Sandstorm Gold Ltd. (TSE:SSL – Free Report) – Research analysts at HC Wainwright cut their FY2025 earnings per share estimates for Sandstorm Gold in a research report issued to clients and investors on Wednesday, February 19th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.11 for the year, down from their previous forecast of $0.14. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.
Several other research firms have also recently issued reports on SSL. CIBC cut their target price on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating for the company in a research report on Thursday. Raymond James cut their target price on Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating for the company in a research report on Thursday.
Sandstorm Gold Stock Performance
TSE:SSL opened at C$8.52 on Friday. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44. Sandstorm Gold has a 12-month low of C$5.42 and a 12-month high of C$9.48. The stock has a 50-day moving average price of C$8.36 and a 200 day moving average price of C$8.10. The stock has a market capitalization of C$1.79 billion, a P/E ratio of 56.69, a P/E/G ratio of 0.90 and a beta of 1.11.
Insider Buying and Selling at Sandstorm Gold
In other Sandstorm Gold 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 transaction of C$403,000.00. 1.20% of the stock is currently owned by company insiders.
Sandstorm Gold Dividend Announcement
The company also recently declared 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 0.94%. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio is presently 53.23%.
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.
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