Are You Looking To Buy Sandstorm Gold Ltd. (SAND)? First, Read This

Sandstorm Gold Ltd. (NYSE:SAND) finished Wednesday with an addition of $0.29 to close at $6.46, an upside of 4.70 percent. An average of 1,804,600 shares of common stock have been traded in the last five days. There was a gain of $0.53 in the past week. The last 20 days have seen an average of 1,776,720 shares traded, while the 50-day average volume stands at 1,548,510.

SAND stock has decreased by -1.52% in the last month. The company shares reached their 1-month lowest point of $5.45 on 10/05/21. With the stock rallying to its 52-week high on 06/16/21, shares of the company touched a low of $5.45 and a high of $9.31 in 52 weeks. In spite of this, the price is down -30.61% from the 52-week high.


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Valuation Metrics

Sandstorm Gold Ltd. (SAND) has a trailing price-to-earnings (P/E) ratio of 43.07, which compares with the 20.90 for the broader industry and 13.61 for the sector. In the last five years, Sandstorm Gold Ltd.’s PE ratio has ranged between 939.00 and 21.67. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.38, the price-to-book (PB) ratio at 2.02.

On the profitability front, the trailing 12-month gross margin 5-year average of 30.4%. Sandstorm Gold Ltd.’s EBITDA margin for the year ending June 29 is 70.52%. Its gross profit as reported stood at $45.85 million compared to revenue of $93.03 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. Sandstorm Gold Ltd.’s return on assets was 0.2% over the last five years. For the broader industry, ROE averaged -13.62 over the past year.

Earnings Surprise

The analyst consensus anticipated Sandstorm Gold Ltd.’s latest quarter earnings to come in at $0.05 per share, but it turned out to be $0.02, a -60.00% surprise. For the quarter, EBITDA amounted to $16.41 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Sandstorm Gold Ltd. (SAND) price momentum. RSI 9-day as of the close on 13 October was 68.37%, suggesting the stock is Neutral, with historical volatility in this time frame at 37.54%.

As of today, SAND’s price is $6.13 +8.94% or $0.53 from its 5-day moving average. SAND is currently trading -2.42% lower than its 20-day SMA and -23.10% lower than its 100-day SMA. However, the stock’s current price level is -17.81% below the SMA50 and -9.65% below the SMA200.

The stochastic %K and %D were 81.55% and 75.79%, respectively, and the average true range (ATR) was 0.24. With the 14-day stochastic at 90.18% and the average true range at 0.23, the RSI (14) stands at 59.78%. The stock has reached 0.23 on the 9-day MACD Oscillator while the 14-day reading was at 0.28.

Analyst Ratings

RBC Capital Mkts downgraded Sandstorm Gold Ltd. (NYSE: SAND) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as a a Sector perform.The consensus rating for Sandstorm Gold Ltd. (SAND) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SAND, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.

What is SAND’s price target for the next 12 months?

Analysts predict a range of price targets between $7.00 and $11.93, with a median target of $10.00. Taking a look at these predictions, the average price target given by analysts for Sandstorm Gold Ltd. (SAND) stock is $9.92.

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