Sandstorm Gold Coverage Initiated at Stonecap Securities (SSL)
Research analysts at Stonecap Securities initiated coverage on shares of Sandstorm Gold (CVE:SSL) in a report released on Thursday. The firm set an “outperform” rating and a C$7.00 price target on the stock. Stonecap Securities’ target price would indicate a potential downside of 41.32% from the company’s current price.
Shares of Sandstorm Gold (CVE:SSL) traded down 1.31% on Thursday, hitting $6.05. The stock had a trading volume of 71,866 shares. Sandstorm Gold has a 52-week low of $4.17 and a 52-week high of $8.44. The stock has a 50-day moving average of $6.19 and a 200-day moving average of $5.65. The company’s market cap is $672.6 million.
Sandstorm Gold Ltd. (CVE:SSL), formerly Sandstorm Resources Ltd.
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