Sandstorm Gold Ltd. (TSE:SSL) Director Buys C$199,376.00 in Stock

Sandstorm Gold Ltd. (TSE:SSL) Director Nolan Allan Watson acquired 27,200 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were bought at an average cost of C$7.33 per share, for a total transaction of C$199,376.00.

Nolan Allan Watson also recently made the following trade(s):

• On Tuesday, March 12th, Nolan Allan Watson bought 7,800 shares of Sandstorm Gold stock. The shares were bought at an average cost of C$6.39 per share, with a total value of C$49,826.40.

Sandstorm Gold Trading Up 2.9 %

SSL opened at C$7.46 on Thursday. The business’s 50-day simple moving average is C$6.49 and its 200-day simple moving average is C$6.46. The company has a market cap of C$2.22 billion, a P/E ratio of 39.26, a PEG ratio of 0.90 and a beta of 1.03. Sandstorm Gold Ltd. has a one year low of C$5.36 and a one year high of C$8.38. The company has a debt-to-equity ratio of 29.92, a quick ratio of 1.17 and a current ratio of 3.32.

Sandstorm Gold (TSE:SSL) last released its quarterly earnings data on Thursday, February 15th. The company reported C$0.11 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.08. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.95%. The company had revenue of C$60.59 million for the quarter, compared to analysts’ expectations of C$62.51 million. As a group, equities research analysts expect that Sandstorm Gold Ltd. will post 0.0946201 EPS for the current fiscal year.

Sandstorm Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 26th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.08 annualized dividend and a yield of 1.07%. Sandstorm Gold’s dividend payout ratio is presently 42.11%.

Analyst Ratings Changes

Several brokerages have recently issued reports on SSL. CIBC lifted their price objective on Sandstorm Gold from C$8.00 to C$9.00 in a research note on Monday. TD Securities decreased their price target on shares of Sandstorm Gold from C$8.00 to C$7.00 and set a “buy” rating for the company in a research note on Wednesday, February 14th.

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.