Shares of Sandstorm Gold Ltd. (NYSE:SAND – Get Rating) have earned a consensus score of “Reasonable Purchase” from the ten brokerages which can be masking the inventory, Marketbeat reviews. Two analysts have rated the inventory with a maintain score and 5 have issued a purchase score on the corporate. The common 1 yr value goal amongst analysts which have up to date their protection on the inventory within the final yr is $10.42.
SAND has been the topic of a number of current analyst reviews. HC Wainwright decreased their goal value on Sandstorm Gold from $13.25 to $12.50 and set a “purchase” score for the corporate in a analysis word on Wednesday, November ninth. BMO Capital Markets initiated protection on Sandstorm Gold in a analysis word on Wednesday, October fifth. They set an “outperform” score and a $8.00 goal value for the corporate. Nationwide Financial institution Monetary decreased their goal value on Sandstorm Gold from C$11.50 to C$10.50 in a analysis word on Thursday, October thirteenth. Stifel Nicolaus decreased their goal value on Sandstorm Gold from C$13.25 to C$12.50 in a analysis word on Thursday, November tenth. Lastly, StockNews.com upgraded Sandstorm Gold from a “promote” score to a “maintain” score in a analysis word on Friday.
Institutional Buying and selling of Sandstorm Gold
Giant traders have just lately purchased and offered shares of the corporate. Van ECK Associates Corp lifted its place in shares of Sandstorm Gold by 40.7% within the third quarter. Van ECK Associates Corp now owns 28,742,265 shares of the corporate’s inventory valued at $148,598,000 after buying a further 8,319,993 shares within the final quarter. Ontario Academics Pension Plan Board bought a brand new stake in shares of Sandstorm Gold within the third quarter valued at $34,885,000. Horizon Kinetics Asset Administration LLC lifted its place in shares of Sandstorm Gold by 0.7% within the third quarter. Horizon Kinetics Asset Administration LLC now owns 6,473,010 shares of the corporate’s inventory valued at $33,465,000 after buying a further 47,041 shares within the final quarter. Nice West Life Assurance Co. Can bought a brand new stake in shares of Sandstorm Gold within the third quarter valued at $32,134,000. Lastly, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its place in shares of Sandstorm Gold by 12.0% within the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 3,093,595 shares of the corporate’s inventory valued at $15,992,000 after buying a further 331,369 shares within the final quarter. Institutional traders and hedge funds personal 55.62% of the corporate’s inventory.
Sandstorm Gold Inventory Efficiency
NYSE SAND opened at $5.78 on Friday. The corporate has a market cap of $1.73 billion, a P/E ratio of 13.76 and a beta of 0.92. The corporate has a debt-to-equity ratio of 0.39, a present ratio of 1.24 and a fast ratio of 1.24. The inventory has a 50-day shifting common of $5.23 and a two-hundred day shifting common of $5.52. Sandstorm Gold has a 1-year low of $4.51 and a 1-year excessive of $9.18.
Sandstorm Gold (NYSE:SAND – Get Rating) final introduced its quarterly earnings information on Monday, November seventh. The corporate reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The enterprise had income of $38.95 million throughout the quarter, in comparison with analysts’ expectations of $39.00 million. Sandstorm Gold had a return on fairness of 5.09% and a web margin of 62.75%. As a bunch, analysts anticipate that Sandstorm Gold will put up 0.12 EPS for the present yr.
Sandstorm Gold Will increase Dividend
The corporate additionally just lately introduced a quarterly dividend, which will likely be paid on Friday, January twenty seventh. Shareholders of file on Tuesday, January seventeenth will likely be issued a $0.0147 dividend. This can be a optimistic change from Sandstorm Gold’s earlier quarterly dividend of $0.01. The ex-dividend date of this dividend is Friday, January thirteenth. This represents a $0.06 annualized dividend and a yield of 1.02%. Sandstorm Gold’s dividend payout ratio is 14.29%.
Sandstorm Gold Firm Profile
Sandstorm Gold Ltd. operates as a gold royalty firm. The corporate focuses on buying royalties and gold and different metals buy agreements (streams) from corporations which have superior stage improvement initiatives or working mines. It gives upfront funds for corporations to amass a stream or royalty and receives the correct to buy a proportion of a mine’s manufacturing for the lifetime of the mine at a hard and fast value per unit or at a hard and fast proportion of the spot value.
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