Sandstorm Gold Lowered to “Sector Perform” at Stonecap Securities (SSL)
Sandstorm Gold (CVE:SSL) was downgraded by research analysts at Stonecap Securities from an “outperform” rating to a “sector perform” rating in a report released on Friday. They currently have a C$6.25 price target on the stock, down from their previous price target of C$7.00. Stonecap Securities’ price target points to a potential downside of 47.61% from the stock’s previous close.
Sandstorm Gold (CVE:SSL) traded up 0.33% on Friday, hitting $6.13. The stock had a trading volume of 171,779 shares. Sandstorm Gold has a 1-year low of $4.17 and a 1-year high of $8.44. The stock’s 50-day moving average is $6.19 and its 200-day moving average is $5.65. The company’s market cap is $681.5 million.
Sandstorm Gold Ltd. (CVE:SSL), formerly Sandstorm Resources Ltd.
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