Sandstorm Gold Ltd. (SSL) To Go Ex-Dividend on January 21st

Sandstorm Gold Ltd. (TSE:SSL) announced a quarterly dividend on Tuesday, January 21st,TickerTech Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Tuesday, January 21st.

Sandstorm Gold Trading Up 1.2 %

Shares of SSL stock opened at C$8.27 on Friday. The company has a market capitalization of C$2.46 billion, a P/E ratio of 59.07, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The company has a current ratio of 1.99, a quick ratio of 1.17 and a debt-to-equity ratio of 26.63. The business’s 50 day moving average is C$8.01 and its two-hundred day moving average is C$7.94. Sandstorm Gold has a twelve month low of C$5.36 and a twelve month high of C$8.98.

Sandstorm Gold (TSE:SSL) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.03 earnings per share 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 analysts’ expectations of C$61.69 million. Sandstorm Gold had a net margin of 17.55% and a return on equity of 2.15%. Equities analysts forecast that Sandstorm Gold will post 0.230835 EPS for the current year.

Insider Transactions at Sandstorm Gold

In related news, Director David Awram sold 50,000 shares of the company’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 transaction of C$403,000.00. Insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

SSL has been the subject of a number of analyst reports. CIBC increased their target price on Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, November 8th. TD Securities raised their target price on Sandstorm Gold from C$10.00 to C$11.00 in a report on Friday, October 18th. Finally, Stifel Nicolaus upped their price target on shares of Sandstorm Gold from C$10.25 to C$11.00 in a research note on Monday, October 21st.

About Sandstorm Gold

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.