A Closer Look At Sandstorm Gold Ltd. (SAND)’s Financials

At the last check on Thursday, Sandstorm Gold Ltd.’s (NYSE:SAND) stock was up $0.13, moving up 2.58 percent to $5.16. The average number of shares traded per day over the past five days has been 1,846,791 shares. 5 times new highs have been achieved over the past 5 days, with a $0.35 gain in that time frame. In the last twenty days, the average volume was 2,188,288, while in the previous 50 days, it was 2,161,705.

Since last month, SAND stock retreated -10.88%. Shares of the company fell to $4.72 on 02/24/23, the lowest level in the past month. A 52-week high of $9.18 was reached on 01/26/23 after having rallying from a 52-week low of $4.51. Since the beginning of this year, SAND’s stock price has dropped by -1.90% or -$0.11, and marked a new high 11 times. However, the stock has declined by -43.79% since its 52-week high.

Valuation Metrics

Right now, Sandstorm Gold Ltd. (SAND) has a P/E ratio of about 15.24. Besides these, the trailing price-to-sales (P/S) ratio of 10.11, the price-to-book (PB) ratio of 1.06.

The latest dividend of $0.0147 per share was paid out, which is 0.68% more than last year’s $0.0146. On Tuesday December 20 2022, a $0.0001 dividend increase was announced.

Financial Health

Based on annual data, SAND earned $62.31 million in gross profit and brought in $114.86 million in revenue.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SAND’s revenue rose 18.2% during the quarter, while net income inched up to $89.43 million. While analysts expected Sandstorm Gold Ltd. to report $0.01 quarterly earnings, the actual figure was -$0.01 per share. During the quarter, the company generated $33.81 million in EBITDA. The liabilities of Sandstorm Gold Ltd. were 571.95 million at the end of its most recent quarter ended December 30, and its total debt was $499.55 million.

Technical Picture

This quick technical analysis looks at Sandstorm Gold Ltd.’s (SAND) price momentum. With a historical volatility rate of 36.12%, the RSI 9-day stood at 51.20% on 01 March.

With respect to its five-day moving average, the current Sandstorm Gold Ltd. price is up by +7.29% percent or $0.35. At present, SAND shares trade -12.12% below its 20-day simple moving average and -1.34% percent below its 100-day simple moving average. However, the stock is currently trading approximately +1.18% above its SMA50 and -16.80% below its SMA200.

Stochastic coefficient K was 43.57% and Stochastic coefficient D was 30.31%, while ATR was 0.15. Given the Stochastic reading of 66.15% for the 14-day period, the RSI (14) reading has been calculated as 45.96%. As of today, the MACD Oscillator reading stands at 0.08, while the 14-day reading stands at -0.03.

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