Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Investment analysts at Stifel Canada boosted their FY2024 EPS estimates for shares of Sandstorm Gold in a research note issued on Monday, October 21st. Stifel Canada analyst I. Rico now forecasts that the company will earn $0.15 per share for the year, up from their prior forecast of $0.12. 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 FY2026 earnings at $0.28 EPS.
Several other brokerages also recently issued reports on SSL. Stifel Nicolaus lifted their price target on shares of Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday. CIBC lifted their price target on shares of Sandstorm Gold from C$9.00 to C$9.50 in a report on Wednesday, July 10th. TD Securities lifted their price target on shares of Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. Finally, Canaccord Genuity Group lifted their price target on shares of Sandstorm Gold from C$10.50 to C$11.00 in a report on Tuesday, July 23rd.
View Our Latest Stock Report on SSL
Sandstorm Gold Price Performance
Shares of TSE:SSL traded down C$0.13 during midday trading on Thursday, reaching C$8.72. 395,150 shares of the company's stock were exchanged, compared to its average volume of 310,324. The company's 50 day simple moving average is C$7.96 and its two-hundred day simple moving average is C$7.74. The firm has a market capitalization of C$2.59 billion, a PE ratio of 62.29, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 12 month low of C$5.36 and a 12 month high of C$8.98. The company has a debt-to-equity ratio of 26.63, a quick ratio of 1.17 and a current ratio of 1.99.
Sandstorm Gold (TSE:SSL - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.03 by C$0.01. The company had revenue of C$56.61 million during the quarter, compared to analysts' expectations of C$55.48 million. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%.
Sandstorm Gold Dividend Announcement
The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.92%. 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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