Sandstorm Gold FY2025 EPS Cut by National Bank Financial

Sandstorm Gold Ltd. (NYSE:SAND) – Equities researchers at National Bank Financial cut their FY2025 earnings per share estimates for shares of Sandstorm Gold in a report released on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.27 per share for the year, down from their prior estimate of $0.29. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.09 per share.

Other equities research analysts have also recently issued research reports about the stock. StockNews.com cut shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research report on Thursday. HC Wainwright upped their target price on shares of Sandstorm Gold from $11.50 to $12.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $8.50.

Sandstorm Gold Stock Down 4.1 %

SAND opened at $6.38 on Thursday. The company has a market capitalization of $1.89 billion, a PE ratio of 53.13 and a beta of 1.10. The firm has a 50-day simple moving average of $5.78 and a two-hundred day simple moving average of $5.79. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.26. Sandstorm Gold has a 52 week low of $3.98 and a 52 week high of $6.67.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SAND. Private Advisor Group LLC raised its position in Sandstorm Gold by 2.2% during the third quarter. Private Advisor Group LLC now owns 314,963 shares of the company’s stock valued at $1,890,000 after acquiring an additional 6,669 shares in the last quarter. Allworth Financial LP purchased a new position in shares of Sandstorm Gold during the 3rd quarter valued at approximately $60,000. Pullen Investment Management LLC lifted its stake in shares of Sandstorm Gold by 14.0% in the 3rd quarter. Pullen Investment Management LLC now owns 125,360 shares of the company’s stock valued at $752,000 after purchasing an additional 15,384 shares during the period. Intact Investment Management Inc. boosted its holdings in Sandstorm Gold by 195.0% during the third quarter. Intact Investment Management Inc. now owns 130,100 shares of the company’s stock worth $781,000 after buying an additional 86,000 shares in the last quarter. Finally, Aigen Investment Management LP grew its position in Sandstorm Gold by 32.4% during the third quarter. Aigen Investment Management LP now owns 42,385 shares of the company’s stock valued at $254,000 after buying an additional 10,363 shares during the period. Hedge funds and other institutional investors own 51.97% of the company’s stock.

Sandstorm Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. Sandstorm Gold’s dividend payout ratio is 50.00%.

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.