Sandstorm Gold FY2025 EPS Forecast Lowered by Raymond James

Sandstorm Gold Ltd. (TSE:SSL) – Investment analysts at Raymond James lowered their FY2025 earnings estimates for Sandstorm Gold in a research note issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.21 per share for the year, down from their previous estimate of $0.23. Raymond James has a “Outperform” rating and a $8.25 price target on the stock. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share.

Separately, CIBC lowered their price target on shares of Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating for the company in a report on Thursday.

Sandstorm Gold Price Performance

SSL stock opened at C$8.77 on Friday. The company has a debt-to-equity ratio of 26.44, a current ratio of 2.29 and a quick ratio of 1.17. Sandstorm Gold has a one year low of C$5.42 and a one year high of C$9.48. The stock has a market cap of C$1.84 billion, a PE ratio of 58.36, a P/E/G ratio of 0.90 and a beta of 1.11. The firm has a 50 day simple moving average of C$8.35 and a two-hundred day simple moving average of C$8.10.

Sandstorm Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Tuesday, January 21st. Sandstorm Gold’s dividend payout ratio is currently 53.23%.

Insider Buying and Selling at Sandstorm Gold

In other Sandstorm Gold news, Director David Awram sold 50,000 shares of the firm’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 transaction of C$403,000.00. Company insiders own 1.20% of the company’s stock.

Sandstorm Gold Company Profile

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.