Sandstorm Gold Ltd (NYSE: SAND) Continues To Point Downwards

Sandstorm Gold Ltd (NYSE:SAND) price is hovering lower on current market day and dropping -0.47% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $8.44, with intraday deals fluctuating between $8.2901 and $8.45. The company’s 5Y monthly beta was ticking 1.201 while its P/E ratio in the trailing 12-month period read 176.10. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.82 and 52-week low of $4.92. The stock added 9.80% on its value in the past month.

Sandstorm Gold Ltd, which has a market valuation of $2.47 billion, is expected to release its quarterly earnings report on 2025-Feb-17. The company stock has a Forward Dividend ratio of 0.06, while the dividend yield is 0.68%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

On average, analysts have forecast the company’s revenue for the quarter will hit 72.18M, with the likely lows of 69.45M and highs of 74.9M. The average estimate suggests sales growth for the quarter will likely rise by 23.03% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of 304.97M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 21.92% above that which the company brought in the current year earning report.

Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give SAND a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 7 analysts have assigned SAND a recommendation rating as follows: 2 rate it as a Hold; 5 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Sandstorm Gold Ltd (SAND) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.43. The overview shows that SAND’s price is at present 6.71% off the SMA20 and 18.89% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 67.85, with weekly volatility standing at 3.85%. The indicator jumps to 4.65% when calculated based on the past 30 days. Sandstorm Gold Ltd (NYSE:SAND)’s beta value is holding at 0.48, while the average true range (ATR) indicator is currently reading 0.33. Considering analysts have assigned the stock a price target range of $6.5-$7.5 as the low and high respectively, we find the trailing 12-month average consensus price target to be $7. Based on this estimate, we see that today’s price at last check is roughly 22.62% off the estimated low and 10.71% off the forecast high. Investors will no doubt be excited to see the share price rise to $7, which is the median consensus price, and at that level SAND would be 16.67% from recent price.

An analysis of the Sandstorm Gold Ltd (NYSE:SAND) stock in terms of its daily trading volume indicates that the 3-month average is 5.65 million. However, this figure increases on the past 10-day timeline to an average of 7.05 million.

Current records show that the company has 296.40M in outstanding shares. The insiders’ percentage holdings are 11.19% of outstanding shares while the percentage share held by institutions stands at 59.05%. The stats also highlight that short interest as of 2025-04-15, stood at 3.58 million shares, which puts the short ratio at the time at 0.54. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 2.61 million. But the 50.54% upside, 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.

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