Latest news with #SandstormGold
Associated Press
16-05-2025
- Business
- Associated Press
Sandstorm Gold Royalties Reports Favourable Voting Recommendations from ISS and Glass Lewis Regarding 2025 Shareholder Meeting
VANCOUVER, BC, May 16, 2025 /CNW/ - Sandstorm Gold Ltd. ('Sandstorm Gold Royalties', 'Sandstorm' or the 'Company') (NYSE: SAND) (TSX: SSL) today announced that, further to the Company's press release dated May 12, 2025, Institutional Shareholder Services Inc. ('ISS') has updated its voting recommendations regarding proposals relating to amendments to the Company's share-based compensation program to be voted on at the Company's upcoming Annual General and Special Meeting of Shareholders scheduled for May 30, 2025 (the 'Meeting'). ISS' updated report now recommends shareholders vote FOR all management proposals to be voted on at the Meeting, including those proposals ISS previously recommended voting against. As previously announced, Glass, Lewis & Co. LLC, a leading independent proxy advisor, has also recommended that the Company's shareholders vote FOR the management proposals relating to the Company's share-based compensation program as outlined in the Company's Management Information Circular dated April 9, 2025 (the 'Information Circular'). For further details, please refer to the Company's press release dated May 12, 2025. Shareholders can obtain copies of the Information Circular and other related Meeting materials from SEDAR+ at or by contacting Investor Relations at [email protected]. ABOUT SANDSTORM GOLD ROYALTIES Sandstorm is a precious metals-focused royalty company that provides upfront financing to mining companies and receives the right to a percentage of production from a mine, for the life of the mine. Sandstorm holds a portfolio of approximately 230 royalties, of which 40 of the underlying mines are producing. Sandstorm plans to grow and diversify its low-cost production profile through the acquisition of additional gold royalties. For more information visit: View original content to download multimedia: SOURCE Sandstorm Gold Ltd.
Yahoo
11-05-2025
- Business
- Yahoo
Sandstorm Gold First Quarter 2025 Earnings: Revenues Disappoint
Revenue: US$50.1m (up 17% from 1Q 2024). Net income: US$10.5m (up from US$4.20m loss in 1Q 2024). Profit margin: 21% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. EPS: US$0.036 (up from US$0.014 loss in 1Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) was mostly in line with analyst estimates. Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in Canada. Performance of the Canadian Metals and Mining industry. The company's shares are up 6.6% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Sandstorm Gold's balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
09-05-2025
- Business
- Yahoo
Analyst Estimates: Here's What Brokers Think Of Sandstorm Gold Ltd. (TSE:SSL) After Its First-Quarter Report
Investors in Sandstorm Gold Ltd. (TSE:SSL) had a good week, as its shares rose 2.5% to close at CA$11.90 following the release of its first-quarter results. Revenues came in 4.4% below expectations, at US$48m. Statutory earnings per share were relatively better off, with a per-share profit of US$0.038 being roughly in line with analyst estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. We check all companies for important risks. See what we found for Sandstorm Gold in our free report. Taking into account the latest results, the consensus forecast from Sandstorm Gold's six analysts is for revenues of US$203.6m in 2025. This reflects a decent 11% improvement in revenue compared to the last 12 months. Per-share earnings are expected to jump 122% to US$0.22. In the lead-up to this report, the analysts had been modelling revenues of US$195.6m and earnings per share (EPS) of US$0.19 in 2025. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a substantial gain in earnings per share in particular. View our latest analysis for Sandstorm Gold Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of CA$13.75, suggesting that the forecast performance does not have a long term impact on the company's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Sandstorm Gold at CA$16.50 per share, while the most bearish prices it at CA$9.50. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of Sandstorm Gold'shistorical trends, as the 15% annualised revenue growth to the end of 2025 is roughly in line with the 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 15% annually. So although Sandstorm Gold is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry. The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Sandstorm Gold's earnings potential next year. There was also an upgrade to revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. The consensus price target held steady at CA$13.75, with the latest estimates not enough to have an impact on their price targets. With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Sandstorm Gold going out to 2027, and you can see them free on our platform here. It might also be worth considering whether Sandstorm Gold's debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Insider
23-04-2025
- Business
- Business Insider
Sandstorm Gold (SAND) Receives a Buy from RBC Capital
RBC Capital analyst Josh Wolfson maintained a Buy rating on Sandstorm Gold (SAND – Research Report) on April 21 and set a price target of $7.00. The company's shares closed yesterday at $8.34. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. According to TipRanks, Wolfson is a 5-star analyst with an average return of 11.1% and a 67.21% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Wheaton Precious Metals, and Osisko Gold Royalties. In addition to RBC Capital, Sandstorm Gold also received a Buy from Canaccord Genuity's Carey MacRury in a report issued yesterday. However, on April 14, Scotiabank maintained a Hold rating on Sandstorm Gold (NYSE: SAND). Based on Sandstorm Gold's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $47.4 million and a net profit of $3.06 million. In comparison, last year the company earned a revenue of $44.5 million and had a net profit of $24.24 million
Yahoo
18-04-2025
- Business
- Yahoo
Institutional investors control 47% of Sandstorm Gold Ltd. (TSE:SSL) and were rewarded last week after stock increased 11%
Given the large stake in the stock by institutions, Sandstorm Gold's stock price might be vulnerable to their trading decisions A total of 25 investors have a majority stake in the company with 49% ownership Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business Our free stock report includes 2 warning signs investors should be aware of before investing in Sandstorm Gold. Read for free now. A look at the shareholders of Sandstorm Gold Ltd. (TSE:SSL) can tell us which group is most powerful. With 47% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Last week's 11% gain means that institutional investors were on the positive end of the spectrum even as the company has shown strong longer-term trends. The gains from last week would have further boosted the one-year return to shareholders which currently stand at 59%. Let's take a closer look to see what the different types of shareholders can tell us about Sandstorm Gold. View our latest analysis for Sandstorm Gold Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Sandstorm Gold does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Sandstorm Gold's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Sandstorm Gold. The company's largest shareholder is Orion Resource Partners (USA), L.P., with ownership of 9.9%. In comparison, the second and third largest shareholders hold about 8.2% and 8.0% of the stock. On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own some shares in Sandstorm Gold Ltd.. This is a big company, so it is good to see this level of alignment. Insiders own CA$43m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. The general public, who are usually individual investors, hold a 42% stake in Sandstorm Gold. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. With an ownership of 9.9%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 2 warning signs for Sandstorm Gold that you should be aware of before investing here. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
