What is Sandstorm Gold Ltd’s (NYSE:SAND) current market value? Can you beat the fundamentals?

In yesterday’s Wall Street session, Sandstorm Gold Ltd (NYSE:SAND) shares traded at $4.64, down -3.33% from the previous session.

11 analysts cover Sandstorm Gold Ltd (NYSE:SAND), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $9.73 and a low of $5.50, we find $7.27. Given the previous closing price of $4.80, this indicates a potential upside of 51.46 percent. SAND stock price is now -4.95% away from the 50-day moving average and -12.61% away from the 200-day moving average. The market capitalization of the company currently stands at $1.37B.

The stock has received a hold rating from 1 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $7.33 as their price target over the next twelve months.

With the price target maintained at $6.50, RBC Capital Mkts recently Upgraded its rating from Sector Perform to Outperform for Sandstorm Gold Ltd (NYSE: SAND).

A total of 17.39% of the company’s stock is owned by insiders.

On Tuesday morning Sandstorm Gold Ltd (NYSE: SAND) stock kicked off with the opening price of $4.6150. During the past 12 months, Sandstorm Gold Ltd has had a low of $4.27 and a high of $6.31. As of last week, the company has a debt-to-equity ratio of 0.33, a current ratio of 1.92, and a quick ratio of 1.92. The fifty day moving average price for SAND is $4.8814 and a two-hundred day moving average price translates $5.3092 for the stock.

The latest earnings results from Sandstorm Gold Ltd (NYSE: SAND) was released for Jun, 2023. According to the Gold Company, earnings per share came in at $0.01, missing analysts’ expectations of $0.02 by -0.01. This compares to $0.13 EPS in the same period last year. The net profit margin was 27.23% and return on equity was 4.65% for SAND. The company reported revenue of $41.32 million for the quarter, compared to $38.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.09 percent. For the current quarter, analysts expect SAND to generate $41.4M in revenue.

Sandstorm Gold Ltd(SAND) Company Profile

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines. It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine’s production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price. The company has a portfolio of 250 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D’Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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