Shares of Sandstorm Gold Ltd. (TSE:SSL - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$12.76 and last traded at C$12.72, with a volume of 373320 shares trading hands. The stock had previously closed at C$12.11.
Analysts Set New Price Targets
SSL has been the topic of a number of research reports. CIBC increased their target price on shares of Sandstorm Gold from C$9.50 to C$11.25 in a report on Thursday, April 17th. Stifel Nicolaus increased their price objective on shares of Sandstorm Gold from C$11.00 to C$13.00 in a research note on Monday, April 21st. Canaccord Genuity Group lifted their target price on Sandstorm Gold from C$12.25 to C$12.75 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Finally, Raymond James lowered their target price on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating for the company in a report on Thursday, February 20th.
Read Our Latest Analysis on SSL
Sandstorm Gold Stock Performance
The firm has a market cap of C$2.73 billion, a price-to-earnings ratio of 86.64, a PEG ratio of 0.90 and a beta of 1.11. The stock's fifty day moving average is C$11.49 and its two-hundred day moving average is C$9.61. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29.
Sandstorm Gold Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 25th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Monday, April 14th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.61%. Sandstorm Gold's dividend payout ratio is presently 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.
Featured Stories
Before you consider Sandstorm Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sandstorm Gold wasn't on the list.
While Sandstorm Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
