Sandstorm Gold: Q4 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Thursday reported fourth-quarter net income of $24.2 million.

The Vancouver, British Columbia-based company said it had profit of 8 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of financing for gold mining companies posted revenue of $44.5 million in the period.

For the year, the company reported profit of $41.7 million, or 14 cents per share. Revenue was reported as $106.6 million.

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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