The mining industry has proven itself to be a bearer of outsized returns but it does not come without risk. With our royalty model, Sandstorm mitigates many of the common risks to investors. In fact, when compared to investments in gold mining companies (as represented by the S&P/TSX Composite Index Gold) or physical bullion, Sandstorm has outperformed on a total return basis over the past four years. This is largely due to the fact that the nature of our business allows Sandstorm to grow our asset base when commodity markets are out of favour, and then become a cash flow machine when the price of gold is trending up. Click below to learn more about why Sandstorm Gold Royalties is the smart gold investment.