rts logo

Check out this: Sandstorm Gold Ltd (SAND) could be on the verge of a big rally

Sandstorm Gold Ltd (NYSE: SAND) is 4.17% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SAND stock was last observed hovering at around $5.25 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $5.24, the stock is 8.12% and 14.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.56 million and changing -0.19% at the moment leaves the stock 6.99% off its SMA200. SAND registered -8.55% loss for a year compared to 6-month loss of 10.78%. The firm has a 50-day simple moving average (SMA 50) of $11.10 and a 200-day simple moving average (SMA200) of $12.28.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 25.96% gain in the last 1 month and extending the period to 3 months gives it a 3.35%, and is 5.86% 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 3.17% over the week and 3.60% over the month.

Current P/E ratio is 37.97 and Fwd P/E is 42.41. Profit margin for the company is 23.22%. Distance from 52-week low is 32.32% and -16.96% 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 -50.71% this year, but quarterly earnings will post -6.10% year-over-year.

Sandstorm Gold Ltd (SAND) Top Institutional Holders

297 institutions hold shares in Sandstorm Gold Ltd (SAND), with institutional investors hold 62.87% of the company’s shares. The shares outstanding are 297.67M, and float is at 246.25M with Short Float at 2.80%. Institutions hold 62.10% 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.

Related Posts