Sandstorm Gold Ltd. (NYSE:SAND – Free Report) – Research analysts at Scotiabank boosted their FY2026 earnings estimates for Sandstorm Gold in a note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings of $0.21 per share for the year, up from their prior estimate of $0.20. Scotiabank has a “Sector Perform” rating and a $7.25 price objective on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.18 per share.
Sandstorm Gold (NYSE:SAND – Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The firm had revenue of $47.40 million for the quarter, compared to analysts’ expectations of $67.49 million. During the same period in the previous year, the company earned ($0.04) EPS.
Read Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Stock Up 0.8 %
Shares of SAND stock opened at $6.86 on Friday. Sandstorm Gold has a 1-year low of $4.92 and a 1-year high of $6.95. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.95 and a quick ratio of 2.29. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 137.13 and a beta of 1.06. The stock’s fifty day moving average price is $6.15 and its 200 day moving average price is $5.93.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Cantor Fitzgerald L. P. acquired a new stake in shares of Sandstorm Gold during the 4th quarter worth approximately $56,000. Lifeworks Advisors LLC acquired a new stake in Sandstorm Gold during the 4th quarter worth approximately $57,000. Meixler Investment Management Ltd. purchased a new position in Sandstorm Gold in the fourth quarter valued at $66,000. JTC Employer Solutions Trustee Ltd purchased a new stake in shares of Sandstorm Gold during the fourth quarter worth approximately $72,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Sandstorm Gold by 21.0% in the 4th quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company’s stock valued at $78,000 after purchasing an additional 2,416 shares in the last quarter. 51.97% of the stock is currently owned by institutional investors and hedge funds.
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.
Read More
- Five stocks we like better than Sandstorm Gold
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Berkshire Hathaway Bets on Constellation Brands—Should You?
- How to Read Stock Charts for Beginners
- Analysts Are Upgrading These 5 Software Stocks—Should You Buy?
- What Are Growth Stocks and Investing in Them
- 3 ETFs Every Investor Needs to Hedge S&P 500 Volatility
Receive News & Ratings for Sandstorm Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandstorm Gold and related companies with MarketBeat.com's FREE daily email newsletter.