Scotiabank Increases Earnings Estimates for Sandstorm Gold

Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Investment analysts at Scotiabank upped their FY2025 earnings estimates for Sandstorm Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings per share of $0.35 for the year, up from their previous forecast of $0.27. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.23 per share. Scotiabank also issued estimates for Sandstorm Gold's FY2026 earnings at $0.29 EPS.

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

Other equities analysts also recently issued reports about the stock. Stifel Nicolaus raised their price target on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st. TD Securities raised their target price on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Finally, CIBC upped their price target on Sandstorm Gold from C$9.50 to C$10.00 in a research report on Friday, November 8th.

Sandstorm Gold Stock Performance

SSL remained flat at C$8.15 on Friday. 740,507 shares of the company's stock traded hands, compared to its average volume of 383,470. Sandstorm Gold has a 52 week low of C$5.36 and a 52 week high of C$8.98. The company has a market capitalization of C$2.42 billion, a PE ratio of 58.21, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The firm's fifty day simple moving average is C$8.05 and its 200-day simple moving average is C$7.90. The company has a debt-to-equity ratio of 26.63, a quick ratio of 1.17 and a current ratio of 1.99.

Insider Buying and Selling at Sandstorm Gold

In related news, Director David Awram sold 50,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was 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 company insiders.

Sandstorm Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 31st will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Tuesday, January 21st. Sandstorm Gold's dividend payout ratio (DPR) is presently 57.14%.

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.