Sandstorm Gold Ltd. (TSE:SSL – Free Report) – Investment analysts at Raymond James decreased their FY2025 earnings per share estimates for shares of Sandstorm Gold in a report issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.21 for the year, down from their previous estimate of $0.23. Raymond James has a “Outperform” rating and a $8.25 price objective on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.
Separately, CIBC lowered their target price on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating on the stock in a research note on Thursday.
Sandstorm Gold Price Performance
Shares of 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. The stock’s fifty day simple moving average is C$8.36 and its two-hundred day simple moving average is C$8.10. Sandstorm Gold has a 1-year low of C$5.42 and a 1-year high of C$9.48. The stock has a market cap of C$1.79 billion, a PE ratio of 56.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11.
Sandstorm Gold Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 31st were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio (DPR) is currently 53.23%.
Insider Buying and Selling
In other Sandstorm Gold news, Director David Awram sold 50,000 shares of Sandstorm Gold stock in a transaction dated 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 insiders.
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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