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home / news releases / SAND - Sandstorm Gold May Be Preparing For An Acquisition


SAND - Sandstorm Gold May Be Preparing For An Acquisition

Sandstorm Gold December Update

Data by YCharts

Sandstorm Gold (SAND) recently announced that it has amended its existing $225 million revolving credit facility, to include an accordion of up to $75 million, which gives it total availability of up to $300 million.

I believe this could mean that Sandstorm is gearing up for a new royalty/stream acquisition (or two), especially following the news that Maverix Metals (MMX) will buy a royalty portfolio from Kinross Gold (KGC).

Sandstorm also recently provided a positive update on several of its key assets,

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Stock Information

Company Name: Sandstorm Gold Ltd.
Stock Symbol: SAND
Market: NYSE
Website: sandstormgold.com

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