Sandstorm Gold (SAND) to Release Earnings on Thursday

Sandstorm Gold (NYSE:SAND - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.05 per share and revenue of $71.61 million for the quarter.

Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. Sandstorm Gold had a return on equity of 0.98% and a net margin of 8.11%. During the same quarter in the previous year, the company posted ($0.04) EPS. On average, analysts expect Sandstorm Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sandstorm Gold Price Performance

Shares of SAND stock traded down $0.15 during trading hours on Tuesday, hitting $8.39. 3,408,773 shares of the company's stock were exchanged, compared to its average volume of 3,477,357. The stock's 50-day moving average is $7.19 and its 200-day moving average is $6.31. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.95 and a quick ratio of 2.29. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 167.83 and a beta of 0.90. Sandstorm Gold has a 52 week low of $4.92 and a 52 week high of $8.82.

Sandstorm Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 14th were issued a dividend of $0.014 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold's payout ratio is presently 100.00%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SAND. HC Wainwright cut their price target on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating on the stock in a research note on Wednesday, February 19th. Raymond James reaffirmed an "outperform" rating on shares of Sandstorm Gold in a research note on Friday, April 4th. StockNews.com raised Sandstorm Gold from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th. Royal Bank of Canada upped their price target on Sandstorm Gold from $6.50 to $7.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. Finally, Scotiabank upped their price target on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $9.06.

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.