FY2025 EPS Estimates for Sandstorm Gold Decreased by Cormark

Sandstorm Gold Ltd. (TSE:SSL) – Analysts at Cormark dropped their FY2025 earnings per share (EPS) estimates for Sandstorm Gold in a research note issued to investors on Thursday, February 20th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.23 for the year, down from their prior estimate of $0.26. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

Other equities analysts have also recently issued research reports about the company. CIBC decreased their price target on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Raymond James reduced their target price on Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating on the stock in a report on Thursday, February 20th.

Sandstorm Gold Price Performance

Sandstorm Gold stock opened at C$8.85 on Monday. The business’s 50-day simple moving average is C$8.39 and its 200 day simple moving average is C$8.12. The stock has a market cap of C$1.85 billion, a price-to-earnings ratio of 58.89, a P/E/G ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 12-month low of C$5.42 and a 12-month high of C$9.48. The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44.

Sandstorm Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 31st were given a $0.02 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 0.90%. Sandstorm Gold’s dividend payout ratio is presently 53.23%.

Insider Activity at Sandstorm Gold

In other Sandstorm Gold news, Director David Awram sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$8.06, for a total value of C$403,000.00. 1.20% of the stock is owned by insiders.

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.