Sandstorm Gold (SSL) Scheduled to Post Earnings on Thursday

Sandstorm Gold (TSE:SSL) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Sandstorm Gold to post earnings of C$0.05 per share for the quarter.

Sandstorm Gold Stock Up 0.8 %

TSE SSL opened at C$8.60 on Tuesday. The company has a quick ratio of 1.17, a current ratio of 1.99 and a debt-to-equity ratio of 26.63. The company has a fifty day moving average of C$8.11 and a two-hundred day moving average of C$7.79. The firm has a market capitalization of C$2.56 billion, a price-to-earnings ratio of 61.43, a PEG ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 52 week low of C$5.36 and a 52 week high of C$8.98.

Sandstorm Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Friday, October 25th were paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend was Tuesday, October 15th. Sandstorm Gold’s dividend payout ratio is currently 57.14%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Canaccord Genuity Group upped their price objective on shares of Sandstorm Gold from C$10.50 to C$11.00 in a research note on Tuesday, July 23rd. TD Securities increased their price target on shares of Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. Stifel Nicolaus upped their price objective on Sandstorm Gold from C$10.25 to C$11.00 in a research report on Monday, October 21st. Finally, CIBC increased their target price on Sandstorm Gold from C$9.00 to C$9.50 in a research report on Wednesday, July 10th.

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.