Sandstorm Gold (TSE:SSL – Get Free Report) had its price objective upped by equities researchers at Canaccord Genuity Group from C$10.00 to C$10.50 in a report issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target would indicate a potential upside of 42.47% from the company’s current price.
A number of other research firms also recently weighed in on SSL. CIBC increased their price target on shares of Sandstorm Gold from C$8.00 to C$9.00 in a research note on Monday, April 15th. TD Securities dropped their price objective on Sandstorm Gold from C$8.00 to C$7.00 and set a “buy” rating for the company in a report on Wednesday, February 14th.
Check Out Our Latest Research 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 EPS for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.08. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.95%. The company had revenue of C$60.59 million during the quarter, compared to the consensus estimate of C$62.51 million. On average, research analysts predict that Sandstorm Gold will post 0.0946201 earnings per share for the current year.
Insider Activity at Sandstorm Gold
In other Sandstorm Gold news, Director Nolan Allan Watson bought 27,200 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were acquired at an average price of C$7.33 per share, with a total value of C$199,376.00. 1.22% 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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