Stifel Canada Comments on Sandstorm Gold Q1 Earnings

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Investment analysts at Stifel Canada issued their Q1 2025 earnings estimates for Sandstorm Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst I. Rico forecasts that the company will earn $0.04 per share for the quarter. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share. Stifel Canada also issued estimates for Sandstorm Gold's FY2027 earnings at $0.25 EPS.

Several other analysts also recently issued reports on SAND. Royal Bank of Canada lifted their price target on shares of Sandstorm Gold from $6.50 to $7.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Scotiabank boosted their target price on shares of Sandstorm Gold from $7.25 to $8.25 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. StockNews.com raised shares of Sandstorm Gold from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th. Raymond James reissued an "outperform" rating on shares of Sandstorm Gold in a report on Friday, April 4th. Finally, HC Wainwright dropped their target price on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating on the stock in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Sandstorm Gold presently has a consensus rating of "Moderate Buy" and a consensus target price of $9.06.

Sandstorm Gold Stock Down 0.9 %

Shares of NYSE SAND traded down $0.08 during midday trading on Tuesday, hitting $8.43. 4,094,285 shares of the stock traded hands, compared to its average volume of 3,459,689. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. Sandstorm Gold has a one year low of $4.92 and a one year high of $8.82. The business has a 50 day moving average price of $7.09 and a two-hundred day moving average price of $6.27. The company has a market cap of $2.47 billion, a PE ratio of 168.63 and a beta of 0.90.

Sandstorm Gold (NYSE:SAND - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%. The company had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. During the same period last year, the company earned ($0.04) EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Cantor Fitzgerald L. P. bought a new stake in shares of Sandstorm Gold during the 4th quarter worth $56,000. Lifeworks Advisors LLC purchased a new stake in shares of Sandstorm Gold during the 4th quarter worth approximately $57,000. Meixler Investment Management Ltd. bought a new stake in shares of Sandstorm Gold in the 4th quarter worth approximately $66,000. JTC Employer Solutions Trustee Ltd purchased a new position in Sandstorm Gold in the fourth quarter valued at approximately $72,000. Finally, Bank of New York Mellon Corp grew its holdings in Sandstorm Gold by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock valued at $78,000 after purchasing an additional 2,416 shares during the period. Hedge funds and other institutional investors own 51.97% of the company's stock.

Sandstorm Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 14th were given a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold's payout ratio is 100.00%.

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.