The stock of Sandstorm Gold Ltd (SAND) has gone up by 2.93% for the week, with a 5.44% rise in the past month and a 25.17% rise in the past quarter. The volatility ratio for the week is 3.31%, and the volatility levels for the past 30 days are 3.34% for SAND. The simple moving average for the last 20 days is 2.99% for SAND stock, with a simple moving average of 14.12% for the last 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 78.16x that is above its average ratio. Additionally, the 36-month beta value for SAND is 1.13. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for SAND is 246.16M and currently, short sellers hold a 2.67% ratio of that float. The average trading volume of SAND on May 08, 2024 was 2.66M shares.
SAND) stock’s latest price update
The stock of Sandstorm Gold Ltd (NYSE: SAND) has decreased by 0.00 when compared to last closing price of 5.62. Despite this, the company has experienced a 2.93% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Sandstorm Gold (SAND) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see SAND reach a price target of $8, previously predicting the price at $9. The rating they have provided for SAND stocks is “Outperform” according to the report published on October 05th, 2022.
BMO Capital Markets gave a rating of “Outperform” to SAND, setting the target price at $9 in the report published on August 17th of the previous year.
SAND Trading at 10.32% 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 -9.94% of loss for the given period.
Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares surge +0.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.74% upper at present.
During the last 5 trading sessions, SAND rose by +2.93%, which changed the moving average for the period of 200-days by +2.74% in comparison to the 20-day moving average, which settled at $5.46. In addition, Sandstorm Gold Ltd saw 11.73% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SAND
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.46 for the gross margin
The net margin for Sandstorm Gold Ltd stands at 0.12. The total capital return value is set at 0.03. Equity return is now at value 1.53, with 1.13 for asset returns.
Based on Sandstorm Gold Ltd (SAND), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 2.1.
Currently, EBITDA for the company is 139.54 million with net debt to EBITDA at 3.17. When we switch over and look at the enterprise to sales, we see a ratio of 11.76. The receivables turnover for the company is 10.27for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.26.
Conclusion
In conclusion, Sandstorm Gold Ltd (SAND) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
