FY2024 EPS Forecast for Sandstorm Gold Decreased by Analyst

Sandstorm Gold Ltd. (TSE:SSL) – Stock analysts at Raymond James decreased their FY2024 earnings estimates for shares of Sandstorm Gold in a research report issued to clients and investors on Monday, December 23rd. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.10 per share for the year, down from their previous estimate of $0.11. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share. Raymond James also issued estimates for Sandstorm Gold’s Q3 2025 earnings at $0.06 EPS and Q4 2025 earnings at $0.06 EPS.

Other equities analysts also recently issued research reports about the company. TD Securities lifted their price objective on Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th. CIBC lifted their price target on Sandstorm Gold from C$9.50 to C$10.00 in a report on Friday, November 8th. Finally, Stifel Nicolaus increased their price objective on shares of Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st.

Sandstorm Gold Stock Up 0.6 %

TSE SSL opened at C$7.80 on Wednesday. Sandstorm Gold has a 1-year low of C$5.36 and a 1-year high of C$8.98. The company has a market capitalization of C$2.32 billion, a price-to-earnings ratio of 55.71, a PEG ratio of 0.90 and a beta of 1.11. The stock’s 50 day moving average is C$8.14 and its two-hundred day moving average is C$7.86. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63.

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

Sandstorm Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 25th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.03%. The ex-dividend date was Tuesday, October 15th. Sandstorm Gold’s payout ratio is 57.14%.

Insiders Place Their Bets

In related news, Director David Awram sold 50,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$8.06, for a total transaction of C$403,000.00. Insiders own 1.20% of the company’s stock.

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.