Earnings Call Summary | Sandstorm Gold(SAND.US) Q1 2024 Earnings Conference
Earnings Call Summary | Sandstorm Gold(SAND.US) Q1 2024 Earnings Conference
The following is a summary of the Sandstorm Gold Ltd. (SAND) Q1 2024 Earnings Call Transcript:
以下是沙塵暴黃金有限公司（SAND）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Sandstorm Gold Ltd. expects to generate approximately $165 million of cash flow from its portfolio, with a projection to increase to over $0.25 billion per year within five years as new assets come online.
Debts have been drastically lowered, presently standing at $408 million and expected to reduce to around $375 million by the end of the next quarter due to non-core asset sales and anticipated cash flow.
Q1 saw Sandstorm sell over 20,300 attributable gold equivalent ounces, keeping on track for its 2024 production guidance of 75,000 to 90,000 gold equivalent ounces.
Q1 revenue was derived from $27.2 million in streaming contracts and $15.6 million in royalty, amounting to $42.8 million in total.
Maintained strong cash operating margins at $1782 per trivial ounce for the first quarter.
Sandstorm Gold Ltd.預計其投資組合將產生約1.65億美元的現金流，隨着新資產的上線，預計將在五年內增加到每年超過2.5億美元。
由於非核心資產出售和預期的現金流，債務已大幅降低，目前爲4.08億美元，預計到下一季度末將減少至3.75億美元左右。
第一季度，沙塵暴出售了超過20,300個可歸屬黃金當量盎司，按計劃實現其2024年7.5萬至9萬盎司的產量預期。
第一季度收入來自2720萬美元的流媒體合同和1,560萬美元的特許權使用費，總額爲4,280萬美元。
第一季度保持強勁的現金營業利潤率，爲每小盎司1782美元。
Business Progress:
業務進展：
Sandstorm has renewed a normal course issuer bid for share buybacks and claims its shares are undervalued, with no immediate plans for growth via equity or convertible debentures.
The company has reached its minimum objective of $40 million in the non-core asset sales process.
It's focusing on upcoming projects which are forecasted to generate high cash flow and key development assets that show continuous growth.
Sandstorm plans to recommence growth through the purchase of more gold streams and royalties, financing any growth from operating cash flow or a revolver.
The company's future plans involve reducing its debt, share repurchases, concluding all non-core asset sales, and focusing solely on acquisitions.
It's also selling non-core debt and equity investments in other mining companies to expedite debt repayment and recharge the balance sheet for future growth.
Sandstorm explores potential deals mainly in precious metal streams and royalties, focusing on growth and portfolio expansion while considering non-core assets sales.
The company expects further minerals discoveries and plant expansions by its partners, which can increase the future value of Sandstorm's shares.
Sandstorm延長了發行人的正常股票回購申請，並聲稱其股票被低估了，目前沒有通過股票或可轉換債券實現增長的計劃。
該公司在非核心資產出售過程中已達到4000萬美元的最低目標。
它專注於預計將產生高現金流的即將到來的項目和顯示持續增長的關鍵開發資產。
Sandstorm計劃通過購買更多的黃金流和特許權使用費來重新開始增長，通過運營現金流或循環資金爲任何增長融資。
該公司的未來計劃包括減少債務、回購股票、完成所有非核心資產出售，以及僅專注於收購。
它還出售對其他礦業公司的非核心債務和股權投資，以加快債務償還併爲未來的增長充值資產負債表。
Sandstorm主要探討貴金屬流和特許權使用費方面的潛在交易，重點是增長和投資組合擴張，同時考慮非核心資產的銷售。
該公司預計，其合作伙伴將進一步發現礦產並擴建工廠，這可能會增加Sandstorm股票的未來價值。
More details: Sandstorm Gold IR
更多詳情： 沙塵暴金紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。