Sandstorm Gold Ltd. (TSE:SSL - Free Report) - National Bank Financial boosted their FY2024 EPS estimates for Sandstorm Gold in a report released on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.14 for the year, up from their prior forecast of $0.13. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.23 per share. National Bank Financial also issued estimates for Sandstorm Gold's Q4 2024 earnings at $0.09 EPS.
A number of other analysts have also weighed in on SSL. 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 raised their price target on shares of Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. Finally, Stifel Nicolaus raised their price target on shares of Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st.
Check Out Our Latest Research Report on Sandstorm Gold
Sandstorm Gold Price Performance
Shares of Sandstorm Gold stock traded down C$0.40 during midday trading on Wednesday, reaching C$9.04. The company had a trading volume of 173,816 shares, compared to its average volume of 353,418. 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 capitalization of C$1.89 billion, a price-to-earnings ratio of 60.15, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The stock has a fifty day simple moving average of C$8.29 and a 200 day simple moving average of C$8.07. Sandstorm Gold has a 1-year low of C$5.39 and a 1-year high of C$9.48.
Insider Buying and Selling at Sandstorm Gold
In other news, Director David Awram sold 50,000 shares of Sandstorm Gold stock in a transaction on Wednesday, December 11th. The shares were 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were paid a $0.02 dividend. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 dividend on an annualized basis and a yield of 0.88%. Sandstorm Gold's payout ratio is presently 53.23%.
About Sandstorm Gold
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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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