Sandstorm Gold Ltd. (TSE:SSL) Director Purchases C$199,376.00 in Stock

Sandstorm Gold Ltd. (TSE:SSL) Director Nolan Allan Watson bought 27,200 shares of the business’s stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of C$7.33 per share, with a total value of C$199,376.00.

Nolan Allan Watson also recently made the following trade(s):

• On Tuesday, March 12th, Nolan Allan Watson bought 7,800 shares of Sandstorm Gold stock. The stock was purchased at an average cost of C$6.39 per share, with a total value of C$49,826.40.

Sandstorm Gold Price Performance

Shares of Sandstorm Gold stock opened at C$7.46 on Friday. The company has a market cap of C$2.22 billion, a PE ratio of 39.26, a P/E/G ratio of 0.90 and a beta of 1.03. The business has a 50 day moving average of C$6.52 and a 200 day moving average of C$6.47. Sandstorm Gold Ltd. has a 52 week low of C$5.36 and a 52 week high of C$8.38. The company has a quick ratio of 1.17, a current ratio of 3.32 and a debt-to-equity ratio of 29.92.

Sandstorm Gold (TSE:SSL) last issued its quarterly earnings results on Thursday, February 15th. The company reported C$0.11 earnings per share for the quarter, topping the consensus estimate of C$0.03 by C$0.08. The company had revenue of C$60.59 million for the quarter, compared to analysts’ expectations of C$62.51 million. Sandstorm Gold had a return on equity of 2.95% and a net margin of 23.22%. As a group, equities research analysts forecast that Sandstorm Gold Ltd. will post 0.0946201 earnings per share for the current year.

Sandstorm Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 26th will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Monday, April 15th. Sandstorm Gold’s dividend payout ratio is 42.11%.

Analyst Ratings Changes

Several analysts have issued reports on the company. TD Securities cut their target price on Sandstorm Gold from C$8.00 to C$7.00 and set a “buy” rating for the company in a research note on Wednesday, February 14th. CIBC boosted their price objective on Sandstorm Gold from C$8.00 to C$9.00 in a research report on Monday.

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.