Sandstorm Gold Ltd. (NYSE:SAND) price is hovering higher on Monday, September 13, jumping 2.64% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $6.44, with intraday deals fluctuating between $6.22 and $6.49. The company’s 5Y monthly beta was ticking 0.88 while its P/E ratio in the trailing 12-month period read 42.93. Taking into account the 52-week price action we note that the stock hit a 52-week high of $9.67 and 52-week low of $5.96. The stock subtracted -5.15% on its value in the past month.
Sandstorm Gold Ltd., which has a market valuation of $1.25 billion, is expected to release its quarterly earnings report Oct 27, 2021 – Nov 01, 2021. Analysts tracking SAND have forecast the quarterly EPS to grow by 0.01 per share this quarter, while the same analysts predict the annual EPS to hit $0.07 for the year 2021 and up to $0.08 for 2019. In this case, analysts estimate an annual EPS growth of 40.00% for the year and 14.30% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $19 million, with the likely lows of $19 million and highs of $19 million. Staying with the analyst view, there is a consensus estimate of $72.89 million for the company’s annual revenue in 2018. Per this projection, the revenue is forecast to grow 6.80% above that which the company brought in 2018.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SAND a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that SAND’s price is at present 3.61% off the SMA20 and -6.88% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.50, with weekly volatility standing at 3.00%. The indicator jumps to 3.03% when calculated based on the past 30 days. Sandstorm Gold Ltd. (NYSE:SAND)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.22.
Turning out attention to how the Sandstorm Gold Ltd. stock has performed in comparison to its peers in the industry, here’s what we find: SAND’s stock is 2.64% on the day and -28.36% in the past 12 months. Another comparison is with Caledonia Mining Corporation Plc (CMCL) whose stock price is down 0.00% in the current trading session, and has flourished -30.89% over the past year. Also, Trilogy Metals Inc. (TMQ) is currently showing down trend of -1.00% while its price kept floating at 7.49% over the past year. Elsewhere in the market, the S&P 500 Index has stumbled -0.11% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.44%.
An analysis of the Sandstorm Gold Ltd. (NYSE:SAND) stock in terms of its daily trading volume indicates that the 3-month average is 1.48 million.
Current records show that the company has 194.57M in outstanding shares. The insiders’ percentage holdings are 1.65% of outstanding shares while the percentage share held by institutions stands at 51.37%. But the -10.18% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.