Sandstorm Gold FY2024 EPS Forecast Lowered by Raymond James

Sandstorm Gold Ltd. (TSE:SSL) – Analysts at Raymond James cut their FY2024 earnings per share (EPS) estimates for shares of Sandstorm Gold in a research note issued on Monday, December 23rd. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.10 for the year, down from their previous forecast of $0.11. The consensus estimate for Sandstorm Gold’s current full-year earnings is $0.23 per share. Raymond James also issued estimates for Sandstorm Gold’s Q3 2025 earnings at $0.06 EPS and Q4 2025 earnings at $0.06 EPS.

Sandstorm Gold (TSE:SSL) last issued its earnings results on Thursday, November 7th. The company reported C$0.03 EPS for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.02). The company had revenue of C$60.98 million for the quarter, compared to analysts’ expectations of C$61.69 million. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%.

Several other equities analysts have also commented on the stock. TD Securities increased their price objective on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research report on Friday, October 18th. Stifel Nicolaus raised their price target on shares of Sandstorm Gold from C$10.25 to C$11.00 in a report on Monday, October 21st. Finally, CIBC lifted their price objective on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th.

Sandstorm Gold Trading Up 0.6 %

TSE:SSL opened at C$7.80 on Wednesday. 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 firm has a 50-day simple moving average of C$8.13 and a 200-day simple moving average of C$7.86. Sandstorm Gold has a one year low of C$5.36 and a one year high of C$8.98. The firm has a market cap of C$2.32 billion, a P/E ratio of 55.71, a P/E/G ratio of 0.90 and a beta of 1.11.

Insider Transactions at Sandstorm Gold

In other Sandstorm Gold news, Director David Awram sold 50,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$8.06, for a total value of C$403,000.00. Insiders own 1.20% of the company’s stock.

Sandstorm Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Tuesday, October 15th. Sandstorm Gold’s dividend payout ratio (DPR) is 57.14%.

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.