Sandstorm Gold Ltd. (TSE:SSL) declared a quarterly dividend on Wednesday, December 15th, Zacks reports. Shareholders of record on Tuesday, January 18th will be given a dividend of 0.02 per share on Friday, January 28th. This represents a $0.08 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Monday, January 17th.
Shares of TSE SSL opened at C$7.73 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 8.81 and a current ratio of 9.69. The firm has a market cap of C$1.48 billion and a price-to-earnings ratio of 41.12. Sandstorm Gold has a 1 year low of C$6.86 and a 1 year high of C$11.34. The stock’s 50-day simple moving average is C$7.84 and its 200-day simple moving average is C$8.35.
Sandstorm Gold (TSE:SSL) last issued its earnings results on Wednesday, November 3rd. The company reported C$0.04 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.01). The business had revenue of C$34.75 million during the quarter. As a group, research analysts predict that Sandstorm Gold will post 0.23 EPS for the current year.
In related news, Director Andrew Swarthout sold 50,000 shares of the company’s stock in a transaction dated Tuesday, January 11th. The stock was sold at an average price of C$7.65, for a total value of C$382,635.00. Following the completion of the sale, the director now directly owns 35,667 shares of the company’s stock, valued at approximately C$272,948.85. Also, Director David Awram sold 20,500 shares of the stock in a transaction that occurred on Tuesday, December 7th. The stock was sold at an average price of C$7.50, for a total value of C$153,832.00. Following the sale, the director now directly owns 592,940 shares of the company’s stock, valued at C$4,449,421.76. Over the last quarter, insiders have sold 93,500 shares of company stock valued at $715,269.
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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