Sandstorm Gold Ltd (NYSE: SAND) is 10.39% higher on its value in year-to-date trading and has touched a low of $4.09 and a high of $6.67 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 $6.13 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $6.16, the stock is -1.75% and 4.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.41 million and changing 0.49% at the moment leaves the stock 6.81% off its SMA200. SAND registered 54.00% gain for a year compared to 6-month gain of 9.41%.
The stock witnessed a 3.70% loss in the last 1 month and extending the period to 3 months gives it a 6.21%, and is 0.82% 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 3.69% over the week and 3.49% over the month.
Sandstorm Gold Ltd (SAND) has around 27 employees, a market worth around $1.82B and $176.28M in sales. Current P/E ratio is 129.14 and Fwd P/E is 28.22. Profit margin for the company is 8.11%. Distance from 52-week low is 50.61% and -7.65% from its 52-week high. The company has generated returns on investments over the last 12 months (0.80%).
The EPS is expected to grow by 233.62% this year, but quarterly earnings will post 15.01% year-over-year.
Sandstorm Gold Ltd (SAND) Top Institutional Holders
The shares outstanding are 296.40M, and float is at 263.08M with Short Float at 0.86%.
The top institutional shareholder in the company is ORION RESOURCE PARTNERS LP with over 47.97 million shares valued at $260.96 million. The investor’s holdings represent 16.1068% 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 8.9401 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 22.49 million shares representing 7.5517% and valued at over $122.35 million, while ONTARIO TEACHERS PENSION PLAN BOARD holds 2.2656 of the shares totaling 6.75 million with a market value of $36.71 million.
Sandstorm Gold Ltd (SAND) Insider Activity
A total of 0 insider transactions have happened at Sandstorm Gold Ltd (SAND) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Still, SEC filings show that on Oct 18 ’24, Orion Mine Finance Fund III LP (Stockholder (1)) Proposed Sale 1,733,823 shares at an average price of $8.11 for $14.06 million. The insider now directly holds shares of Sandstorm Gold Ltd (SAND).
Sandstorm Gold Ltd (SAND): Who are the competitors?
The company’s main competitors (and peers) include GoGold Resources Inc. (GLGDF) that is trading 20.81% up over the past 12 months. Caledonia Mining Corp. PLC (CMCL) that is 5.24% higher over the same period.
