Cormark Has Positive View of Sandstorm Gold FY2025 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Stock analysts at Cormark lifted their FY2025 earnings per share estimates for shares of Sandstorm Gold in a research note issued on Monday, November 11th. Cormark analyst N. Dion now forecasts that the company will earn $0.26 per share for the year, up from their prior estimate of $0.22. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

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

Sandstorm Gold Stock Up 0.1 %

SSL stock opened at C$7.55 on Wednesday. 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 stock has a market capitalization of C$2.25 billion, a price-to-earnings ratio of 53.93, a PEG ratio of 0.90 and a beta of 1.11. The business’s fifty day moving average price is C$8.16 and its two-hundred day moving average price is C$7.82. Sandstorm Gold has a fifty-two week low of C$5.36 and a fifty-two week high of C$8.98.

Sandstorm Gold (TSE:SSL) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.02). The firm had revenue of C$60.98 million for 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 Dividend Announcement

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