Sandstorm Gold (SAND) Projected to Post Earnings on Tuesday

Sandstorm Gold (NYSE:SAND) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $67.49 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Sandstorm Gold Price Performance

Shares of Sandstorm Gold stock opened at $6.38 on Friday. Sandstorm Gold has a twelve month low of $3.98 and a twelve month high of $6.67. The company has a 50-day simple moving average of $5.78 and a two-hundred day simple moving average of $5.79. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 53.13 and a beta of 1.10. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.26.

Sandstorm Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Tuesday, January 21st. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.02. Sandstorm Gold’s dividend payout ratio (DPR) is 50.00%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. HC Wainwright raised their target price on shares of Sandstorm Gold from $11.50 to $12.00 and gave the company a “buy” rating in a report on Monday, November 11th. StockNews.com lowered shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Sandstorm Gold has an average rating of “Hold” and an average target price of $8.50.

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.