.

The bargaining power of suppliers is moderate for Sandstorm Gold Ltd. as the company relies on a few key suppliers for its mining operations.

The threat of new entrants is high for Sandstorm Gold Ltd. due to the relatively low barriers to entry in the gold mining industry.

The intensity of rivalry is high for Sandstorm Gold Ltd. due to the competitive nature of the gold mining industry and the presence of several established players.

Capital Structure

Value
Debt Weight 23.34%
Debt Cost 9.29%
Equity Weight 76.66%
Equity Cost 9.29%
WACC 9.29%
Leverage 30.44%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
IMG.TO IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in …
IDR Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western …
CXB.TO Calibre Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. It primarily explores for gold, silver, and copper deposits. The company holds 100% …
TXG.TO Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property that covers an area of 29,000 hectares …
EQX.TO Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
8.5$
Current Price
8.5$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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