Sandstorm Gold (TSE:SSL – Free Report) had its target price boosted by TD Securities from C$10.00 to C$11.00 in a research report sent to investors on Friday morning, BayStreet.CA reports.
Other research analysts have also recently issued reports about the company. Canaccord Genuity Group lifted their price target on Sandstorm Gold from C$10.50 to C$11.00 in a report on Tuesday, July 23rd. CIBC lifted their price target on shares of Sandstorm Gold from C$9.00 to C$9.50 in a research report on Wednesday, July 10th.
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Sandstorm Gold Stock Up 2.3 %
Sandstorm Gold (TSE:SSL – Get Free Report) last released its earnings results on Thursday, August 1st. The company reported C$0.04 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.01. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%. The business had revenue of C$56.61 million for the quarter, compared to the consensus estimate of C$55.48 million. Equities analysts expect that Sandstorm Gold will post 0.230835 earnings per share for the current year.
Sandstorm Gold Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 25th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.96%. Sandstorm Gold’s dividend payout ratio is presently 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.
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