Sandstorm Gold (TSE:SSL - Get Free Report) was downgraded by TD Securities from a "strong-buy" rating to a "strong sell" rating in a research report issued on Thursday, Marketbeat.com reports. They presently have a C$14.00 target price on the stock. TD Securities' price target would suggest a potential upside of 4.32% from the stock's previous close.
Several other equities analysts have also recently weighed in on SSL. Stifel Nicolaus raised their price target on shares of Sandstorm Gold from C$11.00 to C$13.00 in a research report on Monday, April 21st. CIBC increased their price objective on Sandstorm Gold from C$9.50 to C$11.25 in a research note on Thursday, April 17th. Finally, Canaccord Genuity Group lifted their target price on Sandstorm Gold from C$15.75 to C$17.00 in a research report on Tuesday, June 10th.
Get Our Latest Research Report on Sandstorm Gold
Sandstorm Gold Stock Down 0.7%
Sandstorm Gold stock opened at C$13.42 on Thursday. The firm has a market capitalization of C$2.81 billion, a price-to-earnings ratio of 89.30, a price-to-earnings-growth ratio of 0.90 and a beta of 1.11. The firm's fifty day moving average price is C$12.40 and its two-hundred day moving average price is C$10.45. Sandstorm Gold has a 1-year low of C$6.93 and a 1-year high of C$14.26. The company has a current ratio of 2.29, a quick ratio of 1.17 and a debt-to-equity ratio of 26.44.
About Sandstorm Gold
(
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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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