HC Wainwright Predicts Stronger Earnings for Sandstorm Gold

Sandstorm Gold Ltd. (TSE:SSL) – HC Wainwright raised their FY2025 earnings per share (EPS) estimates for shares of Sandstorm Gold in a research note issued on Monday, November 11th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.14 per share for the year, up from their previous estimate of $0.10. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

Several other brokerages have also recently weighed in on SSL. TD Securities boosted their price objective on Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. Stifel Nicolaus upped their price target on Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st. CIBC upped their price target on Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th. Finally, Canaccord Genuity Group upped their price target on Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd.

Sandstorm Gold Stock Performance

Shares of TSE:SSL opened at C$7.55 on Wednesday. The stock has a market capitalization of C$2.25 billion, a P/E ratio of 53.93, a P/E/G ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 1-year low of C$5.36 and a 1-year high of C$8.98. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63. The business has a 50-day moving average price of C$8.16 and a two-hundred day moving average price of C$7.82.

Sandstorm Gold (TSE:SSL) last announced its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.02). The firm had revenue of C$60.98 million for the quarter, compared to the consensus estimate of C$61.69 million. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%.

Sandstorm Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were paid a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.06%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 57.14%.

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.