Cormark Comments on Sandstorm Gold's Q1 Earnings (NYSE:SAND)

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Investment analysts at Cormark issued their Q1 2025 earnings per share estimates for shares of Sandstorm Gold in a research report issued on Tuesday, April 22nd. Cormark analyst N. Dion forecasts that the company will post earnings per share of $0.05 for the quarter. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.

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

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

Sandstorm Gold Trading Down 1.6 %

Shares of Sandstorm Gold stock opened at $8.35 on Wednesday. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $6.97 and a 200 day simple moving average of $6.22. Sandstorm Gold has a 12-month low of $4.92 and a 12-month high of $8.82. The company has a market capitalization of $2.45 billion, a P/E ratio of 166.93 and a beta of 0.90.

Hedge Funds Weigh In On Sandstorm Gold

A number of large investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its stake in Sandstorm Gold by 2.1% in the 1st quarter. SG Americas Securities LLC now owns 111,762 shares of the company's stock worth $844,000 after purchasing an additional 2,307 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Sandstorm Gold by 21.0% in the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock worth $78,000 after buying an additional 2,416 shares in the last quarter. PFG Investments LLC boosted its position in shares of Sandstorm Gold by 8.8% in the first quarter. PFG Investments LLC now owns 34,979 shares of the company's stock valued at $264,000 after acquiring an additional 2,829 shares during the period. Swiss National Bank boosted its position in shares of Sandstorm Gold by 0.6% in the fourth quarter. Swiss National Bank now owns 501,762 shares of the company's stock valued at $2,805,000 after acquiring an additional 3,000 shares during the period. Finally, Ancora Advisors LLC grew its stake in Sandstorm Gold by 0.9% during the fourth quarter. Ancora Advisors LLC now owns 399,540 shares of the company's stock valued at $2,229,000 after acquiring an additional 3,640 shares in the last quarter. 51.97% of the stock is owned by institutional investors.

Sandstorm Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 14th will be paid a $0.014 dividend. The ex-dividend date is Monday, April 14th. This represents a $0.06 dividend on an annualized basis and a yield of 0.67%. Sandstorm Gold's dividend 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.

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