Stifel Canada Comments on Sandstorm Gold Q4 Earnings

Sandstorm Gold Ltd. (TSE:SSL) – Research analysts at Stifel Canada issued their Q4 2024 EPS estimates for shares of Sandstorm Gold in a research report issued to clients and investors on Tuesday, February 4th. Stifel Canada analyst I. Rico expects that the company will earn $0.07 per share for the quarter. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

Sandstorm Gold (TSE:SSL) last issued 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 firm had revenue of C$60.98 million for 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%.

Several other equities research analysts have also recently issued reports on the stock. CIBC boosted their price objective on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research report on Friday, November 8th. TD Securities boosted their price objective on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th. Finally, Stifel Nicolaus boosted their price objective on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research report on Monday, October 21st.

Sandstorm Gold Stock Performance

Shares of TSE:SSL opened at C$8.96 on Thursday. The company has a market capitalization of C$2.66 billion, a price-to-earnings ratio of 64.00, 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$9.02. The firm’s 50-day moving average is C$8.13 and its 200 day moving average is C$8.01.

Sandstorm Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were given a $0.02 dividend. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 0.89%. Sandstorm Gold’s payout ratio is presently 57.14%.

Insider Transactions at Sandstorm Gold

In other news, Director David Awram sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$8.06, for a total value of C$403,000.00. Corporate insiders own 1.20% of the company’s stock.

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.