Sandstorm Gold (TSE:SSL – Get Free Report) had its target price upped by Canaccord Genuity Group from C$10.00 to C$10.50 in a research note issued to investors on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target would indicate a potential upside of 42.47% from the company’s previous close.
Other analysts also recently issued reports about the company. CIBC lifted their price objective on Sandstorm Gold from C$8.00 to C$9.00 in a report on Monday, April 15th. TD Securities lowered their price target on shares of Sandstorm Gold from C$8.00 to C$7.00 and set a “buy” rating for the company in a research report on Wednesday, February 14th.
Get Our Latest Analysis on SSL
Sandstorm Gold Stock Performance
Sandstorm Gold (TSE:SSL – Get Free Report) last announced its quarterly earnings data on Thursday, February 15th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.03 by C$0.08. The company had revenue of C$60.59 million for the quarter, compared to analysts’ expectations of C$62.51 million. Sandstorm Gold had a return on equity of 2.95% and a net margin of 23.22%. As a group, equities analysts predict that Sandstorm Gold will post 0.0946201 EPS for the current year.
Insider Buying and Selling at Sandstorm Gold
In other news, Director Nolan Allan Watson acquired 27,200 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were purchased at an average price of C$7.33 per share, with a total value of C$199,376.00. 1.22% of the stock is owned by insiders.
About Sandstorm Gold
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.
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