BRIEF-Sandstorm Gold reports Q4 revenue of $9.9 mln vs $12.5 mln

Wed Mar 30, 2016 4:38pm EDT
 
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March 30 (Reuters) - Sandstorm Gold Ltd Qtrly Net Loss Of $25.0 Mln Vs Q4 2014

* Sandstorm gold announces fourth quarter and annual results

* Qtrly revenue of $9.9 million versus $12.5 million

* Says gold equivalent production for 2016 is forecasted to be between 40,000 - 50,000 attributable gold equivalent ounces

* Forecasting attributable gold equivalent production of approximately 65,000 ounces per annum by 2020

* Says may purchase up to 6.9 million of its common shares, representing 5% of company's issued and outstanding common shares

* Says any common shares acquired by company under ncib will be cancelled

* Net income of $2.6 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)