Sandstorm Gold Ltd [SAND] stock is trading at $4.97, down -0.60%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SAND shares have gain 2.90% over the last week, with a monthly amount glided 20.92%, and seem to be holding up well over a long-time horizon.
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On 18, March 2024, Sandstorm Gold Royalties Provides Asset Update. In a post published today on Yahoo Finance, Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE: SAND) (TSX: SSL) is pleased to provide updates on various developments from the Company’s diversified royalty portfolio.
From an analyst’s perspective:
Sandstorm Gold Ltd [NYSE: SAND] stock has seen the most recent analyst activity on March 02, 2023, when RBC Capital Mkts upgraded its rating to a Outperform but kept the price target unchanged to $6.50 for it. On August 17, 2022, upgrade upgraded it’s rating to Outperform and revised its price target to $9 on the stock. RBC Capital Mkts upgraded its rating to a Sector Perform and raised its price target to $7 on February 18, 2022. RBC Capital Mkts downgraded its rating to Underperform for this stock on June 28, 2021, and downed its price target to $7. In a note dated May 20, 2021, Canaccord Genuity downgraded an Hold rating on this stock.
Sandstorm Gold Ltd [SAND] stock has fluctuated between $3.96 and $6.31 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Sandstorm Gold Ltd [NYSE: SAND] shares were valued at $4.97 at the most recent close of the market. An investor can expect a potential return of 121.33% based on the average SAND price forecast.
Analyzing the SAND fundamentals
Sandstorm Gold Ltd [NYSE:SAND] reported sales of 179.64M for the trailing twelve months, which represents a growth of 15.74%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.93 points at the first support level, and at 4.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.06, and for the 2nd resistance point, it is at 5.14.
Sandstorm Gold Ltd [SAND] reported earnings per share of $0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of $0.06 and a surprise factor of 300.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0 per share as compared to estimates of $0.01 per share, a difference of $-0.01 representing a surprise of -100.00%.
Ratios To Look Out For
For context, Sandstorm Gold Ltd’s Current Ratio is 3.32. Also, the Quick Ratio is 3.32, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 8.24, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 36.01.
