FY2025 EPS Estimates for Sandstorm Gold Increased by Cormark

Sandstorm Gold Ltd. (NYSE:SAND) – Analysts at Cormark lifted their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a note issued to investors on Monday, November 11th. Cormark analyst N. Dion now expects that the company will earn $0.19 per share for the year, up from their prior forecast of $0.16. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Sandstorm Gold (NYSE:SAND) last released its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Sandstorm Gold had a return on equity of 2.44% and a net margin of 20.46%. The firm had revenue of $44.70 million for the quarter, compared to analyst estimates of $44.70 million.

SAND has been the topic of a number of other reports. HC Wainwright boosted their target price on Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a research report on Monday. StockNews.com raised shares of Sandstorm Gold from a “hold” rating to a “buy” rating in a research note on Friday, September 27th. Finally, Royal Bank of Canada dropped their target price on shares of Sandstorm Gold from $6.50 to $6.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $8.35.

Sandstorm Gold Stock Down 0.5 %

SAND stock opened at $5.38 on Wednesday. Sandstorm Gold has a 12 month low of $3.96 and a 12 month high of $6.50. The firm has a 50 day simple moving average of $5.98 and a 200 day simple moving average of $5.72. The firm has a market cap of $1.60 billion, a PE ratio of 44.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.29 and a quick ratio of 2.29.

Institutional Trading of Sandstorm Gold

A number of hedge funds have recently made changes to their positions in SAND. Mad River Investors grew its stake in shares of Sandstorm Gold by 1.6% in the 2nd quarter. Mad River Investors now owns 192,069 shares of the company’s stock valued at $1,045,000 after buying an additional 3,016 shares in the last quarter. Raymond James & Associates increased its position in Sandstorm Gold by 1.1% during the second quarter. Raymond James & Associates now owns 302,128 shares of the company’s stock worth $1,644,000 after buying an additional 3,319 shares during the last quarter. Pullen Investment Management LLC increased its position in Sandstorm Gold by 3.2% during the second quarter. Pullen Investment Management LLC now owns 109,976 shares of the company’s stock worth $598,000 after buying an additional 3,442 shares during the last quarter. Oxbow Advisors LLC raised its holdings in Sandstorm Gold by 34.3% during the second quarter. Oxbow Advisors LLC now owns 20,556 shares of the company’s stock valued at $112,000 after buying an additional 5,254 shares in the last quarter. Finally, Perritt Capital Management Inc. acquired a new stake in shares of Sandstorm Gold in the first quarter worth about $31,000. 51.97% of the stock is owned by hedge funds and other institutional investors.

Sandstorm Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Tuesday, October 15th were given a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 1.12%. This is a positive change from Sandstorm Gold’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Tuesday, October 15th. Sandstorm Gold’s payout ratio is presently 50.00%.

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.