Sandstorm Gold Ltd. (TSE:SSL) Plans $0.02 Quarterly Dividend

Sandstorm Gold Ltd. (TSE:SSL) announced a quarterly dividend on Monday, April 14th, TickerTech Dividends reports. Stockholders of record on Friday, April 25th will be paid a dividend of 0.02 per share on Friday, April 25th. This represents a $0.08 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Monday, April 14th.

Sandstorm Gold Stock Up 3.5 %

Shares of TSE SSL opened at C$11.00 on Friday. The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44. The firm has a market cap of C$2.31 billion, a PE ratio of 73.19, a P/E/G ratio of 0.90 and a beta of 1.11. The company’s fifty day simple moving average is C$9.56 and its 200 day simple moving average is C$8.65. Sandstorm Gold has a 12-month low of C$6.93 and a 12-month high of C$11.10.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SSL. Raymond James cut their price objective on shares of Sandstorm Gold from C$8.50 to C$8.25 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Canaccord Genuity Group increased their price target on Sandstorm Gold from C$12.25 to C$12.75 and gave the stock a “buy” rating in a report on Wednesday. Finally, CIBC decreased their price objective on Sandstorm Gold from C$10.00 to C$9.50 and set a “neutral” rating for the company in a report on Thursday, February 20th.

About Sandstorm Gold

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.