Sandstorm Gold (TSE:SSL - Get Free Report) had its price objective boosted by analysts at Stifel Nicolaus from C$11.00 to C$13.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Stifel Nicolaus' price target would suggest a potential upside of 11.21% from the company's current price.
SSL has been the topic of several other reports. CIBC increased their price objective on shares of Sandstorm Gold from C$9.50 to C$11.25 in a report on Thursday, April 17th. Raymond James lowered their price target on Sandstorm Gold from C$8.50 to C$8.25 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Finally, Canaccord Genuity Group upped their target price on shares of Sandstorm Gold from C$12.25 to C$12.75 and gave the company a "buy" rating in a research note on Wednesday, April 9th.
Get Our Latest Stock Analysis on Sandstorm Gold
Sandstorm Gold Trading Down 0.8 %
Sandstorm Gold stock traded down C$0.09 during trading hours on Monday, reaching C$11.69. 384,714 shares of the company's stock traded hands, compared to its average volume of 504,324. The firm has a market capitalization of C$2.45 billion, a price-to-earnings ratio of 77.79, a PEG ratio of 0.90 and a beta of 1.11. The company has a debt-to-equity ratio of 26.44, a quick ratio of 1.17 and a current ratio of 2.29. Sandstorm Gold has a fifty-two week low of C$6.93 and a fifty-two week high of C$12.16. The firm's 50 day moving average is C$10.06 and its 200-day moving average is C$8.88.
About Sandstorm Gold
(
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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.
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