Sandstorm Gold FY2025 EPS Estimate Lowered by Scotiabank

Sandstorm Gold Ltd. (NYSE:SAND) – Equities research analysts at Scotiabank decreased their FY2025 earnings estimates for Sandstorm Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $0.18 for the year, down from their previous estimate of $0.24. Scotiabank currently 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.

Several other research firms have also issued reports on SAND. HC Wainwright reduced their price target on Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating on the stock in a research report on Wednesday, February 19th. StockNews.com upgraded shares of Sandstorm Gold from a “hold” rating to a “buy” rating in a report on Wednesday, February 26th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $8.56.

Sandstorm Gold Stock Up 7.7 %

SAND opened at $7.38 on Monday. Sandstorm Gold has a 12 month low of $4.92 and a 12 month high of $7.44. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The business’s 50-day moving average price is $6.23 and its 200-day moving average price is $5.97. The company has a market cap of $2.19 billion, a P/E ratio of 147.63 and a beta of 1.06.

Sandstorm Gold (NYSE:SAND) last issued 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 return on equity of 0.98% and a net margin of 8.11%. The business had revenue of $47.40 million during the quarter, compared to analysts’ expectations of $67.49 million. During the same quarter in the previous year, the business earned ($0.04) EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. PKO Investment Management Joint Stock Co bought a new stake in shares of Sandstorm Gold in the 4th quarter worth approximately $1,177,000. Pullen Investment Management LLC lifted its stake in Sandstorm Gold by 44.2% in the fourth quarter. Pullen Investment Management LLC now owns 180,819 shares of the company’s stock worth $1,009,000 after acquiring an additional 55,459 shares during the period. Mackenzie Financial Corp boosted its holdings in Sandstorm Gold by 3.9% in the fourth quarter. Mackenzie Financial Corp now owns 127,166 shares of the company’s stock valued at $711,000 after acquiring an additional 4,792 shares in the last quarter. Vident Advisory LLC raised its holdings in Sandstorm Gold by 4.5% in the 4th quarter. Vident Advisory LLC now owns 140,760 shares of the company’s stock worth $785,000 after purchasing an additional 6,100 shares in the last quarter. Finally, Two Sigma Advisers LP raised its holdings in Sandstorm Gold by 580.6% in the 4th quarter. Two Sigma Advisers LP now owns 2,314,684 shares of the company’s stock worth $12,916,000 after purchasing an additional 1,974,600 shares in the last quarter. Hedge funds and other institutional investors own 51.97% 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.