The stock of Sandstorm Gold Ltd. (NYSE:SAND) decreased by -$0.1 on Tuesday to finish at $5.06, down -1.94 percent. The last five days have seen an average of 1,771,560 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$0.20. The average number of shares traded over the last 20 days was 1,509,745, while the average volume over the last 50 days totaled 1,438,248.
SAND stock dropped -0.78% since last month. On 09/19/23, the company’s shares reached a one-month low of $5.05. The stock touched a high of $6.39 on 04/13/23, after rallying from a low of $4.51 in 52 weeks. The price of SAND stock has declined by -3.80% or -$0.20 this year, reaching a new high 14 times. Still, the stock price is down -20.75% 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 36.14. Beta for the stock is 0.98.
Company paid $0.0150 per share in dividends, remained unchanged from $0.0150 last year. A $0.0003 dividend increase was reported on Friday March 31 2023.
Financial Health
Based on annual data, it had gross profit of $65.59 million and revenue of $148.73 million.
Earnings Surprise
According to Sandstorm Gold Ltd.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $89.43 million, while revenues rose by 18.2% to $0.0. It was predicted that Sandstorm Gold Ltd.’s quarterly earnings would be $0.01, but it ended up being $0.02. EBITDA was $28.93 million for the quarter. At the end of Sandstorm Gold Ltd.’s most recent quarter ended June 29, its liabilities totaled 500.74 million, while its total debt was $468.78 million.
Technical Picture
Here’s a quick look at Sandstorm Gold Ltd.’s (SAND) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 31.96%, suggesting the stock is Neutral, with a 12.58% historical volatility rate.
The stochastic %K and %D were 15.21% and 20.52% respectively, while the average true range (ATR) was 0.12. Based on the 14-day stochastic reading of 1.83%, the RSI (14) reading is 38.17%. On the 9-day MACD Oscillator, the stock is at -0.02, and the 14-day reading is at -0.09.
Analyst Ratings
In its most recent analyst report, RBC Capital Mkts raised its rating on Sandstorm Gold Ltd. (NYSE: SAND) to an Outperform. Prior to this, analysts firm rated the stock as a Sector perform. Analysts have assigned Sandstorm Gold Ltd. (SAND) an Buy rating. SAND is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 8 others recommend it as a buy.
What is SAND’s price target for the next 12 months?
The current consensus forecast for the stock is between $6.50 and $9.73, with a median target price of $7.86. In analyzing these forecasts, the average price target given by analysts for Sandstorm Gold Ltd. (SAND) is $7.87.
