Sandstorm Gold (SSL) Price Target Increased to C$6.25 by Analysts at CIBC

Sandstorm Gold (TSE:SSL) had its target price increased by CIBC from C$5.75 to C$6.25 in a research note released on Wednesday, December 20th.

A number of other analysts have also commented on the stock. Canaccord Genuity lifted their price target on shares of Sandstorm Gold from C$9.50 to C$10.00 in a research note on Friday, October 20th. National Bank Financial reiterated an outperform rating on shares of Sandstorm Gold in a research note on Tuesday, October 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$7.38.

Shares of Sandstorm Gold (TSE SSL) traded up C$0.11 during mid-day trading on Wednesday, hitting C$6.43. 469,665 shares of the stock were exchanged, compared to its average volume of 410,395. Sandstorm Gold has a 52-week low of C$4.37 and a 52-week high of C$6.81. The company has a market capitalization of $1,170.00, a price-to-earnings ratio of 91.86 and a beta of -0.93.

In other Sandstorm Gold news, Director David Awram bought 23,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was bought at an average cost of C$5.49 per share, for a total transaction of C$126,270.00.

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Sandstorm Gold Company Profile

Sandstorm Gold Ltd is a Canada-based company engaged in providing financing to mining companies. The Company focuses on acquiring gold and other metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company operates in the segments of Bachelor Lake, Black Fox, Chapada Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.

Analyst Recommendations for Sandstorm Gold (TSE:SSL)

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