Sandstorm Gold (NYSE:SAND) Downgraded by Stifel Canada to Hold

Sandstorm Gold (NYSE:SAND - Get Free Report) was downgraded by equities research analysts at Stifel Canada from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Monday,Zacks.com reports. Stifel Canada also issued estimates for Sandstorm Gold's Q2 2025 earnings at $0.05 EPS, FY2025 earnings at $0.18 EPS and FY2026 earnings at $0.23 EPS.

Several other research firms have also recently weighed in on SAND. Wall Street Zen raised shares of Sandstorm Gold from a "hold" rating to a "buy" rating in a research report on Wednesday, May 21st. HC Wainwright upped their price objective on shares of Sandstorm Gold from $11.50 to $11.75 and gave the stock a "buy" rating in a research report on Thursday, May 8th. National Bankshares reaffirmed an "outperform" rating on shares of Sandstorm Gold in a research report on Tuesday, June 24th. TD Securities cut Sandstorm Gold from a "buy" rating to a "sell" rating and set a $14.00 target price on the stock. in a research report on Thursday, July 10th. Finally, Scotiabank lifted their target price on Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $10.15.

Sandstorm Gold Price Performance

SAND traded down $0.02 on Monday, hitting $9.56. 5,158,845 shares of the stock were exchanged, compared to its average volume of 9,388,518. Sandstorm Gold has a 12 month low of $4.92 and a 12 month high of $10.44. The business has a 50-day moving average of $9.30 and a two-hundred day moving average of $7.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 95.56 and a beta of 0.46.

Sandstorm Gold (NYSE:SAND - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Sandstorm Gold had a return on equity of 2.00% and a net margin of 15.80%. The firm had revenue of $50.10 million for the quarter, compared to the consensus estimate of $71.61 million. Sell-side analysts forecast that Sandstorm Gold will post 0.18 EPS for the current fiscal year.

Institutional Investors Weigh In On Sandstorm Gold

Several hedge funds and other institutional investors have recently made changes to their positions in SAND. Farther Finance Advisors LLC raised its position in Sandstorm Gold by 181.8% in the second quarter. Farther Finance Advisors LLC now owns 3,100 shares of the company's stock valued at $29,000 after purchasing an additional 2,000 shares during the last quarter. Cantor Fitzgerald L. P. bought a new position in Sandstorm Gold in the fourth quarter valued at about $56,000. Bank of New York Mellon Corp raised its position in Sandstorm Gold by 21.0% in the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock valued at $78,000 after purchasing an additional 2,416 shares during the last quarter. Fiduciary Trust Co bought a new position in Sandstorm Gold in the fourth quarter valued at about $86,000. Finally, Venture Visionary Partners LLC bought a new position in Sandstorm Gold in the first quarter valued at about $91,000. 51.97% of the stock is owned by institutional investors.

About Sandstorm Gold

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.