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Keep An Eye On Sandstorm Gold Ltd.’s Insider Activity (SAND)

The stock of Sandstorm Gold Ltd. (NYSE:SAND) decreased by $0.0 on Tuesday to finish at $4.80, down 0.00 percent. The last five days have seen an average…

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This article was originally published by Fosters Leader

The stock of Sandstorm Gold Ltd. (NYSE:SAND) decreased by $0.0 on Tuesday to finish at $4.80, down 0.00 percent. The last five days have seen an average of 2,737,440 shares of common stock traded. 22 times new highs were reached in the current year, with a fall of -$1.40. The average number of shares traded over the last 20 days was 4,201,310, while the average volume over the last 50 days totaled 2,659,434.

SAND stock dropped -25.00% since last month. On 10/11/22, the company’s shares reached a one-month low of $4.74. The stock touched a high of $9.18 on 04/13/22, after rallying from a low of $4.79 in 52 weeks. The price of SAND stock has declined by -22.58% or -$1.40 this year, reaching a new high 22 times. Still, the stock price is down -47.71% from the 52-week high.

Valuation Metrics

Sandstorm Gold Ltd. (SAND) has a trailing price-to-earnings (P/E) ratio of 32.00. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 7.71, the price-to-book (PB) ratio of 1.50.

Company paid $0.0146 per share in dividends, a decrease of -8.75% from $0.0160 last year. A $0.0014 dividend decrease was reported on Thursday September 29 2022.

Financial Health

Based on annual data, it had gross profit of $62.31 million and revenue of $114.86 million.

Earnings Surprise

According to Sandstorm Gold Ltd.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $89.43 million, while revenues rose by 18.2% to $0.0. It was predicted that Sandstorm Gold Ltd.’s quarterly earnings would be $0.2, but it ended up being $0.05. EBITDA was $22.93 million for the quarter. At the end of Sandstorm Gold Ltd.’s most recent quarter ended June 29, its liabilities totaled 40.88 million, while its total debt was $2.32 million.

Technical Picture

Here’s a quick look at Sandstorm Gold Ltd.’s (SAND) price momentum from a technical perspective. As of 11 October, the RSI 9-day stood at 29.42%, suggesting the stock is oversold, with a 44.19% historical volatility rate.

The stochastic %K and %D were 1.91% and 7.52% respectively, while the average true range (ATR) was 0.28. Based on the 14-day stochastic reading of 3.76%, the RSI (14) reading is 34.04%. On the 9-day MACD Oscillator, the stock is at -0.26, and the 14-day reading is at -0.41.

Analyst Ratings

Analysts have assigned Sandstorm Gold Ltd. (SAND) an Overweight rating. SAND is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 7 others recommend it as a buy.

What is SAND’s price target for the next 12 months?

The current consensus forecast for the stock is between $7.50 and $13.25, with a median target price of $9.50. In analyzing these forecasts, the average price target given by analysts for Sandstorm Gold Ltd. (SAND) is $9.36.

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