Sandstorm Gold Ltd. (SSL) to Issue Quarterly Dividend of $0.02 on January 31st

Sandstorm Gold Ltd. (TSE:SSL) declared a quarterly dividend on Tuesday, January 21st,TickerTech Dividends reports. Investors of record on Friday, January 31st will be paid a dividend of 0.02 per share on Friday, January 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, January 21st.

Sandstorm Gold Stock Up 1.2 %

Shares of SSL stock opened at C$8.27 on Friday. The stock has a market cap of C$2.46 billion, a P/E ratio of 59.07, a PEG ratio of 0.90 and a beta of 1.11. The company’s fifty day simple moving average is C$8.01 and its two-hundred day simple moving average is C$7.94. The company has a quick ratio of 1.17, a current ratio of 1.99 and a debt-to-equity ratio of 26.63. Sandstorm Gold has a 52 week low of C$5.36 and a 52 week high of C$8.98.

Sandstorm Gold (TSE:SSL) last released its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.02). The firm had revenue of C$60.98 million during the quarter, compared to the consensus estimate of C$61.69 million. Sandstorm Gold had a return on equity of 2.15% and a net margin of 17.55%. Analysts predict that Sandstorm Gold will post 0.230835 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. CIBC boosted their target price on Sandstorm Gold from C$9.50 to C$10.00 in a research report on Friday, November 8th. Stifel Nicolaus increased their target price on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st. Finally, TD Securities lifted their price target on shares of Sandstorm Gold from C$10.00 to C$11.00 in a research note on Friday, October 18th.

Insider Activity

In related news, Director David Awram sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$8.06, for a total value of C$403,000.00. Insiders own 1.20% of the company’s stock.

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.