Brokers Issue Forecasts for Sandstorm Gold FY2025 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Equities researchers at National Bank Financial dropped their FY2025 EPS estimates for shares of Sandstorm Gold in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.39 for the year, down from their prior forecast of $0.40. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

A number of other brokerages also recently weighed in on SSL. Stifel Nicolaus upped their price objective on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research report on Monday, October 21st. CIBC lifted their price target on Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th. Finally, TD Securities increased their price target on Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th.

Sandstorm Gold Stock Performance

SSL opened at C$9.40 on Thursday. The stock has a market cap of C$2.80 billion, a P/E ratio of 67.14, a P/E/G ratio of 0.90 and a beta of 1.11. The company has a debt-to-equity ratio of 26.63, a current ratio of 1.99 and a quick ratio of 1.17. The firm has a fifty day moving average price of C$8.24 and a 200 day moving average price of C$8.05. Sandstorm Gold has a 1 year low of C$5.36 and a 1 year high of C$9.42.

Insider Activity

In other news, Director David Awram sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$8.06, for a total value of C$403,000.00. Company insiders own 1.20% of the company’s stock.

Sandstorm Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.85%. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold’s payout ratio is 57.14%.

Sandstorm Gold Company Profile

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.