Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Investment analysts at Raymond James lifted their Q4 2024 earnings estimates for Sandstorm Gold in a report released on Sunday, November 10th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.06 for the quarter, up from their previous forecast of $0.05. 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 Q1 2025 earnings at $0.06 EPS, Q2 2025 earnings at $0.06 EPS and FY2025 earnings at $0.25 EPS.
SSL has been the topic of several other research reports. Canaccord Genuity Group raised their price objective on shares of Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. CIBC upped their price target on Sandstorm Gold from C$9.50 to C$10.00 in a report on Friday. Stifel Nicolaus boosted their price objective on Sandstorm Gold from C$10.25 to C$11.00 in a research report on Monday, October 21st. Finally, TD Securities lifted their price target on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th.
Check Out Our Latest Report on SSL
Sandstorm Gold Stock Performance
Shares of TSE:SSL traded down C$0.04 during trading on Tuesday, reaching C$7.57. The stock had a trading volume of 186,465 shares, compared to its average volume of 330,917. Sandstorm Gold has a 52 week low of C$5.36 and a 52 week high of C$8.98. The stock has a fifty day simple moving average of C$8.18 and a two-hundred day simple moving average of C$7.82. 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 capitalization of C$2.25 billion, a price-to-earnings ratio of 54.36, a P/E/G ratio of 0.90 and a beta of 1.11.
Sandstorm Gold (TSE:SSL - Get Free Report) last posted its earnings results 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 return on equity of 2.15% and a net margin of 17.55%. The business had revenue of C$60.98 million for the quarter, compared to analyst estimates of C$61.69 million.
Sandstorm Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were given a dividend of $0.02 per share. The ex-dividend date was Tuesday, October 15th. This represents a $0.08 annualized dividend and a dividend yield of 1.06%. Sandstorm Gold's dividend payout ratio is currently 57.14%.
Sandstorm Gold Company Profile
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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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