Welcome to my Sandstorm Gold Ltd. Review.
(UPDATED AUGUST 2023)
If you are exploring the world of gold royalties, then chances are, you bumped into Sandstorm Gold Lrd. Are you trying to find out whether you can trust this company with your investments?
Well, you are in the right place to look for answers. This Sandstorm Gold Ltd. Review contains all the important information that you need to know.
Without further ado, let's get started.
Sandstorm Gold Ltd. Review Quick Summary
Name: Sandstorm Gold Ltd.
CEO: Nola Watson
Price: Varies depending on your investments
Rating: 4/5
More...
What is Sandstorm Gold Ltd.?
Sandstorm Gold Ltd. is a gold royalties company that has a different perspective when it comes to mining investment. It offers mining companies that offer precious metals a form of financing called "gold streaming".
In this case, a certain amount of cash is paid upfront in exchange for a percentage of the total gold produced by a specific mine. Furthermore, this type of financing is also called, "volumetric production payment transaction", which also takes part in the oil and gas sectors.
The company, used to be called Sandstorm Resources, is a gold royalty company that has been in the industry since 2008. It has more than 250 royalties in its portfolio.
Currently, Sandstorm Gold Ltd. is led by the following people:
- Nolan Watson - President, CEO and Director
- David Awram- Senior Executive VP
- Erfan Kazemi – CFO
Sandstorm Gold Ltd. Products
Sandstorm Gold Ltd. possesses a unique approach to earn profit from gold mining. It receives a percentage of the total gold produced by mining companies at the end of the mining process.
Therefore, Sandstorm Gold Ltd. can get its gold and put it into the market at its self-marked costs.
Because of this, the company is in a great position wherein it can offer mining stocks based on its royalties' performance. Furthermore, the stocks offered are publicly traded and they are the following:
- TSX - traded under the ticker SSL
- AMEX - traded under the ticker SAND
How does it work?
Basically, Sandstorm Gold Ltd. reaches out to various gold mining companies all over the world that are in need of financing. It provides them the money they need to operate.
In exchange, Sandstorm Gold Ltd. gets to receive the rights of a percentage of the total gold produced by each of these gold mining companies.
Furthermore, the company does not have any role in the management of these mines. Sandstorm Gold Ltd. only acquires the royalties.
This led the owners of this company to create a portfolio of assets based on diversified gold production mines.
Sandstorm Gold Ltd. FAQs
What is a gold royalty?
A gold royalty is a contract that provides the owner (a gold royalty company like Sandstorm Gold Ltd.) the right to a percentage of the gold production of a gold mining company in exchange for an upfront payment.
Moreover, this contract is meant for gold royalty companies to finance gold mining companies who need money for their operation.
How can I invest in Sandstorm Gold Ltd.?
If you want to invest in Sandstorm Gold Ltd., you can purchase its stocks on the New York Stock Exchange (NYSE) under the ticker symbol SAND, or the Toronto Stock Exchange (TSX) under the ticker symbol SSL.
Do I own the royalties in Sandstorm once I invest?
Unfortunately, you cannot own the royalties once you invest in Sandstorm. You will only be buying its shares.
The gold royalty is only between Sandstorm Gold Ltd. and the gold mining companies.
Are there other ways to invest in gold?
Yes there are! You can either purchase precious metals or you can start a self-directed precious metals Individual Retirement Account or IRA!
Click here if you want to learn more about it!
Sandstorm Gold Ltd. Pros and Cons
Pros
Cons
Is Sandstorm Gold Ltd. a scam?
Let's conclude this Sandstorm Gold Ltd. Review by answering this question.
Sandstorm Gold Ltd. is a legit and genuine company. One reason is because its executive leaders are veterans in the industry.
- Nolan Watson – President and CEO
- David Awram- Senior Executive VP
- Erfan Kazemi – CFO
Moreover, you can find information regarding them on the internet. Also, Sandstorm Gold Ltd.'s stocks are present in Yahoo Finance.
Overall, Sandstorm Gold Ltd. is a good and legit company. Based on the information you have gathered, you can decide for yourself whether it is the right company for you or not.
If you want to know more about gold royalties, I wrote a Royal Gold Review, a company that also deals with gold streaming and royalties. Check it out!
Thank you so much for reading my Sandstorm Gold Ltd. Review! If you have any comments or questions, feel free to leave them in the comments section.