Sandstorm Gold (SAND) Set to Announce Earnings on Thursday

Sandstorm Gold (NYSE:SAND) will post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Sandstorm Gold to post earnings of $0.01 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Sandstorm Gold (NYSE:SAND) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.02 by $0.06. The company had revenue of $44.50 million for the quarter, compared to the consensus estimate of $46.30 million. Sandstorm Gold had a return on equity of 2.89% and a net margin of 23.22%. On average, analysts expect Sandstorm Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sandstorm Gold Trading Up 0.4 %

SAND opened at $5.66 on Tuesday. The stock’s fifty day moving average is $4.98 and its two-hundred day moving average is $4.82. The company has a market capitalization of $1.68 billion, a P/E ratio of 40.39 and a beta of 1.10. Sandstorm Gold has a 52 week low of $3.96 and a 52 week high of $6.24. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.30.

Sandstorm Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th were given a dividend of $0.0147 per share. The ex-dividend date of this dividend was Monday, April 15th. This represents a $0.06 annualized dividend and a yield of 1.04%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 21.43%.

Wall Street Analyst Weigh In

Separately, Scotiabank dropped their target price on Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating on the stock in a research report on Thursday, April 18th.

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.