In today’s recent session, 1.61 million shares of the Sandstorm Gold Ltd (NYSE:SAND) have been traded, and its beta is 0.46. Most recently the company’s share price was $9.15, and it changed around -$0.17 or -1.80% from the last close, which brings the market valuation of the company to $2.68B. SAND at last check was trading at a discount to its 52-week high of $9.68, offering almost -5.79% off that amount. The share price’s 52-week low was $4.92, which indicates that the recent value has risen by an impressive 46.23% since then.
Sandstorm Gold Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.45. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 8 rate it as Overweight. Among the rest, 1 recommended SAND as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Sandstorm Gold Ltd is expected to report earnings per share of 0.05 for the current quarter.
Sandstorm Gold Ltd (NYSE:SAND) trade information
Instantly SAND has been showing red trend so far today with a performance of -1.80% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.43 on recent trading dayincreased the stock’s daily price by 2.97%. The company’s shares are currently up 64.02% year-to-date, but still up 1.58% over the last five days. On the other hand, Sandstorm Gold Ltd (NYSE:SAND) is 11.61% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9.75, which translates to bulls needing to increase their stock price by 6.15% from its current value. Analyst projections state that SAND is forecast to be at a low of $9.75 and a high of $9.75.
Sandstorm Gold Ltd (SAND) estimates and forecasts
The year-over-year growth rate is expected to be 14.53%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 7.3M in revenue for the current quarter. 1 analysts expect Sandstorm Gold Ltd to make 7.86M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 57.29M and 62.01M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -87.25%. Forecasts for the next quarter put sales growth at -87.33%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.26%. Sandstorm Gold Ltd earnings are expected to increase by 272.88% in 2025, but the outlook is positive 75.83% per year for the next five years.
SAND Dividends
Sandstorm Gold Ltd’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 0.63 percent and its annual dividend per share was 0.06. It is important to note, however, that the 0.63% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VAN ECK ASSOCIATES CORP, with 8.9401% or 26.63 million shares worth $144.85 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
