Sandstorm Gold (TSE:SSL - Get Free Report) had its price target raised by stock analysts at Canaccord Genuity Group from C$15.75 to C$17.00 in a report issued on Tuesday,BayStreet.CA reports. Canaccord Genuity Group's target price would suggest a potential upside of 33.86% from the stock's current price.
Several other research firms have also issued reports on SSL. Stifel Nicolaus raised their price target on Sandstorm Gold from C$11.00 to C$13.00 in a research report on Monday, April 21st. Raymond James decreased their target price on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Finally, CIBC increased their price target on shares of Sandstorm Gold from C$9.50 to C$11.25 in a research report on Thursday, April 17th.
Check Out Our Latest Analysis on Sandstorm Gold
Sandstorm Gold Trading Up 1.0%
SSL traded up C$0.13 during mid-day trading on Tuesday, reaching C$12.70. The stock had a trading volume of 1,029,682 shares, compared to its average volume of 522,687. The stock has a market capitalization of C$2.66 billion, a P/E ratio of 84.51, a P/E/G ratio of 0.90 and a beta of 1.11. Sandstorm Gold has a 52 week low of C$6.93 and a 52 week high of C$13.19. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29. The firm's fifty day simple moving average is C$11.75 and its two-hundred day simple moving average is C$9.78.
Sandstorm Gold Company Profile
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Sandstorm Gold Ltd provides financing to companies engaged in gold mining through gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.
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