FY2025 Earnings Estimate for Sandstorm Gold Ltd. (NYSE:SAND) Issued By National Bank Financial

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Sandstorm Gold in a research note issued on Thursday, April 18th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of $0.08 for the year, down from their prior forecast of $0.12. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.07 per share.

Separately, Scotiabank lowered their target price on shares of Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating on the stock in a research note on Thursday, April 18th.

Sandstorm Gold Stock Up 2.0 %

SAND stock opened at $5.37 on Monday. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.30. Sandstorm Gold has a fifty-two week low of $3.96 and a fifty-two week high of $6.24. The firm’s 50-day simple moving average is $4.86 and its 200 day simple moving average is $4.80. The stock has a market cap of $1.60 billion, a PE ratio of 38.32 and a beta of 1.10.

Sandstorm Gold (NYSE:SAND) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.89%. The business had revenue of $44.50 million for the quarter, compared to analysts’ expectations of $46.30 million.

Hedge Funds Weigh In On Sandstorm Gold

Several large investors have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its position in shares of Sandstorm Gold by 2.3% during the 4th quarter. Van ECK Associates Corp now owns 28,838,800 shares of the company’s stock valued at $145,059,000 after purchasing an additional 657,177 shares in the last quarter. Capital International Investors boosted its position in shares of Sandstorm Gold by 3.1% during the 4th quarter. Capital International Investors now owns 14,452,440 shares of the company’s stock valued at $72,696,000 after purchasing an additional 434,460 shares in the last quarter. Sprott Inc. boosted its position in shares of Sandstorm Gold by 6.4% during the 4th quarter. Sprott Inc. now owns 4,048,355 shares of the company’s stock valued at $20,365,000 after purchasing an additional 242,554 shares in the last quarter. Helikon Investments Ltd bought a new position in shares of Sandstorm Gold during the 1st quarter valued at about $6,771,000. Finally, Bar Harbor Wealth Management boosted its position in shares of Sandstorm Gold by 1.7% during the 3rd quarter. Bar Harbor Wealth Management now owns 1,177,067 shares of the company’s stock valued at $5,485,000 after purchasing an additional 19,439 shares in the last quarter. Institutional investors and hedge funds own 51.97% of the company’s stock.

Sandstorm Gold Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.0147 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.06 annualized dividend and a yield of 1.10%. Sandstorm Gold’s payout ratio is 21.43%.

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.