Sandstorm Gold (SAND) to Release Quarterly Earnings on Tuesday

Sandstorm Gold (NYSE:SAND) is anticipated to release its earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $67.95 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Sandstorm Gold Stock Up 3.1 %

Shares of SAND opened at $6.48 on Tuesday. The firm has a market cap of $1.92 billion, a P/E ratio of 53.96 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.29 and a current ratio of 2.29. Sandstorm Gold has a 52 week low of $3.96 and a 52 week high of $6.53. The firm’s 50-day simple moving average is $5.72 and its 200 day simple moving average is $5.76.

Sandstorm Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st were given a $0.02 dividend. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, January 21st. This represents a $0.08 annualized dividend and a dividend yield of 1.24%. Sandstorm Gold’s dividend payout ratio is presently 50.00%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SAND. StockNews.com raised Sandstorm Gold from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. HC Wainwright lifted their target price on Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

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.