Q4 EPS Estimates for Sandstorm Gold Raised by Raymond James

Sandstorm Gold Ltd. (TSE:SSL) – Investment analysts at Raymond James upped their Q4 2024 earnings per share (EPS) estimates for shares of Sandstorm Gold in a report released on Sunday, November 10th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.06 per share for the quarter, up from their prior forecast of $0.05. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share. Raymond James also issued estimates for Sandstorm Gold’s Q1 2025 earnings at $0.06 EPS, Q2 2025 earnings at $0.06 EPS and FY2025 earnings at $0.25 EPS.

Other research analysts have also issued reports about the company. CIBC boosted their price target on Sandstorm Gold from C$9.50 to C$10.00 in a research report on Friday, November 8th. TD Securities boosted their target price on Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Canaccord Genuity Group boosted their target price on Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. Finally, Stifel Nicolaus boosted their target price on Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st.

Sandstorm Gold Trading Down 0.9 %

SSL opened at C$7.54 on Tuesday. The firm has a market cap of C$2.24 billion, a price-to-earnings ratio of 53.86, a PEG ratio of 0.90 and a beta of 1.11. 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$8.98. The stock has a fifty day moving average price of C$8.17 and a 200-day moving average price of C$7.82.

Sandstorm Gold (TSE:SSL) last released its quarterly 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 company had revenue of C$60.98 million during the quarter, compared to the consensus estimate of C$61.69 million. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%.

Sandstorm Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 25th were paid a dividend of $0.02 per share. The ex-dividend date was Tuesday, October 15th. This represents a $0.08 annualized dividend and a yield of 1.06%. Sandstorm Gold’s payout ratio is presently 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.