Sandstorm Gold Ltd. (TSE:SSL) Expected to Post Q1 2022 Earnings of $0.08 Per Share

Sandstorm Gold Ltd. (TSE:SSL – Get Rating) – Equities research analysts at Cormark issued their Q1 2022 earnings per share estimates for shares of Sandstorm Gold in a research report issued on Monday, April 25th. Cormark analyst N. Dion anticipates that the company will post earnings per share of $0.08 for the quarter.

Sandstorm Gold (TSE:SSL – Get Rating) last issued its quarterly earnings results on Thursday, February 17th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). The company had revenue of C$37.60 million for the quarter.

Several other equities analysts also recently weighed in on the stock. Raymond James raised shares of Sandstorm Gold to a “buy” rating and set a C$9.50 price target on the stock in a report on Friday, February 18th. HC Wainwright restated a “buy” rating and issued a C$14.75 price target on shares of Sandstorm Gold in a report on Wednesday, April 6th. National Bankshares increased their price target on shares of Sandstorm Gold from C$10.00 to C$12.50 in a research report on Wednesday, April 20th. TD Securities increased their price objective on shares of Sandstorm Gold from C$11.00 to C$11.50 in a research report on Tuesday, February 22nd. Finally, Royal Bank of Canada upgraded shares of Sandstorm Gold from an “underperform” rating to a “hold” rating and increased their price target for the stock from C$6.50 to C$7.00 in a report on Friday, February 18th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$11.27.

Shares of SSL stock opened at C$9.96 on Tuesday. The company has a 50 day moving average price of C$10.10 and a 200-day moving average price of C$8.60. Sandstorm Gold has a 52 week low of C$6.86 and a 52 week high of C$11.61. The firm has a market capitalization of C$1.91 billion and a PE ratio of 55.64. The company has a quick ratio of 3.85, a current ratio of 4.57 and a debt-to-equity ratio of 0.44.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 29th. Stockholders of record on Friday, April 29th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Monday, April 18th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.80%. Sandstorm Gold’s dividend payout ratio is 44.69%.

In other Sandstorm Gold news, Director David Awram sold 99,500 shares of the business’s stock in a transaction dated Tuesday, February 22nd. The stock was sold at an average price of C$8.72, for a total value of C$867,968.35. Following the completion of the sale, the director now owns 558,240 shares of the company’s stock, valued at C$4,869,694.99. In the last three months, insiders have sold 188,500 shares of company stock valued at $1,671,249.

Sandstorm Gold Company Profile (Get Rating)

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines. It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price.

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