Sandstorm Gold (SAND) to Release Earnings on Thursday

Sandstorm Gold (NYSE:SANDGet Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, February 15th. Analysts expect Sandstorm Gold to post earnings of $0.02 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Sandstorm Gold Price Performance

Shares of NYSE:SAND opened at $4.46 on Tuesday. The business has a 50-day simple moving average of $4.80 and a two-hundred day simple moving average of $4.90. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 89.20 and a beta of 1.11. Sandstorm Gold has a fifty-two week low of $4.27 and a fifty-two week high of $6.31.

Sandstorm Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Tuesday, January 16th were issued a dividend of $0.0149 per share. This represents a $0.06 annualized dividend and a dividend yield of 1.34%. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, January 12th. Sandstorm Gold’s payout ratio is presently 120.00%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Raymond James decreased their target price on shares of Sandstorm Gold from $8.00 to $7.75 and set an “outperform” rating for the company in a research note on Wednesday, December 13th. StockNews.com upgraded Sandstorm Gold from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, HC Wainwright dropped their target price on Sandstorm Gold from $13.00 to $10.75 and set a “buy” rating on the stock in a research report on Tuesday, November 7th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $9.46.

Read Our Latest Report on SAND

Hedge Funds Weigh In On Sandstorm Gold

Several large investors have recently made changes to their positions in SAND. Guggenheim Capital LLC raised its stake in Sandstorm Gold by 0.9% during the 1st quarter. Guggenheim Capital LLC now owns 181,228 shares of the company’s stock valued at $1,464,000 after purchasing an additional 1,614 shares during the period. Profund Advisors LLC lifted its position in shares of Sandstorm Gold by 13.7% in the first quarter. Profund Advisors LLC now owns 19,270 shares of the company’s stock worth $112,000 after buying an additional 2,326 shares in the last quarter. Barclays PLC boosted its stake in Sandstorm Gold by 25.0% during the fourth quarter. Barclays PLC now owns 12,000 shares of the company’s stock valued at $63,000 after buying an additional 2,400 shares during the last quarter. Sei Investments Co. grew its holdings in Sandstorm Gold by 4.1% during the 3rd quarter. Sei Investments Co. now owns 65,681 shares of the company’s stock valued at $306,000 after buying an additional 2,574 shares in the last quarter. Finally, Creative Planning increased its stake in Sandstorm Gold by 13.9% in the 4th quarter. Creative Planning now owns 21,380 shares of the company’s stock worth $112,000 after acquiring an additional 2,615 shares during the last quarter. 53.88% of the stock is currently owned by hedge funds and other institutional investors.

Sandstorm Gold Company Profile

(Get Free Report)

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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Earnings History for Sandstorm Gold (NYSE:SAND)

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