Q4 EPS Estimates for Sandstorm Gold Raised by Raymond James

Sandstorm Gold Ltd. (TSE:SSL) – Stock analysts at Raymond James raised their Q4 2024 earnings per share estimates for Sandstorm Gold in a research report issued to clients and investors on Sunday, November 10th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.06 for the quarter, up from their previous estimate of $0.05. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share. Raymond James also issued estimates for Sandstorm Gold’s Q1 2025 earnings at $0.06 EPS, Q2 2025 earnings at $0.06 EPS and FY2025 earnings at $0.25 EPS.

A number of other equities analysts have also recently commented on the company. TD Securities lifted their target price on Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. CIBC lifted their target price on Sandstorm Gold from C$9.50 to C$10.00 in a report on Friday, November 8th. Canaccord Genuity Group lifted their target price on Sandstorm Gold from C$10.50 to C$11.00 in a report on Tuesday, July 23rd. Finally, Stifel Nicolaus lifted their target price on Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st.

Sandstorm Gold Stock Performance

TSE SSL opened at C$7.54 on Tuesday. The stock has a market capitalization of C$2.24 billion, a PE ratio of 53.86, a P/E/G ratio of 0.90 and a beta of 1.11. The business has a 50 day simple moving average of C$8.17 and a two-hundred day simple moving average of C$7.82. The company has a debt-to-equity ratio of 26.63, a current ratio of 1.99 and a quick ratio of 1.17. Sandstorm Gold has a 1-year low of C$5.36 and a 1-year high of C$8.98.

Sandstorm Gold (TSE:SSL) last released its quarterly earnings results 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 analysts’ expectations of C$61.69 million. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%.

Sandstorm Gold Announces Dividend

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

Sandstorm Gold Company Profile

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.