What To Expect From Sandstorm Gold Ltd (TSX:SSL) Q3 2024 Earnings

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Nov 07, 2024
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Sandstorm Gold Ltd (TSX:SSL, Financial) is set to release its Q3 2024 earnings on Nov 8, 2024. The consensus estimate for Q3 2024 revenue is $62.39 million, and the earnings are expected to come in at $0.04 per share. The full year 2024's revenue is expected to be $251.2 million and the earnings are expected to be $0.13 per share. More detailed estimate data can be found on the Forecast page.

Sandstorm Gold Ltd (TSX:SSL, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Sandstorm Gold Ltd (TSX:SSL) for the full year 2024 have increased from $248.9 million to $251.2 million, and for 2025, they have increased from $270.87 million to $290.49 million. Earnings estimates for the full year 2024 have risen from $0.11 per share to $0.13 per share, and for 2025, from $0.22 per share to $0.29 per share.

Sandstorm Gold Ltd (TSX:SSL, Financial) Reported History

In the previous quarter of 2024-06-30, Sandstorm Gold Ltd's (TSX:SSL) actual revenue was $57.49 million, which beat analysts' revenue expectations of $56.969 million by 0.91%. Sandstorm Gold Ltd's (TSX:SSL) actual earnings were $0.04 per share, which beat analysts' earnings expectations of $0.028 per share by 50%. After releasing the results, Sandstorm Gold Ltd (TSX:SSL) was down by -1.64% in one day.

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Sandstorm Gold Ltd (TSX:SSL, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 8 analysts, the average target price for Sandstorm Gold Ltd (TSX:SSL) is $10.57 with a high estimate of $13.49 and a low estimate of $7.50. The average target implies an upside of 23.04% from the current price of $8.59.

Based on GuruFocus estimates, the estimated GF Value for Sandstorm Gold Ltd (TSX:SSL, Financial) in one year is $8.78, suggesting an upside of 2.21% from the current price of $8.59.

Based on the consensus recommendation from 8 brokerage firms, Sandstorm Gold Ltd's (TSX:SSL, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.