Sandstorm Gold Rating Lowered to Reduce at TD Securities (SSL)
Sandstorm Gold (CVE:SSL) was downgraded by stock analysts at TD Securities from a “hold” rating to a “reduce” rating in a report issued on Thursday. They currently have a C$5.00 price target on the stock, down from their previous price target of C$9.00. TD Securities’ price objective would indicate a potential downside of 58.09% from the company’s current price.
Shares of Sandstorm Gold (CVE:SSL) traded up 0.33% during mid-day trading on Thursday, hitting $6.13. 171,779 shares of the company’s stock traded hands. Sandstorm Gold has a one year low of $4.17 and a one 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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