HC Wainwright Boosts Earnings Estimates for Sandstorm Gold

Sandstorm Gold Ltd. (TSE:SSL) – Equities research analysts at HC Wainwright upped their FY2025 earnings estimates for shares of Sandstorm Gold in a research report issued to clients and investors on Thursday, May 8th. HC Wainwright analyst H. Ihle now anticipates 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.

A number of other equities research analysts have also weighed in on SSL. CIBC boosted their target price on shares of Sandstorm Gold from C$9.50 to C$11.25 in a research note on Thursday, April 17th. Raymond James lowered their price target 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. Stifel Nicolaus increased their price target on Sandstorm Gold from C$11.00 to C$13.00 in a report on Monday, April 21st. Finally, Canaccord Genuity Group increased their price target on Sandstorm Gold from C$12.25 to C$12.75 and gave the company a “buy” rating in a report on Wednesday, April 9th.

Sandstorm Gold Price Performance

Shares of TSE SSL opened at C$11.30 on Monday. Sandstorm Gold has a twelve month low of C$6.93 and a twelve month high of C$12.31. The firm has a market cap of C$2.37 billion, a P/E ratio of 75.19, a PEG ratio of 0.90 and a beta of 1.11. The company has a 50 day moving average of C$10.75 and a 200 day moving average of C$9.18. 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, April 25th. Stockholders of record on Friday, April 25th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold’s payout ratio is 53.23%.

Sandstorm Gold Company Profile

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.