Sandstorm Gold Ltd (SAND)’s stock is trading at $5.89 at the moment marking a rise of 0.26% from the last session close. As of this writing, shares are priced at -7.58% less than their 52-week high of $6.38, and 48.86% over their 52-week low of $3.96. Based on the past 30-day period, the stock price is -6.64% below the high and +5.21% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, SAND’s SMA-200 is $5.34.
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Further, it is important to consider SAND stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 10.31.Likewise, its price to free cash flow for the last twelve months stands at 20.31. SAND’s price to book ratio for the most recent quarter was 1.22, resulting in an 97.78 price to cash per share for the period.
How does Sandstorm Gold Ltd (SAND) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 11 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.36 in simple terms.
Sandstorm Gold Ltd (SAND): Earnings History
If we examine Sandstorm Gold Ltd’s recent earnings history, in the last quarter ended on 6/30/2024, it posted adjusted earnings per share of $0.03, slashing the consensus of $0.02. In other words, it topped the consensus by $0.01, resulting in a 50.00% surprise. In the 3 months period before the previous quarter which was closed on 6/30/2024, the stock recorded adjusted earnings per share of $0.03 in contrast with the Outlook of $0.02. That was a difference of $0.01 and a surprise of 50.00%.
Sandstorm Gold Ltd (NYSE: SAND) Ownership Details
I will give a breakdown of the key shareholders in Sandstorm Gold Ltd (SAND). Recent figures show that the company’s insiders hold 1.20% of shares. A total of 286 institutional investors hold shares in the company, making 69.14% of its stock and 69.99% of its float.
Mar 31, 2024, it was reported that the Company’s largest institutional holder is Orion Resource Partners (usa) Lp holding total of 47.97 shares that make 16.16% of the company’s total number of shares and are currently priced at 279.91 million.
The securities firm Orion Resource Partners LP holds 47.97 shares of SAND, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 16.16%, and the holding percentage of shares is valued at 279.91 million.
An overview of Sandstorm Gold Ltd’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Sandstorm Gold Ltd (SAND) traded 2,518,162 shares per day, with a moving average of $5.98 and price change of -0.26. With the moving average of $5.79 and a price change of +0.86, about 2,313,361 shares changed hands on average over the past 50 days. Finally, SAND’s 100-day average volume is 2,044,352 shares, alongside a moving average of $5.67 and a price change of +0.09.
