Sandstorm Gold Ltd. (TSE:SSL – Free Report) – Research analysts at Raymond James lowered their FY2025 earnings estimates for Sandstorm Gold in a research report issued to clients and investors on Wednesday, February 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.21 for the year, down from their prior forecast of $0.23. Raymond James has a “Outperform” rating and a $8.25 price objective on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.
Separately, CIBC cut their price target on shares of Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating on the stock in a report on Thursday.
Sandstorm Gold Price Performance
Shares of TSE:SSL opened at C$8.52 on Friday. The firm has a market cap of C$1.79 billion, a PE ratio of 56.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The firm’s fifty day moving average is C$8.36 and its 200-day moving average is C$8.10. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29. Sandstorm Gold has a 52 week low of C$5.42 and a 52 week high of C$9.48.
Insider Transactions at Sandstorm Gold
In other Sandstorm Gold news, Director David Awram sold 50,000 shares of Sandstorm Gold 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. 1.20% of the stock is owned by insiders.
Sandstorm Gold Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were issued a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $0.08 annualized dividend and a yield of 0.94%. Sandstorm Gold’s payout ratio is currently 53.23%.
Sandstorm Gold Company Profile
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.
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