Shares of Sandstorm Gold Ltd. (TSE:SSL - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$16.12 and last traded at C$15.98, with a volume of 39518 shares traded. The stock had previously closed at C$15.91.
Analyst Upgrades and Downgrades
Several research firms have recently commented on SSL. Stifel Canada downgraded shares of Sandstorm Gold from a "strong-buy" rating to a "hold" rating in a report on Monday, July 21st. Canaccord Genuity Group boosted their target price on shares of Sandstorm Gold from C$15.75 to C$17.00 in a report on Tuesday, June 10th. Finally, 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 report on Thursday, July 10th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Sandstorm Gold currently has a consensus rating of "Hold" and an average price target of C$12.70.
Get Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Price Performance
The company has a debt-to-equity ratio of 26.44, a current ratio of 2.29 and a quick ratio of 1.17. The firm has a market cap of C$4.79 billion, a P/E ratio of 136.08, a PEG ratio of 0.90 and a beta of 0.66. The stock's 50-day simple moving average is C$14.29 and its two-hundred day simple moving average is C$12.32.
Sandstorm Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 25th were given a dividend of $0.02 per share. The ex-dividend date was Tuesday, July 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.5%. Sandstorm Gold's payout ratio is 47.57%.
About Sandstorm Gold
(
Get Free Report)
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.
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