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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Sandstorm Gold Ltd. (SAND) on Tuesday reported fourth-quarter net income of $3.1 million.
The Vancouver, British Columbia-based company said it had profit of 1 cent per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The provider of financing for gold mining companies posted revenue of $47.4 million in the period.
For the year, the company reported profit of $14.3 million, or 5 cents per share. Revenue was reported as $176.3 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