Sandstorm Gold (SAND) Projected to Post Quarterly Earnings on Thursday

Sandstorm Gold (NYSE:SAND - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.05 per share and revenue of $71.61 million for the quarter.

Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. During the same period in the prior year, the business earned ($0.04) earnings per share. On average, analysts expect Sandstorm Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sandstorm Gold Price Performance

Sandstorm Gold stock traded down $0.08 during trading hours on Friday, hitting $8.43. 4,094,285 shares of the stock were exchanged, compared to its average volume of 3,464,289. Sandstorm Gold has a 12 month low of $4.92 and a 12 month high of $8.82. The business's 50-day moving average is $7.09 and its two-hundred day moving average is $6.27. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.29 and a current ratio of 1.95. The stock has a market capitalization of $2.47 billion, a P/E ratio of 168.63 and a beta of 0.90.

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. The ex-dividend date of this dividend was Monday, April 14th. This represents a $0.06 dividend on an annualized basis and a yield of 0.66%. Sandstorm Gold's dividend payout ratio (DPR) is presently 100.00%.

Analysts Set New Price Targets

SAND has been the subject of several research reports. Royal Bank of Canada raised their price objective 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. Raymond James reissued an "outperform" rating on shares of Sandstorm Gold in a research note on Friday, April 4th. Scotiabank upped their price target on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a research note on Monday, April 14th. HC Wainwright lowered their price objective on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating for the company in a research report on Wednesday, February 19th. Finally, StockNews.com upgraded shares of Sandstorm Gold from a "hold" rating to a "buy" rating in a research report on Wednesday, February 26th. 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.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $9.06.

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.