Sandstorm Gold Ltd. (TSE:SSL - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$9.49 and last traded at C$9.48, with a volume of 16861 shares trading hands. The stock had previously closed at C$9.41.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on SSL. Raymond James dropped their price objective on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating for the company in a report on Thursday, February 20th. CIBC dropped their price target on Sandstorm Gold from C$10.00 to C$9.50 and set a "neutral" rating for the company in a research note on Thursday, February 20th.
View Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Stock Performance
The business's 50 day simple moving average is C$8.82 and its two-hundred day simple moving average is C$8.33. The firm has a market capitalization of C$2.04 billion, a PE ratio of 64.68, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44.
Sandstorm Gold Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.82%. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold's dividend payout ratio is 53.23%.
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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