A number of research firms have changed their ratings and price targets for Sandstorm Gold (TSE: SSL):
Sandstorm Gold Ltd (TSE:SSL) traded down 1.25% during mid-day trading on Wednesday, hitting $5.55. 38,165 shares of the stock traded hands. Sandstorm Gold Ltd has a 12-month low of $3.98 and a 12-month high of $8.73. The company has a market cap of $843.22 million and a price-to-earnings ratio of 32.65. The firm’s 50-day moving average is $5.89 and its 200-day moving average is $5.99.
Sandstorm Gold Ltd. is engaged in providing financing to mining companies. The Company focuses on acquiring gold and other metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company operates in the segments of Bachelor Lake, Black Fox, Chapada Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.