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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Statement [Line Items]    
Total revenue $ 176,283 $ 179,636
Cost of sales, excluding depletion 19,994 21,677
Depletion 60,308 75,337
Total cost of sales 80,302 97,014
Gross profit 95,981 82,622
Expenses and other (income)    
Administration expenses [1] 17,887 14,373
Project evaluation [1] 7,063 7,153
Finance expense 35,028 39,515
Loss (gain) on revaluation of investments 4,628 (15,671)
Contractual income from Stream, royalty and other interests 0 (11,810)
Loss (gain) on disposal and impairment of Stream, royalty and other interests (3,689) 322
Other (1,848) 2,472
Income before taxes 29,534 46,912
Current income tax expense 8,490 8,706
Deferred income tax expense (recovery) 5,540 (4,503)
Total income tax expense 14,030 4,203
Net income (loss) for the year 15,504 42,709
Net income for the year attributable to:    
Sandstorm Gold Ltd.’s shareholders 14,293 41,716
Non-controlling interests $ 1,211 $ 993
Earnings per share attributable to Sandstorm Gold Ltd.’s shareholders:    
Basic earnings per share (in dollars per share) $ 0.05 $ 0.14
Diluted earnings per share (in dollars per share) $ 0.05 $ 0.14
Weighted average number of common shares outstanding    
Basic (in shares) 297,489,424 297,406,309
Diluted (in shares) 299,853,763 299,991,157
Sales    
Statement [Line Items]    
Total revenue $ 107,742 $ 106,584
Royalty revenue    
Statement [Line Items]    
Total revenue $ 68,541 $ 73,052
[1]
1.Equity settled share-based compensation (a non-cash item) is included in administration expenses and project evaluation