Nolan Watson - Sandstorm Gold CEO

SSL Stock  CAD 8.18  0.07  0.86%   

CEO

Mr. Nolan Watson is President, Chief Executive Officer, NonIndependent Director of the Company. Mr. Watson was the President and Chief Executive Officer of the Company since September 2008 and was its Chairman from January 2013 to March 2016. From May 2010 to May 2014 was acquired by the Company, Mr. Watson was President and Chief Executive Officer of Sandstorm Metals and its Chairman from January 2013 to May 2014. From July 2008 to September 2008, Mr. Watson was an independent businessman. From April 2006 to July 2008, Mr. Watson was the Chief Financial Officer of Wheaton Precious Metals Corporationration since 2016.
Age 39
Tenure 8 years
Address 733 Seymour Street, Vancouver, BC, Canada, V6B 0S6
Phone604 689 0234
Webhttps://www.sandstormgold.com
Watson is a Chartered Financial Analyst Charterholder, a Fellow of the Chartered Professional Accountants of British Columbia, and he holds a Bachelor of Commerce degree from the University of British Columbia.

Sandstorm Gold Management Efficiency

The company has return on total asset (ROA) of 0.021 % which means that it generated a profit of $0.021 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0256 %, meaning that it generated $0.0256 on every $100 dollars invested by stockholders. Sandstorm Gold's management efficiency ratios could be used to measure how well Sandstorm Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.07. At this time, Sandstorm Gold's Intangibles To Total Assets are very stable compared to the past year. As of the 24th of November 2024, Fixed Asset Turnover is likely to grow to 0.21, while Total Current Assets are likely to drop about 49.2 M.
Sandstorm Gold Ltd has accumulated 435 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Sandstorm Gold has a current ratio of 10.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Sandstorm Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Sandstorm Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sandstorm Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sandstorm to invest in growth at high rates of return. When we think about Sandstorm Gold's use of debt, we should always consider it together with cash and equity.

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It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada. SANDSTORM GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. Sandstorm Gold Ltd (SSL) is traded on Toronto Exchange in Canada and employs 18 people. Sandstorm Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Sandstorm Gold Leadership Team

Elected by the shareholders, the Sandstorm Gold's board of directors comprises two types of representatives: Sandstorm Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sandstorm. The board's role is to monitor Sandstorm Gold's management team and ensure that shareholders' interests are well served. Sandstorm Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sandstorm Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary Little, Independent Director
Kim CFA, Director Markets
CA CFA, Chief Officer
Andrew Swarthout, Independent Director
David Witt, Independent Chairman of the Board
Thomas Bruington, Executive Vice President - Project Evaluation
Erfan Kazemi, Chief Financial Officer
Keith Laskowski, Vice President - Technical Services
Adam Spencer, Senior Vice President - Corporate Development
Nolan Watson, President, Chief Executive Officer, Non-Independent Director
John Budreski, Independent Director
Christine Gregory, Corporate Secretary
David Awram, Senior Executive Vice President, Non-Independent Director
QP MSc, Vice Geology
David BSc, Senior CoFounder
II MSc, Ex Evaluation
MSc MSc, VP Geology
Vera Kobalia, Independent Director

Sandstorm Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sandstorm Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Sandstorm Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sandstorm Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sandstorm Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sandstorm Stock

  0.73AG First Majestic SilverPairCorr

Moving against Sandstorm Stock

  0.38BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Sandstorm Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandstorm Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sandstorm Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sandstorm Gold Ltd to buy it.
The correlation of Sandstorm Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sandstorm Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandstorm Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sandstorm Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sandstorm Gold is a strong investment it is important to analyze Sandstorm Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sandstorm Gold's future performance. For an informed investment choice regarding Sandstorm Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between Sandstorm Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandstorm Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandstorm Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.