Sandstorm Gold (SAND) to Release Earnings on Thursday

Sandstorm Gold (NYSE:SAND) is set to release its earnings data after the market closes on Thursday, May 2nd. Analysts expect Sandstorm Gold to post earnings of $0.01 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Sandstorm Gold (NYSE:SAND) last released its earnings results on Thursday, February 15th. The company reported $0.08 earnings per share for the quarter, beating 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 Price Performance

NYSE SAND opened at $5.46 on Wednesday. The company has a market capitalization of $1.63 billion, a PE ratio of 39.00 and a beta of 1.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.32 and a current ratio of 3.32. The business’s fifty day moving average is $5.01 and its 200 day moving average is $4.83. Sandstorm Gold has a fifty-two week low of $3.96 and a fifty-two week high of $6.24.

Sandstorm Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th were issued a dividend of $0.0147 per share. The ex-dividend date of this dividend was Monday, April 15th. This represents a $0.06 dividend on an annualized basis and a yield of 1.08%. Sandstorm Gold’s dividend payout ratio is presently 21.43%.

Analyst Upgrades and Downgrades

Separately, Scotiabank decreased their price target on Sandstorm Gold from $6.50 to $6.25 and set a “sector perform” rating on the stock 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.