A share price of Sandstorm Gold Ltd [SAND] is currently trading at $5.70, down -0.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SAND shares have gain 4.01% over the last week, with a monthly amount drifted -1.04%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $3.96 and $6.50. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Sandstorm Gold Ltd [NYSE: SAND] shares were valued at $5.70 at the most recent close of the market. An investor can expect a potential return of 31.58% based on the average SAND price forecast.
Analyzing the SAND fundamentals
Trailing Twelve Months sales for Sandstorm Gold Ltd [NYSE:SAND] were 173.38M which represents 8.16% growth. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.46%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 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 0.26.
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 5.66 points at the first support level, and at 5.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.74, and for the 2nd resistance point, it is at 5.77.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sandstorm Gold Ltd [NYSE:SAND] is 2.29. In addition, the Quick Ratio stands at 2.29 and the Cash Ratio stands at 0.3. Considering the valuation of this stock, the price to sales ratio is 9.76, the price to book ratio is 1.18 and price to earnings (TTM) ratio is 48.55.
Transactions by insiders
Recent insider trading involved Orion Mine Finance Fund III LP, Stockholder (1), that happened on Oct 28 ’24 when 0.68 million shares were purchased. Stockholder (1), Orion Mine Finance Fund II LP completed a deal on Oct 28 ’24 to buy 3.22 million shares. Meanwhile, Stockholder (1) Orion Mine Finance Fund III LP bought 1.73 million shares on Oct 18 ’24.
