Sandstorm Gold Ltd to Post Q4 2017 Earnings of $0.01 Per Share, National Bank Financial Forecasts (SSL)
Sandstorm Gold Ltd (TSE:SSL) – Analysts at National Bank Financial cut their Q4 2017 earnings estimates for Sandstorm Gold in a research report issued to clients and investors on Thursday. National Bank Financial analyst S. Nagle now expects that the company will earn $0.01 per share for the quarter, down from their previous estimate of $0.03. National Bank Financial also issued estimates for Sandstorm Gold’s FY2019 earnings at $0.10 EPS.
Other analysts have also issued research reports about the company. Royal Bank Of Canada restated an “outperform” rating and set a C$7.50 price target on shares of Sandstorm Gold in a report on Monday, July 10th. CIBC downgraded Sandstorm Gold from an “outperform” rating to a “neutral” rating and cut their price objective for the company from C$6.00 to C$5.50 in a research report on Thursday, June 22nd. Finally, TD Securities reaffirmed a “buy” rating and issued a C$8.50 price objective on shares of Sandstorm Gold in a research report on Thursday, April 27th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of C$7.25.
Sandstorm Gold (SSL) opened at 5.15 on Monday. The company has a market cap of $782.77 million and a PE ratio of 44.02. The stock has a 50 day moving average of $5.05 and a 200 day moving average of $5.40. Sandstorm Gold has a one year low of $4.29 and a one year high of $8.73.
In other Sandstorm Gold news, Director Nolan Allan Watson acquired 20,000 shares of the business’s stock in a transaction on Friday, July 7th. The shares were bought at an average price of C$4.98 per share, with a total value of C$99,600.00.
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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