Sandstorm Gold (SAND) to Release Earnings on Thursday

Sandstorm Gold (NYSE:SAND) is scheduled to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Sandstorm Gold (NYSE:SAND) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.02 by $0.06. Sandstorm Gold had a return on equity of 2.89% and a net margin of 23.22%. The company had revenue of $44.50 million for the quarter, compared to analyst estimates of $46.30 million. On average, analysts expect Sandstorm Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sandstorm Gold Stock Down 3.5 %

Shares of SAND opened at $5.46 on Wednesday. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.30. Sandstorm Gold has a 12 month low of $3.96 and a 12 month high of $6.24. The stock’s 50 day moving average is $5.01 and its two-hundred day moving average is $4.83. The firm has a market cap of $1.63 billion, a P/E ratio of 39.00 and a beta of 1.10.

Sandstorm Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th were issued a $0.0147 dividend. This represents a $0.06 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Monday, April 15th. Sandstorm Gold’s payout ratio is currently 21.43%.

Analyst Ratings Changes

Separately, Scotiabank dropped their price objective on Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating on the stock in a report on Thursday, April 18th.

About Sandstorm Gold

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.