HC Wainwright Boosts Earnings Estimates for Sandstorm Gold

Sandstorm Gold Ltd. (TSE:SSL) – Investment analysts at HC Wainwright increased their FY2025 EPS estimates for shares of Sandstorm Gold in a research note issued on Thursday, May 8th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.15 per share for the year, up from their prior forecast of $0.11. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

SSL has been the subject of several other research reports. Canaccord Genuity Group upped their target price on shares of Sandstorm Gold from C$12.25 to C$12.75 and gave the stock a “buy” rating in a report on Wednesday, April 9th. Raymond James decreased their price target on shares of Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating on the stock in a research note on Thursday, February 20th. Stifel Nicolaus boosted their price target on shares of Sandstorm Gold from C$11.00 to C$13.00 in a research note on Monday, April 21st. Finally, CIBC upped their target price on shares of Sandstorm Gold from C$9.50 to C$11.25 in a research report on Thursday, April 17th.

Sandstorm Gold Trading Down 1.1%

Shares of Sandstorm Gold stock opened at C$11.30 on Monday. The company has a market capitalization of C$2.37 billion, a P/E ratio of 75.19, a P/E/G ratio of 0.90 and a beta of 1.11. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29. The company has a fifty day moving average of C$10.75 and a 200 day moving average of C$9.18. Sandstorm Gold has a fifty-two week low of C$6.93 and a fifty-two week high of C$12.31.

Sandstorm Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 25th were issued a dividend of $0.02 per share. The ex-dividend date was Monday, April 14th. This represents a $0.08 annualized dividend and a yield of 0.71%. Sandstorm Gold’s payout ratio is 53.23%.

About Sandstorm Gold

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm’s royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.