Sandstorm Gold Ltd (NYSE: SAND) is -1.79% lower on its value in year-to-date trading and has touched a low of $3.96 and a high of $6.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SAND stock was last observed hovering at around $5.03 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $4.94, the stock is 11.12% and 8.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing -1.79% at the moment leaves the stock 0.57% off its SMA200. SAND registered -7.84% loss for a year compared to 6-month loss of -5.18%. The firm has a 50-day simple moving average (SMA 50) of $10.55 and a 200-day simple moving average (SMA200) of $11.68.
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The stock witnessed a 21.08% gain in the last 1 month and extending the period to 3 months gives it a 0.20%, and is 3.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.11% over the week and 3.28% over the month.
Sandstorm Gold Ltd (SAND) has around 27 employees, a market worth around $1.47B and $179.64M in sales. Current P/E ratio is 35.80 and Fwd P/E is 42.67. Profit margin for the company is 23.22%. Distance from 52-week low is 24.75% and -21.71% from its 52-week high. The company has generated returns on investments over the last 12 months (2.22%).
Sandstorm Gold Ltd quarterly earnings per share for the current quarter are estimated at $0.01.The EPS is expected to shrink by -54.54% this year, but quarterly earnings will post -6.10% year-over-year.
Sandstorm Gold Ltd (SAND) Top Institutional Holders
296 institutions hold shares in Sandstorm Gold Ltd (SAND), with institutional investors hold 62.57% of the company’s shares. The shares outstanding are 297.67M, and float is at 246.25M with Short Float at 2.47%. Institutions hold 61.80% of the Float.
The top institutional shareholder in the company is Orion Resource Partners (USA) LP with over 47.97 million shares valued at $245.61 million. The investor’s holdings represent 16.20% of the SAND Shares outstanding. As of Jun 29, 2023, the second largest holder is Van Eck Associates Corporation with 28.49 million shares valued at $145.89 million to account for 9.62% of the shares outstanding. The other top investors are Capital International Investors which holds 14.02 million shares representing 4.73% and valued at over $71.77 million, while Phoenix Holdings Ltd. holds 2.61% of the shares totaling 7.72 million with a market value of $39.51 million.
