VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Wednesday reported first-quarter profit of $15.7 million.
The Vancouver, British Columbia-based company said it had net income of 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The provider of financing for gold mining companies posted revenue of $44 million in the period.
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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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