Sandstorm Gold (TSE:SSL - Get Free Report) had its target price raised by stock analysts at Canaccord Genuity Group from C$12.25 to C$12.75 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Canaccord Genuity Group's price target indicates a potential upside of 13.54% from the company's current price.
Other equities analysts have also recently issued research reports about the stock. CIBC decreased their target price on shares of Sandstorm Gold from C$10.00 to C$9.50 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Raymond James decreased their price objective on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating on the stock in a report on Thursday, February 20th.
Check Out Our Latest Research Report on SSL
Sandstorm Gold Price Performance
TSE SSL traded up C$0.25 during trading on Wednesday, reaching C$11.23. The company's stock had a trading volume of 865,183 shares, compared to its average volume of 483,390. The firm has a fifty day moving average of C$9.56 and a 200 day moving average of C$8.65. Sandstorm Gold has a one year low of C$6.93 and a one year high of C$11.31. The stock has a market capitalization of C$2.35 billion, a PE ratio of 74.72, a P/E/G ratio of 0.90 and a beta of 1.11. The company has a debt-to-equity ratio of 26.44, a current ratio of 2.29 and a quick ratio of 1.17.
Sandstorm Gold Company Profile
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Get Free Report)
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.
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