Sandstorm Gold (SAND) to Release Earnings on Thursday

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

Sandstorm Gold (NYSE:SAND) last announced its earnings results on Thursday, February 15th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.02 by $0.06. The business 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 Stock Performance

Sandstorm Gold stock opened at $5.38 on Thursday. The firm has a market capitalization of $1.60 billion, a PE ratio of 38.39 and a beta of 1.10. The stock’s 50 day moving average price is $4.89 and its 200 day moving average price is $4.80. Sandstorm Gold has a one year low of $3.96 and a one year high of $6.24. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.32 and a current ratio of 3.32.

Sandstorm Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.0147 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.06 dividend on an annualized basis and a yield of 1.09%. Sandstorm Gold’s dividend payout ratio (DPR) is 21.43%.

Wall Street Analyst Weigh In

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

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.