Sandstorm Gold (TSE:SSL - Get Free Report) had its target price hoisted by equities research analysts at Stifel Nicolaus from C$11.00 to C$13.00 in a report released on Monday,BayStreet.CA reports. Stifel Nicolaus' target price points to a potential upside of 10.92% from the company's previous close.
Several other analysts have also issued reports on the company. Raymond James dropped their price objective on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. Canaccord Genuity Group increased their price target on Sandstorm Gold from C$12.25 to C$12.75 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Finally, CIBC raised their price target on Sandstorm Gold from C$9.50 to C$11.25 in a report on Thursday, April 17th.
Check Out Our Latest Analysis on SSL
Sandstorm Gold Stock Performance
Shares of Sandstorm Gold stock traded down C$0.06 during trading on Monday, hitting C$11.72. 81,142 shares of the stock were exchanged, compared to its average volume of 500,093. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44. The company has a fifty day moving average price of C$10.01 and a 200-day moving average price of C$8.85. The stock has a market capitalization of C$2.46 billion, a price-to-earnings ratio of 77.99, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 1-year low of C$6.93 and a 1-year high of C$12.16.
Sandstorm Gold Company Profile
(
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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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