Sandstorm Gold Ltd. (TSE:SSL) – Stock analysts at Raymond James dropped their Q2 2021 earnings per share (EPS) estimates for Sandstorm Gold in a research note issued on Monday, April 5th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.05. Raymond James also issued estimates for Sandstorm Gold’s FY2021 earnings at $0.19 EPS, Q1 2022 earnings at $0.05 EPS, Q2 2022 earnings at $0.05 EPS, Q3 2022 earnings at $0.05 EPS, Q4 2022 earnings at $0.05 EPS and FY2022 earnings at $0.20 EPS.

Sandstorm Gold (TSE:SSL) last posted its quarterly earnings data on Thursday, February 11th. The company reported C$0.07 earnings per share for the quarter, hitting the Zacks’ consensus estimate of C$0.07. The business had revenue of C$38.71 million during the quarter.

Other analysts have also recently issued research reports about the company. CIBC lowered their price objective on Sandstorm Gold from C$16.75 to C$13.50 in a research report on Monday, February 8th. Roth Capital restated a “buy” rating on shares of Sandstorm Gold in a research note on Wednesday, December 16th. Scotiabank raised their target price on Sandstorm Gold from C$10.00 to C$10.50 in a research note on Monday, January 11th. National Bank Financial reduced their target price on Sandstorm Gold from C$14.25 to C$13.50 and set an “outperform” rating for the company in a research note on Friday, February 12th. Finally, Canaccord Genuity reduced their target price on Sandstorm Gold from C$12.00 to C$11.50 in a research note on Tuesday, February 9th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of C$12.70.

Sandstorm Gold stock opened at C$9.28 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 36.22 and a quick ratio of 36.00. The stock has a market capitalization of C$1.81 billion and a price-to-earnings ratio of 132.57. Sandstorm Gold has a 1-year low of C$7.57 and a 1-year high of C$14.22. The business has a fifty day moving average price of C$8.41 and a 200-day moving average price of C$9.40.

Sandstorm Gold Company Profile

Sandstorm Gold Ltd. operates as a gold royalty company. It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines. The company offers upfront payments for companies to acquire a gold stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price.

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Earnings History and Estimates for Sandstorm Gold (TSE:SSL)

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