Sandstorm Gold Ltd. (TSE:SSL - Get Free Report) declared a quarterly dividend on Wednesday, September 25th, Zacks reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.02 per share on Friday, October 25th. This represents a $0.08 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, October 15th.
Sandstorm Gold Price Performance
Shares of TSE SSL opened at C$8.43 on Friday. 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 stock has a market cap of C$2.51 billion, a P/E ratio of 60.21, a P/E/G ratio of 0.90 and a beta of 1.11. The stock has a 50 day moving average of C$7.74 and a two-hundred day moving average of C$7.56. Sandstorm Gold has a twelve month low of C$5.36 and a twelve month high of C$8.58.
Sandstorm Gold (TSE:SSL - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C$0.03 by C$0.01. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%. The firm had revenue of C$56.61 million during the quarter, compared to the consensus estimate of C$55.48 million. On average, research analysts forecast that Sandstorm Gold will post 0.2187098 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. CIBC lifted their target price on Sandstorm Gold from C$9.00 to C$9.50 in a research note on Wednesday, July 10th. Canaccord Genuity Group raised their target price on shares of Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. Finally, TD Securities boosted their price target on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research note on Monday, July 22nd.
Get Our Latest Stock Analysis on SSL
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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