Sandstorm Gold Ltd. (TSE:SSL – Free Report) – Research analysts at Scotiabank decreased their FY2025 earnings estimates for Sandstorm Gold in a research report issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $0.26 per share for the year, down from their prior forecast of $0.35. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.
A number of other equities research analysts have also commented on SSL. CIBC dropped their target price on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Raymond James dropped their price objective on shares of Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating on the stock in a report on Thursday, February 20th.
Sandstorm Gold Stock Performance
Shares of SSL opened at C$9.82 on Monday. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29. The stock has a 50-day moving average of C$8.89 and a two-hundred day moving average of C$8.37. The stock has a market cap of C$2.06 billion, a P/E ratio of 65.34, a P/E/G ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a one year low of C$6.74 and a one year high of C$9.93.
Sandstorm Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were paid a dividend of $0.02 per share. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.81%. Sandstorm Gold’s payout ratio is 53.23%.
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.
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