Cormark Has Negative View of Sandstorm Gold FY2025 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Equities research analysts at Cormark lowered their FY2025 earnings estimates for shares of Sandstorm Gold in a report released on Monday, August 11th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of $0.25 for the year, down from their prior estimate of $0.27. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

A number of other research firms also recently weighed in on SSL. Stifel Nicolaus raised their price target on shares of Sandstorm Gold from C$11.00 to C$13.00 in a research note on Monday, April 21st. Stifel Canada downgraded shares of Sandstorm Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 21st. TD Securities downgraded shares of Sandstorm Gold from a “strong-buy” rating to a “strong sell” rating and set a C$14.00 target price on the stock. in a research report on Thursday, July 10th. Canaccord Genuity Group lifted their target price on shares of Sandstorm Gold from C$15.75 to C$17.00 in a research report on Tuesday, June 10th. Finally, CIBC lifted their target price on shares of Sandstorm Gold from C$9.50 to C$11.25 in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$12.70.

Sandstorm Gold Trading Up 0.7%

SSL opened at C$14.65 on Tuesday. The company’s 50 day moving average is C$13.07 and its 200-day moving average is C$11.31. Sandstorm Gold has a 1-year low of C$7.17 and a 1-year high of C$14.66. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44. The company has a market cap of C$3.07 billion, a P/E ratio of 97.48, a PEG ratio of 0.90 and a beta of 1.11.

Sandstorm Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 25th were given a $0.02 dividend. The ex-dividend date was Tuesday, July 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.5%. Sandstorm Gold’s payout ratio is 53.23%.

About Sandstorm Gold

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm’s royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.