Cormark Estimates Sandstorm Gold's FY2025 Earnings (TSE:SSL)

Key Points

• Cormark has lowered its FY2025 earnings per share estimate for Sandstorm Gold from $0.27 to $0.25, while the consensus estimate stands at $0.23 per share.
• Sandstorm Gold's stock has faced mixed ratings, with TD Securities downgrading it from a "strong-buy" to a "strong sell," while CIBC and Canaccord Genuity have increased their target prices.
• The company recently announced a quarterly dividend of $0.02 per share, translating to an annualized dividend yield of 0.5% and a dividend payout ratio of 53.23%.

Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Stock analysts at Cormark decreased their FY2025 earnings per share estimates for Sandstorm Gold in a report released on Monday, August 11th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.25 for the year, down from their previous forecast of $0.27. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.23 per share.

SSL has been the topic of several other reports. TD Securities lowered Sandstorm Gold from a "strong-buy" rating to a "strong sell" rating and set a C$14.00 price objective on the stock. in a research note on Thursday, July 10th. CIBC increased their target price on Sandstorm Gold from C$9.50 to C$11.25 in a research report on Thursday, April 17th. Stifel Nicolaus increased their target price on Sandstorm Gold from C$11.00 to C$13.00 in a research report on Monday, April 21st. Stifel Canada downgraded Sandstorm Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Canaccord Genuity Group increased their target price on Sandstorm Gold from C$15.75 to C$17.00 in a research report on Tuesday, June 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Sandstorm Gold currently has a consensus rating of "Hold" and an average price target of C$12.70.

Sandstorm Gold Stock Performance

TSE:SSL opened at C$14.55 on Tuesday. The stock's 50-day simple moving average is C$13.04 and its 200 day simple moving average is C$11.29. The firm has a market capitalization of C$3.05 billion, a PE ratio of 96.82, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44. Sandstorm Gold has a twelve month low of C$7.10 and a twelve month high of C$14.62.

Sandstorm Gold Dividend Announcement

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

Sandstorm Gold Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.