Currently, there are 296.40M common shares owned by the public and among those 263.00M shares have been available to trade.
The company’s stock has a 5-day price change of 8.86% and 37.50% over the past three months. SAND shares are trading 32.08% year to date (YTD), with the 12-month market performance up to 47.99% higher. It has a 12-month low price of $4.92 and touched a high of $6.95 over the same period. SAND has an average intraday trading volume of 5.09 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 13.39%, 18.59%, and 26.37% respectively.
Institutional ownership of Sandstorm Gold Ltd (NYSE: SAND) shares accounts for 60.08% of the company’s 296.40M shares outstanding.
It has a market capitalization of $2.18B and a beta (3y monthly) value of 1.00. The stock’s trailing 12-month PE ratio is 154.51, while the earnings-per-share (ttm) stands at $0.05. The company has a PEG of 2.31 and a Quick Ratio of 1.95 with the debt-to-equity ratio at 0.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.11% over the week and 3.44% over the month.
Analysts forecast that Sandstorm Gold Ltd (SAND) will achieve an EPS of 0.04 for the current quarter, 0.05 for the next quarter and 0.22 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.03 while analysts give the company a high EPS estimate of 0.03. Comparatively, EPS for the current quarter was 0.01 a year ago. Earnings per share for the fiscal year are expected to increase by 230.91%, and 34.57% over the next financial year. EPS should grow at an annualized rate of 66.85% over the next five years, compared to -12.26% over the past 5-year period.
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. BMO Capital Markets coverage for the Sandstorm Gold Ltd (SAND) stock in a research note released on October 05, 2022 offered a Outperform rating with a price target of $8. RBC Capital Mkts on their part issued Sector Perform rating on February 18, 2022.
