Cormark Has Positive View of Sandstorm Gold FY2025 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Stock analysts at Cormark raised their FY2025 earnings per share estimates for Sandstorm Gold in a report released on Monday, November 11th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.26 for the year, up from their previous forecast of $0.22. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

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

Sandstorm Gold Price Performance

Sandstorm Gold stock opened at C$7.55 on Wednesday. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63. The company has a market capitalization of C$2.25 billion, a PE ratio of 53.93, a P/E/G ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 12 month low of C$5.36 and a 12 month high of C$8.98. The stock has a 50-day moving average price of C$8.16 and a two-hundred day moving average price of C$7.82.

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

Sandstorm Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.06%. Sandstorm Gold’s dividend payout ratio (DPR) is 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.