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

Sandstorm Gold (NYSE:SAND - Get Free Report) is expected to be releasing its earnings data after the market closes on Tuesday, February 18th. Analysts expect Sandstorm Gold to post earnings of $0.04 per share and revenue of $67.49 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Sandstorm Gold Trading Down 4.1 %

SAND traded down $0.28 during mid-day trading on Friday, hitting $6.38. 6,051,259 shares of the stock were exchanged, compared to its average volume of 5,461,015. The firm's fifty day moving average is $5.78 and its two-hundred day moving average is $5.79. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.26. Sandstorm Gold has a 1-year low of $3.98 and a 1-year high of $6.67. The company has a market cap of $1.89 billion, a PE ratio of 53.13 and a beta of 1.10.

Sandstorm Gold Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 21st were issued a dividend of $0.02 per share. This is an increase from Sandstorm Gold's previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 annualized dividend and a yield of 1.25%. Sandstorm Gold's dividend payout ratio is 50.00%.

Analysts Set New Price Targets

SAND has been the topic of a number of research reports. StockNews.com downgraded Sandstorm Gold from a "buy" rating to a "hold" rating in a research note on Thursday. HC Wainwright lifted their price objective on Sandstorm Gold from $11.50 to $12.00 and gave the stock a "buy" rating in a report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $8.50.

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.