HC Wainwright Predicts Stronger Earnings for Sandstorm Gold

Sandstorm Gold Ltd. (TSE:SSL) – Analysts at HC Wainwright raised their FY2025 earnings estimates for Sandstorm Gold in a research report issued on Monday, November 11th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $0.14 for the year, up from their prior forecast of $0.10. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

Sandstorm Gold (TSE:SSL) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.05 by C($0.02). The company had revenue of C$60.98 million during the quarter, compared to analyst estimates of C$61.69 million. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%.

Several other equities research analysts also recently commented on SSL. Canaccord Genuity Group boosted their target price on shares of Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. Stifel Nicolaus boosted their target price on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st. TD Securities boosted their target price on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Finally, CIBC boosted their target price on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th.

Sandstorm Gold Stock Up 0.1 %

SSL opened at C$7.55 on Wednesday. Sandstorm Gold has a fifty-two week low of C$5.36 and a fifty-two week high of C$8.98. The company has a debt-to-equity ratio of 26.63, a current ratio of 1.99 and a quick ratio of 1.17. The firm’s fifty day moving average price is C$8.16 and its two-hundred day moving average price is C$7.82. The company has a market capitalization of C$2.25 billion, a P/E ratio of 53.93, a P/E/G ratio of 0.90 and a beta of 1.11.

Sandstorm Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Friday, October 25th were issued a $0.02 dividend. The ex-dividend date was Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.06%. Sandstorm Gold’s dividend payout ratio is 57.14%.

About Sandstorm Gold

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.