The stock of Sandstorm Gold Ltd (NYSE:SAND) last traded at $5.90, down -2.64% from the previous session.
SAND stock price is now 9.57% away from the 50-day moving average and 19.36% away from the 200-day moving average. The market capitalization of the company currently stands at $1.76B.
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With the price target maintained at $6.50, RBC Capital Mkts recently Upgraded its rating from Sector Perform to Outperform for Sandstorm Gold Ltd (NYSE: SAND). , while ‘National Bank Financial’ rates the stock as ‘Outperform’
A total of 17.35% of the company’s stock is owned by insiders.
During the past 12 months, Sandstorm Gold Ltd has had a low of $3.96 and a high of $6.07. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 2.26, and a quick ratio of 2.26. The fifty day moving average price for SAND is $5.3848 and a two-hundred day moving average price translates $4.943 for the stock.
The latest earnings results from Sandstorm Gold Ltd (NYSE: SAND) was released for 2024-03-31. According to the Gold Company, earnings per share came in at 0.01, missing analysts’ expectations of 0.02 by -0.01. This compares to $0.05 EPS in the same period last year. The net profit margin was 12.24% and return on equity was 1.53% for SAND. The company reported revenue of $42.81 million for the quarter, compared to $43.98 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.66 percent.
Sandstorm Gold Ltd(SAND) Company Profile
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. The company has a portfolio of 243 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D’Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
