At the time of writing, Sandstorm Gold Ltd [SAND] stock is trading at $5.25, down -2.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The SAND shares have lost -1.50% over the last week, with a monthly amount glided 7.36%, and seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Sandstorm Gold Ltd fluctuated between $3.96 and $6.31. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Sandstorm Gold Ltd [NYSE: SAND] shares were valued at $5.25 at the most recent close of the market. An investor can expect a potential return of 109.52% based on the average SAND price forecast.
Analyzing the SAND fundamentals
According to Sandstorm Gold Ltd [NYSE:SAND], the company’s sales were 178.46M for trailing twelve months, which represents an -2.68% plunge. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
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 5.18 points at the first support level, and at 5.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.37, and for the 2nd resistance point, it is at 5.50.
Ratios To Look Out For
It is important to note that Sandstorm Gold Ltd [NYSE:SAND] has a current ratio of 3.32. On the other hand, the Quick Ratio is 3.32, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 8.76, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 38.04.
