Published on 24 Apr 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Sandstorm Gold (TSE:SSL) are in the red if they invested three years ago
Sandstorm Gold Ltd. (TSE:SSL) shareholders should be happy to see the share price up 16% in the last quarter. But that doesn't change the fact that the returns over the last three years have been less than pleasing. In fact, the share price is down 23% in the last three years, falling well short of the market return.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.