The shares of Sandstorm Gold Ltd (SAND) have recorded the market capitalization of 1.79B

Sandstorm Gold Ltd (NYSE:SAND) shares traded 2.38% higher at $6.02 on Wall Street last session.

SAND stock price is now 3.91% away from the 50-day moving average and 12.82% away from the 200-day moving average. The market capitalization of the company currently stands at $1.79B.

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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’

In other news, Orion Mine Finance Fund III LP, Stockholder (1) bought 1,733,823 shares of the company’s stock on Oct 18 ’24. The stock was bought for $14,061,305 at an average price of $8.11. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 18 ’24, 10% Owner Orion Mine Finance Fund II LP bought 8,266,177 shares of the business’s stock. A total of $67,038,695 was incurred on buying the stock at an average price of $8.11. A total of 16.46% 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 $6.38. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 1.99, and a quick ratio of 1.99. The fifty day moving average price for SAND is $5.7934 and a two-hundred day moving average price translates $5.33605 for the stock.

The latest earnings results from Sandstorm Gold Ltd (NYSE: SAND) was released for 2024-06-30. The net profit margin was 17.55% and return on equity was 2.10% for SAND. The company reported revenue of $41.37 million for the quarter, compared to $49.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.98 percent.

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