Sandstorm Gold Ltd [NYSE: SAND] gained 2.23% on the last trading session, reaching $5.49 price per share at the time.
If compared to the average trading volume of 3.01M shares, SAND reached a trading volume of 3631793 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Sandstorm Gold Ltd [SAND]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SAND shares is $8.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SAND stock is a recommendation set at 1.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Sandstorm Gold Ltd shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 02, 2023. While these analysts kept the previous recommendation, BMO Capital Markets dropped their target price from $9 to $8. The new note on the price target was released on October 05, 2022, representing the official price target for Sandstorm Gold Ltd stock. Previously, the target price had yet another drop from $9.50 to $9, while BMO Capital Markets kept a Outperform rating on SAND stock.
The Average True Range (ATR) for Sandstorm Gold Ltd is set at 0.22, with the Price to Sales ratio for SAND stock in the period of the last 12 months amounting to 13.22. The Price to Book ratio for the last quarter was 1.14, with the Price to Cash per share for the same quarter was set at 0.04. Price to Free Cash Flow for SAND in the course of the last twelve months was 26.82 with Quick ratio for the last quarter at 2.29.
Trading performance analysis for SAND stock
Sandstorm Gold Ltd [SAND] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.27. With this latest performance, SAND shares dropped by -6.47% in over the last four-week period, additionally sinking by -3.51% over the last 6 months – not to mention a rise of 17.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SAND stock in for the last two-week period is set at 37.55, with the RSI for the last a single of trading hit 34.05, and the three-weeks RSI is set at 40.64 for Sandstorm Gold Ltd [SAND]. The present Moving Average for the last 50 days of trading for this stock 5.98, while it was recorded at 5.50 for the last single week of trading, and 5.46 for the last 200 days.
Sandstorm Gold Ltd [SAND]: A deeper dive into fundamental analysis
Sandstorm Gold Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.29 and a Current Ratio set at 2.29.
Sandstorm Gold Ltd [SAND]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Sandstorm Gold Ltd posted -0.04/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.06. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SAND.
An analysis of Institutional ownership at Sandstorm Gold Ltd [SAND]
There are presently around $55.54%, or 56.22%% of SAND stock, in the hands of institutional investors. The top three institutional holders of SAND stocks are: ORION RESOURCE PARTNERS LP with ownership of 47.97 million shares, which is approximately 16.1077%. VAN ECK ASSOCIATES CORP, holding 26.63 million shares of the stock with an approximate value of $$144.85 million in SAND stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$122.35 million in SAND stock with ownership which is approximately 7.5521%.
