Cormark Forecasts Sandstorm Gold’s FY2025 Earnings (TSE:SSL)

Sandstorm Gold Ltd. (TSE:SSL) – Equities research analysts at Cormark dropped their FY2025 earnings estimates for Sandstorm Gold in a report issued on Thursday, February 20th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.23 per share for the year, down from their previous estimate of $0.26. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

SSL has been the subject of several other reports. CIBC decreased their price target on shares of Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating for the company in a research note on Thursday. Raymond James decreased their price target on shares of Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating for the company in a research note on Thursday.

Sandstorm Gold Trading Down 2.9 %

SSL opened at C$8.52 on Monday. Sandstorm Gold has a 1-year low of C$5.42 and a 1-year high of C$9.48. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44. The company has a market cap of C$1.79 billion, a P/E ratio of 56.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The company has a fifty day moving average price of C$8.36 and a two-hundred day moving average price of C$8.11.

Insider Transactions at Sandstorm Gold

In other news, Director David Awram sold 50,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$8.06, for a total transaction of C$403,000.00. 1.20% of the stock is currently owned by insiders.

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 given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Tuesday, January 21st. Sandstorm Gold’s payout ratio is presently 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.