VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Tuesday reported a loss of $2.4 million in its fourth quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 1 cent.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The provider of financing for gold mining companies posted revenue of $38.4 million in the period.
For the year, the company reported profit of $78.4 million, or 33 cents per share. Revenue was reported as $97.8 million.
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