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Is Sandstorm Gold Ltd (SAND) a good stock to buy now?

Sandstorm Gold Ltd (NYSE: SAND) is 12.92% higher on its value in year-to-date trading and has touched a low of $3.96 and a high of $6.07 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 $5.58 in the last trading session, with the day’s gains setting it 0.1%.

Currently trading at $5.68, the stock is 4.97% and 3.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing 1.79% at the moment leaves the stock 10.73% off its SMA200. SAND registered 6.17% gain for a year compared to 6-month gain of 38.20%.

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The stock witnessed a 1.43% loss in the last 1 month and extending the period to 3 months gives it a -2.07%, and is 2.90% 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 1.70% over the week and 2.65% over the month.

Sandstorm Gold Ltd (SAND) has around 27 employees, a market worth around $1.69B and $170.01M in sales. Current P/E ratio is 57.66 and Fwd P/E is 36.38. Profit margin for the company is 17.55%. Distance from 52-week low is 43.43% and -6.43% from its 52-week high. The company has generated returns on investments over the last 12 months (1.64%).

with sales reaching $47M over the same period.The EPS is expected to shrink by -38.10% this year, but quarterly earnings will post -0.10% year-over-year. Quarterly sales are estimated to grow 13.70% in year-over-year returns.

Sandstorm Gold Ltd (SAND) Top Institutional Holders

293.0 institutions hold shares in Sandstorm Gold Ltd (SAND), with institutional investors hold 63.13% of the company’s shares. The shares outstanding are 297.67M, and float is at 197.91M with Short Float at 2.23%. Institutions hold 62.37% of the Float.

The top institutional shareholder in the company is with over 47.97 million shares valued at $260.96 million. The investor’s holdings represent 16.1077% of the SAND Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 26.63 million shares valued at $144.85 million to account for 8.9406 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 22.49 million shares representing 7.5521% and valued at over $122.35 million, while ONTARIO TEACHERS PENSION PLAN BOARD holds 2.2657 of the shares totaling 6.75 million with a market value of $36.71 million.

Sandstorm Gold Ltd (SAND) Insider Activity

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