Sandstorm Gold (TSE:SSL – Free Report) had its price objective increased by TD Securities from C$10.00 to C$11.00 in a research report report published on Friday, BayStreet.CA reports.
SSL has been the subject of a number of other reports. Canaccord Genuity Group boosted their price objective on shares of Sandstorm Gold from C$10.50 to C$11.00 in a report on Tuesday, July 23rd. CIBC upped their price objective on shares of Sandstorm Gold from C$9.00 to C$9.50 in a report on Wednesday, July 10th.
Get Our Latest Analysis on SSL
Sandstorm Gold Stock Up 2.3 %
Sandstorm Gold (TSE:SSL – Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported C$0.04 earnings per share for the quarter, topping the consensus estimate of C$0.03 by C$0.01. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%. The firm had revenue of C$56.61 million during the quarter, compared to the consensus estimate of C$55.48 million. On average, equities research analysts predict that Sandstorm Gold will post 0.230835 earnings per share for the current fiscal year.
Sandstorm Gold Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Friday, October 25th will be issued a $0.02 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.08 dividend on an annualized basis and a yield of 0.96%. Sandstorm Gold’s dividend payout ratio is presently 57.14%.
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.
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