Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Equities researchers at Stifel Canada issued their Q3 2024 earnings per share estimates for Sandstorm Gold in a report released on Monday, October 21st. Stifel Canada analyst I. Rico anticipates that the company will earn $0.04 per share for the quarter. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.23 per share. Stifel Canada also issued estimates for Sandstorm Gold's FY2025 earnings at $0.28 EPS.
Sandstorm Gold (TSE:SSL - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported C$0.04 earnings per share for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.01. The firm had revenue of C$56.61 million during the quarter, compared to analyst estimates of C$55.48 million. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%.
Other equities research analysts also recently issued research reports about the stock. TD Securities raised their price objective on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Canaccord Genuity Group boosted their price target on Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. CIBC lifted their price objective on Sandstorm Gold from C$9.00 to C$9.50 in a report on Wednesday, July 10th. Finally, Stifel Nicolaus increased their price objective on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday.
Get Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Stock Performance
SSL traded down C$0.11 during midday trading on Wednesday, reaching C$8.85. The company's stock had a trading volume of 344,566 shares, compared to its average volume of 309,910. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63. The company has a fifty day simple moving average of C$7.93 and a 200 day simple moving average of C$7.73. The stock has a market cap of C$2.63 billion, a P/E ratio of 63.21, a PEG ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a twelve month low of C$5.36 and a twelve month high of C$8.98.
Sandstorm Gold Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 25th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.90%. The ex-dividend date is Tuesday, October 15th. Sandstorm Gold's dividend payout ratio is currently 57.14%.
About Sandstorm Gold
(
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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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