Stifel Canada Weighs in on Sandstorm Gold Q4 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Equities research analysts at Stifel Canada issued their Q4 2024 earnings per share estimates for Sandstorm Gold in a research report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico expects that the company will post earnings per share of $0.07 for the quarter. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

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

Several other analysts have also commented on the stock. TD Securities lifted their price objective on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th. CIBC lifted their price target on shares of 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 Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st.

Sandstorm Gold Price Performance

Shares of TSE:SSL opened at C$9.04 on Thursday. The company has a market capitalization of C$2.69 billion, a P/E ratio of 64.57, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The company’s 50-day moving average is C$8.15 and its 200 day moving average is C$8.02. The company has a debt-to-equity ratio of 26.63, a quick ratio of 1.17 and a current ratio of 1.99. Sandstorm Gold has a fifty-two week low of C$5.36 and a fifty-two week high of C$9.04.

Insider Activity

In related news, Director David Awram sold 50,000 shares of the business’s stock in a transaction on 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.

Sandstorm Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 0.88%. Sandstorm Gold’s payout ratio is 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.