Sandstorm Gold Ltd. (TSE:SSL - Free Report) - Stock analysts at Cormark issued their Q1 2024 EPS estimates for shares of Sandstorm Gold in a research note issued to investors on Monday, April 22nd. Cormark analyst N. Dion anticipates that the company will earn $0.03 per share for the quarter. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.09 per share.
Sandstorm Gold (TSE:SSL - Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The company reported C$0.11 EPS for the quarter, beating analysts' consensus estimates of C$0.03 by C$0.08. The business had revenue of C$60.59 million for the quarter, compared to analysts' expectations of C$62.51 million. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.95%.
SSL has been the topic of a number of other research reports. Canaccord Genuity Group boosted their target price on shares of Sandstorm Gold from C$10.00 to C$10.50 in a research report on Tuesday. TD Securities dropped their price objective on shares of Sandstorm Gold from C$8.00 to C$7.00 and set a "buy" rating on the stock in a report on Wednesday, February 14th. Finally, CIBC raised their target price on Sandstorm Gold from C$8.00 to C$9.00 in a research note on Monday, April 15th.
Read Our Latest Research Report on Sandstorm Gold
Sandstorm Gold Trading Up 0.3 %
Shares of Sandstorm Gold stock traded up C$0.02 on Wednesday, hitting C$7.37. 150,468 shares of the company's stock traded hands, compared to its average volume of 311,071. The company has a market capitalization of C$2.20 billion, a price-to-earnings ratio of 38.84, a price-to-earnings-growth ratio of 0.90 and a beta of 1.03. The company has a fifty day moving average of C$6.61 and a two-hundred day moving average of C$6.50. The company has a debt-to-equity ratio of 29.92, a current ratio of 3.32 and a quick ratio of 1.17. Sandstorm Gold has a one year low of C$5.36 and a one year high of C$8.38.
Insider Buying and Selling at Sandstorm Gold
In related news, Director Nolan Allan Watson acquired 27,200 shares of the firm's stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of C$7.33 per share, with a total value of C$199,376.00. Insiders own 1.22% of the company's stock.
Sandstorm Gold Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 26th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.08 annualized dividend and a yield of 1.09%. Sandstorm Gold's payout ratio is 42.11%.
Sandstorm Gold Company Profile
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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.
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