Analyst Ratings Coverage
Stifel Nicolaus (Rank#24) on November 8th, issued a research report and lowered the 12 month target on Sandstorm Gold to $10 from $12 per share. The analyst maintained the “buy” rating on the company’s stock.
SAND Stock Analysis
Analyst Target Price: The average analyst target price for Sandstorm Gold Ltd N is CAD 9.68 over the next 12 months. This figure represents the consensus estimate of eight financial analysts who specialize in tracking the company. It suggests that, based on their analysis of Sandstorm Gold Ltd N’s financial performance, growth prospects, and industry conditions, the stock is expected to reach approximately CAD 9.68 within the next year.
Average Analyst Rating: The average analyst rating for Sandstorm Gold Ltd N is described as “Strong Buy.” This means that, on average, the majority of analysts covering the company’s stock have a positive view of it. A “Strong Buy” rating typically reflects a high level of confidence in the stock’s potential for growth and a positive outlook for the company.
Stock Target Advisor Analysis: Stock Target Advisor conducts its own analysis of Sandstorm Gold Ltd N’s stock. According to their analysis, the stock is categorized as “Slightly Bearish.” This categorization is based on a combination of positive and negative signals.
Positive Signals: The analysis identified 5 positive signals, which might include factors like favorable financial metrics, strong industry trends, or positive company-specific developments. These signals could indicate reasons for optimism about Sandstorm Gold Ltd N’s stock.
Negative Signals: There are also 8 negative signals in the analysis, which may encompass concerns such as high valuation, competitive challenges, or economic uncertainties. These signals may suggest reasons for caution or a less favorable outlook for the stock.
Recent Stock Performance: At the last closing, the stock price of Sandstorm Gold Ltd N was CAD 6.38. Over the past week, the stock price increased by +0.47%, indicating a modest gain in a short time frame. Over the past month, the stock price showed a more substantial increase of +3.74%, reflecting positive momentum in the short term. However, over the last year, the stock price experienced a decline of -6.18%, suggesting that it faced some challenges over a longer time horizon.
Final Stock Analysis
Sandstorm Gold Ltd’s consensus of financial analysts rate a “Strong Buy”, and recent short-term performance gains suggest a generally optimistic outlook for the stock. The “Slightly Bearish” categorization by Stock Target Advisor highlights the presence of both positive and negative signals, indicating a need for careful consideration and further research when making investment decisions.
