Street Calls of the Week
Sandstorm Gold Ltd (SAND) stock reached a new 52-week high, hitting 12.91 USD, with a robust market capitalization of $3.79 billion. According to InvestingPro analysis, the stock appears overvalued at current levels. This milestone reflects a robust performance over the past year, with the stock experiencing a remarkable 118.03% increase. The company maintains impressive gross profit margins of 84.3% and has demonstrated solid revenue growth of ~14% over the last twelve months. The surge in Sandstorm Gold’s stock price underscores investor confidence and the company’s strong market position, supported by a healthy current ratio of 2.4. As the stock reaches this new peak, it highlights the positive momentum and growth trajectory that Sandstorm Gold has maintained in the competitive gold mining sector. InvestingPro subscribers can access 15 additional exclusive tips and comprehensive analysis in the Pro Research Report.
In other recent news, Sandstorm Gold Ltd. shareholders have overwhelmingly approved the company’s plan of arrangement with Royal Gold, Inc. The transaction, which will see Royal Gold indirectly acquire all issued and outstanding Sandstorm shares, received 98.68% approval from all shareholders and 98.66% from minority shareholders, meeting Canadian regulatory requirements. This follows recommendations from proxy advisory firms, including Institutional Shareholder Services, urging shareholders to support the proposed arrangement. Under the terms of the deal, Sandstorm shareholders will receive 0.0625 shares of Royal Gold common stock for each Sandstorm share held. Additionally, Sandstorm Gold Ltd. has declared a quarterly cash dividend of C$0.02 per common share for the third quarter of 2025. The dividend is set to be paid on October 7, 2025, to shareholders of record as of September 26, 2025. The company confirmed that this dividend qualifies as an "eligible dividend" under Canadian tax laws.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.