National Bank Financial Weighs in on Sandstorm Gold Ltd’s FY2018 Earnings (SSL)

Sandstorm Gold Ltd (TSE:SSL) – Research analysts at National Bank Financial increased their FY2018 earnings estimates for shares of Sandstorm Gold in a note issued to investors on Wednesday. National Bank Financial analyst S. Nagle now expects that the company will earn $0.18 per share for the year, up from their prior estimate of $0.17.

SSL has been the topic of a number of other research reports. CIBC increased their price objective on Sandstorm Gold from C$5.75 to C$6.25 in a research note on Wednesday, December 20th. Canaccord Genuity lifted their target price on Sandstorm Gold from C$10.25 to C$10.50 in a research report on Friday, January 19th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of C$7.58.

Shares of Sandstorm Gold (TSE:SSL) traded down C$0.12 on Friday, reaching C$6.23. The company had a trading volume of 206,370 shares, compared to its average volume of 469,829. The firm has a market capitalization of $1,160.00, a P/E ratio of 89.14 and a beta of -0.93. Sandstorm Gold has a 52-week low of C$4.37 and a 52-week high of C$6.95.

Sandstorm Gold (TSE:SSL) last announced its quarterly earnings results on Wednesday, November 1st. The company reported C$0.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.02 by C$0.01. Sandstorm Gold had a return on equity of 3.20% and a net margin of 26.61%.

In other Sandstorm Gold news, Director David Awram bought 23,000 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were purchased at an average price of C$5.49 per share, with a total value of C$126,270.00. Also, Director Andrew Swarthout sold 9,000 shares of Sandstorm Gold stock in a transaction on Friday, January 12th. The shares were sold at an average price of C$5.19, for a total value of C$46,710.00.

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Sandstorm Gold Company Profile

Sandstorm Gold Ltd is a Canada-based company engaged in providing financing to mining companies. The Company focuses on acquiring gold and other metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company operates in the segments of Bachelor Lake, Black Fox, Chapada Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.

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