Andrew Swarthout, director of Sandstorm Gold Ltd. (TSE: SSL), sells 50,000 shares

The director of Sandstorm Gold Ltd. (TSE:SSL) Andrew Swarthout sold 50,000 shares in a trade dated Tuesday, January 11. The shares were sold at an average price of CA$7.65, for a total value of CA$382,635.00. Following completion of the transaction, the administrator now directly owns 35,667 shares of the company, valued at approximately C$272,948.85.

Sandstorm Gold stock traded C$0.01 lower Friday at midday to C$7.73. 461,336 shares of the stock have been traded, compared to its average volume of 249,286. The stock’s 50-day moving average is C$7.84 and its 200-day moving average is 8.35 CAN$. Sandstorm Gold Ltd. has a 12-month low of C$6.86 and a 12-month high of C$11.34. The stock has a market capitalization of C$1.48 billion and a P/E ratio of 41.12. The company has a quick ratio of 8.81, a current ratio of 9.69 and a debt ratio of 0.43.

Sandstorm Gold (TSE:SSL) last announced its quarterly results on Wednesday, November 3. The company reported EPS of C$0.04 for the quarter, missing analyst consensus estimates of C$0.05 by C$0.01. The company recorded revenue of C$34.75 million during the quarter. On average, stock analysts predict that Sandstorm Gold Ltd. will show EPS of 0.23 for the current financial year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 28. Investors of record on Tuesday, January 18 will receive a dividend of $0.02 per share. This represents a dividend of $0.08 on an annualized basis and a yield of 1.03%. The ex-date of this dividend is Monday, January 17. Sandstorm Gold’s payout ratio is currently 42.55%.

Several equity analysts have recently weighed in on the stock. Cormark lowered its price target on Sandstorm Gold shares from C$13.00 to C$12.50 and set a “buy” rating on the stock in a Monday, Dec. 20 research note. TD Securities lowered its price target on Sandstorm Gold shares from C$12.50 to C$11.00 and set a “buy” rating on the stock in a research report on Friday, December 3 . National Bankshares cut its price target on Sandstorm Gold from C$10.75 to C$9.50 in a research note on Friday, January 7. Raymond James lowered his price target on Sandstorm Gold to C$11.50 and set a “market performance” rating for the company in a Thursday, Dec. 30 research report. Finally, Royal Bank of Canada set a price target of CA$7.00 on Sandstorm Gold and gave the stock an “underperform” rating in a Thursday, November 18 report. One analyst rated the stock with a sell rating, three gave the stock a hold rating and seven gave the stock a buy rating. According to data from MarketBeat.com, Sandstorm Gold currently has a consensus buy rating and an average target price of C$11.05.

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Sandstorm Gold Company Profile

Sandstorm Gold Ltd. operates as a gold royalty company. It focuses on acquiring gold and other metal and royalty purchase contracts from companies that have late-stage development projects or operating mines. The company offers upfront payments to companies to acquire a gold stream or royalty and receives the right to purchase a percentage of a mine’s production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price.

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