FY2024 EPS Estimates for Sandstorm Gold Cut by Raymond James

Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Analysts at Raymond James cut their FY2024 earnings per share estimates for Sandstorm Gold in a research note issued on Monday, December 23rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.10 per share for the year, down from their prior estimate of $0.11. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.23 per share. Raymond James also issued estimates for Sandstorm Gold's Q3 2025 earnings at $0.06 EPS and Q4 2025 earnings at $0.06 EPS.

A number of other equities research analysts have also weighed in on the stock. CIBC raised their price target on shares of Sandstorm Gold from C$9.50 to C$10.00 in a report on Friday, November 8th. TD Securities lifted their target price on Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th. Finally, Stifel Nicolaus increased their price target on Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st.

Sandstorm Gold Stock Up 0.6 %

Shares of SSL traded up C$0.05 during mid-day trading on Wednesday, reaching C$7.80. 111,508 shares of the stock traded hands, compared to its average volume of 331,836. The stock has a fifty day simple moving average of C$8.14 and a 200 day simple moving average of C$7.86. Sandstorm Gold has a 12-month low of C$5.36 and a 12-month high of C$8.98. The company has a quick ratio of 1.17, a current ratio of 1.99 and a debt-to-equity ratio of 26.63. The firm has a market cap of C$2.32 billion, a price-to-earnings ratio of 55.71, a P/E/G ratio of 0.90 and a beta of 1.11.

Sandstorm Gold (TSE:SSL - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 EPS for the quarter, missing the consensus estimate of C$0.05 by C($0.02). Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%. The company had revenue of C$60.98 million during the quarter, compared to analysts' expectations of C$61.69 million.

Insider Transactions at Sandstorm Gold

In related news, Director David Awram sold 50,000 shares of the company's stock in a transaction that occurred 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. Corporate insiders own 1.20% of the company's stock.

Sandstorm Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.03%. 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.