Sandstorm Gold (SSL) to Release Quarterly Earnings on Thursday

Sandstorm Gold (TSE:SSL - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.05 per share for the quarter.

Sandstorm Gold (TSE:SSL - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported C$0.04 EPS for the quarter, topping analysts' consensus estimates of C$0.03 by C$0.01. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%. The firm had revenue of C$56.61 million for the quarter, compared to the consensus estimate of C$55.48 million.

Sandstorm Gold Stock Performance

Shares of Sandstorm Gold stock opened at C$8.41 on Thursday. Sandstorm Gold has a one year low of C$5.36 and a one year high of C$8.98. The company has a market cap of C$2.50 billion, a price-to-earnings ratio of 60.21, a PEG ratio of 0.90 and a beta of 1.11. The company has a debt-to-equity ratio of 26.63, a quick ratio of 1.17 and a current ratio of 1.99. The business's 50 day moving average price is C$8.03 and its 200 day moving average price is C$7.76.

Sandstorm Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 25th were paid a dividend of $0.02 per share. The ex-dividend date was Tuesday, October 15th. This represents a $0.08 annualized dividend and a yield of 0.95%. Sandstorm Gold's dividend payout ratio (DPR) is 57.14%.

Analyst Ratings Changes

Several equities research analysts have issued reports on SSL shares. TD Securities raised their target price on Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th. Stifel Nicolaus boosted their price objective on Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st. Canaccord Genuity Group boosted their price objective on Sandstorm Gold from C$10.50 to C$11.00 in a report on Tuesday, July 23rd. Finally, CIBC boosted their price objective on Sandstorm Gold from C$9.00 to C$9.50 in a report on Wednesday, July 10th.

View Our Latest Report on SSL

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.

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