Sandstorm Gold Ltd. (TSE:SSL – Free Report) – Research analysts at Scotiabank increased their FY2026 earnings estimates for shares of Sandstorm Gold in a note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will earn $0.30 per share for the year, up from their prior estimate of $0.29. 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 recently commented on SSL. CIBC lowered their target price on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Raymond James decreased their price objective on Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating for the company in a report on Thursday, February 20th.
Sandstorm Gold Price Performance
Sandstorm Gold stock opened at C$9.80 on Friday. The stock has a market cap of C$2.05 billion, a P/E ratio of 65.21, a P/E/G ratio of 0.90 and a beta of 1.11. The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44. The company’s 50 day moving average price is C$8.82 and its two-hundred day moving average price is C$8.33. Sandstorm Gold has a 52 week low of C$6.68 and a 52 week high of C$9.93.
Sandstorm Gold Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 31st were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.82%. The ex-dividend date was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio is currently 53.23%.
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.
Further Reading
- Five stocks we like better than Sandstorm Gold
- Consumer Discretionary Stocks Explained
- Berkshire Hathaway Bets on Constellation Brands—Should You?
- The 3 Best Fintech Stocks to Buy Now
- Analysts Are Upgrading These 5 Software Stocks—Should You Buy?
- What is the S&P/TSX Index?
- 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.