Stifel Canada Comments on Sandstorm Gold Q4 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Equities researchers at Stifel Canada issued their Q4 2024 EPS estimates for shares of Sandstorm Gold in a report issued on Tuesday, February 4th. Stifel Canada analyst I. Rico expects that the company will earn $0.07 per share for the quarter. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

A number of other brokerages have also issued reports on SSL. CIBC upped their price target on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th. TD Securities increased their price objective on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Finally, Stifel Nicolaus increased their price objective on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st.

Sandstorm Gold Trading Up 1.9 %

Shares of Sandstorm Gold stock opened at C$8.96 on Thursday. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63. Sandstorm Gold has a 12-month low of C$5.36 and a 12-month high of C$9.02. The firm has a market capitalization of C$2.66 billion, a price-to-earnings ratio of 64.00, a PEG ratio of 0.90 and a beta of 1.11. The firm’s 50 day simple moving average is C$8.13 and its two-hundred day simple moving average is C$8.01.

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

Insider Transactions at Sandstorm Gold

In related news, Director David Awram sold 50,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$8.06, for a total transaction of C$403,000.00. Company insiders own 1.20% of the company’s stock.

Sandstorm Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were paid a $0.02 dividend. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.89%. Sandstorm Gold’s payout ratio is currently 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.