With over 3.7 million Sandstorm Gold Ltd (SAND) shares trading Tuesday and a closing price of $4.69 on the day, the dollar volume was approximately $17.35 million. The shares have shown a negative half year performance of -10.84% and its price on 11/21/23 gained nearly 1.30%. Currently, there are 298.84M common shares owned by the public and among those 244.68M shares have been available to trade.
The top 3 mutual fund holders in Sandstorm Gold Ltd are VanEck Gold Miners ETF, American Funds Small Cap World Fu, and VanEck Junior Gold Miners ETF. VanEck Gold Miners ETF owns 16.01 million shares of the company’s stock, all valued at over $72.99 million. The company bought an additional 67830.0 shares recently to bring their total holdings to about 5.41% of the shares outstanding. VanEck Junior Gold Miners ETF bought 13479.0 shares to bring its total holdings to over 10.14 million shares at a value of $46.24 million. VanEck Junior Gold Miners ETF now owns shares totaling to 3.42% of the shares outstanding.
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Shares of Sandstorm Gold Ltd (NYSE: SAND) opened at $4.72, up $0.09 from a prior closing price of $4.63. The company’s stock has a 5-day price change of 0.21% and -12.34% over the past three months. SAND shares are trading -10.84% year to date (YTD), with the 12-month market performance down to -8.04% lower. It has a 12-month low price of $4.27 and touched a high of $6.31 over the same period. SAND has an average intraday trading volume of 1.66 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.30%, -1.02%, and -10.60% respectively.
Institutional ownership of Sandstorm Gold Ltd (NYSE: SAND) shares accounts for 48.70% of the company’s 298.84M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $1.39B and a beta (3y monthly) value of 0.99. The stock’s trailing 12-month PE ratio is 93.61, while the earnings-per-share (ttm) stands at $0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.05% over the week and 3.43% over the month.
Analysts forecast that Sandstorm Gold Ltd (SAND) will achieve an EPS of $Banco Santander, S.A. Sponsored for the current quarter, $4.04 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Sandstorm Gold Ltd. while analysts give the company a high EPS estimate of $Gladstone Land Corporation. Comparatively, EPS for the current quarter was $Sonder Holdings Inc. a year ago. Earnings per share for the fiscal year are expected to increase by 5.26%, and -11.50% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 11 brokerage firm advisors rate Sandstorm Gold Ltd (SAND) as a “Strong Buy” at a consensus score of 1.36. Specifically, 8 Wall Street analysts polled rate the stock as a buy, while 1 of the 11 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the SAND, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Outperform rating for the stock in a research note on March 02, 2023, with the firm’s price target at $6.50.
