The stock of Sandstorm Gold Ltd (SAND) has seen a 2.56% increase in the past week, with a 0.63% gain in the past month, and a -10.28% decrease in the past quarter. The volatility ratio for the week is 2.84%, and the volatility levels for the past 30 days are at 3.40% for SAND. The simple moving average for the past 20 days is 3.67% for SAND’s stock, with a -8.51% simple moving average for the past 200 days.

Is It Worth Investing in Sandstorm Gold Ltd (NYSE: SAND) Right Now?

Sandstorm Gold Ltd (NYSE: SAND) has a price-to-earnings ratio of 95.81x that is above its average ratio. Additionally, the 36-month beta value for SAND is 0.99. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The average price predicted by analysts for SAND is $7.01, which is $2.21 above the current price. The public float for SAND is 244.68M and currently, short sellers hold a 2.64% ratio of that float. The average trading volume of SAND on November 21, 2023 was 1.66M shares.

SAND) stock’s latest price update

Sandstorm Gold Ltd (NYSE: SAND) has experienced a rise in its stock price by 3.67 compared to its previous closing price of 4.63. However, the company has seen a gain of 2.56% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-08 that Sandstorm Gold’s (SAND) Q3 revenues gain on higher average realized selling price of gold.

Analysts’ Opinion of SAND

Many brokerage firms have already submitted their reports for SAND stocks, with RBC Capital Mkts repeating the rating for SAND by listing it as a “Outperform.” The predicted price for SAND in the upcoming period, according to RBC Capital Mkts is $6.50 based on the research report published on March 02, 2023 of the current year 2023.

SAND Trading at 1.30% from the 50-Day Moving Average

After a stumble in the market that brought SAND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.93% of loss for the given period.

Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +0.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.27% lower at present.

During the last 5 trading sessions, SAND rose by +2.24%, which changed the moving average for the period of 200-days by -11.55% in comparison to the 20-day moving average, which settled at $4.63. In addition, Sandstorm Gold Ltd saw -8.75% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SAND

Current profitability levels for the company are sitting at:

The net margin for Sandstorm Gold Ltd stands at +52.69. The total capital return value is set at 3.45, while invested capital returns managed to touch 6.10. Equity return is now at value 1.11, with 0.79 for asset returns.

Based on Sandstorm Gold Ltd (SAND), the company’s capital structure generated 35.31 points at debt to equity in total, while total debt to capital is 26.10. Total debt to assets is 25.30, with long-term debt to equity ratio resting at 35.31. Finally, the long-term debt to capital ratio is 26.10.

When we switch over and look at the enterprise to sales, we see a ratio of 10.80, with the company’s debt to enterprise value settled at 0.29. The receivables turnover for the company is 8.74 and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.

Conclusion

In conclusion, Sandstorm Gold Ltd (SAND) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.