Sandstorm Gold (TSE:SSL – Get Free Report) had its price objective lifted by stock analysts at National Bankshares from C$8.50 to C$8.75 in a report issued on Monday, BayStreet.CA reports. National Bankshares’ target price indicates a potential upside of 13.20% from the stock’s previous close.
SSL has been the topic of a number of other research reports. TD Securities decreased their price objective on shares of Sandstorm Gold from C$8.00 to C$7.00 and set a “buy” rating on the stock in a research report on Wednesday, February 14th. Canaccord Genuity Group raised their price target on shares of Sandstorm Gold from C$10.00 to C$10.50 in a research report on Tuesday, April 23rd. Finally, CIBC lifted their price objective on Sandstorm Gold from C$8.00 to C$9.00 in a report on Monday, April 15th.
Read Our Latest Stock Report on SSL
Sandstorm Gold Stock Performance
Sandstorm Gold (TSE:SSL – Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.03 by C$0.08. The firm had revenue of C$60.59 million during the quarter, compared to analysts’ expectations of C$62.51 million. Sandstorm Gold had a return on equity of 2.95% and a net margin of 23.22%. Equities analysts anticipate that Sandstorm Gold will post 0.1195739 earnings per share for the current year.
Insiders Place Their Bets
In related news, Director Nolan Allan Watson purchased 27,200 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were purchased at an average cost of C$7.33 per share, with a total value of C$199,376.00. 1.23% of the stock is currently owned by insiders.
Sandstorm Gold Company Profile
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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