Sandstorm Gold Ltd. (TSE:SSL - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$13.85 and last traded at C$13.57, with a volume of 540609 shares. The stock had previously closed at C$13.15.
Analysts Set New Price Targets
SSL has been the topic of a number of research reports. Canaccord Genuity Group increased their target price on shares of Sandstorm Gold from C$15.75 to C$17.00 in a report on Tuesday, June 10th. CIBC raised their target price on shares of Sandstorm Gold from C$9.50 to C$11.25 in a report on Thursday, April 17th. TD Securities cut shares of Sandstorm Gold from a "buy" rating to a "sell" rating and set a C$14.00 target price on the stock. in a report on Thursday. Finally, Stifel Nicolaus raised their target price on shares of Sandstorm Gold from C$11.00 to C$13.00 in a report on Monday, April 21st.
Read Our Latest Research Report on Sandstorm Gold
Sandstorm Gold Trading Down 0.7%
The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44. The business's fifty day simple moving average is C$12.36 and its two-hundred day simple moving average is C$10.41. The company has a market cap of C$2.81 billion, a price-to-earnings ratio of 89.30, a PEG ratio of 0.90 and a beta of 1.11.
Sandstorm Gold Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 25th will be issued a dividend of $0.02 per share. The ex-dividend date is Tuesday, July 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.60%. Sandstorm Gold's payout ratio is currently 53.23%.
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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