Sandstorm Gold Downgraded by Canaccord Genuity to “Hold” (SSL)
A number of other analysts have also recently weighed in on SSL. Analysts at TD Securities raised their price target on shares of Sandstorm Gold from C$7.00 to C$8.00 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Sandstorm Gold from C$9.00 to C$9.50 in a research note on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Sandstorm Gold from C$7.00 to C$7.50 in a research note on Monday, May 5th. They now have a “sector perform” rating on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Sandstorm Gold currently has a consensus rating of “Buy” and an average target price of C$8.13.
Sandstorm Gold (CVE:SSL) traded down 5.50% during mid-day trading on Thursday, hitting $7.56. The stock had a trading volume of 699,395 shares. Sandstorm Gold has a one year low of $4.17 and a one year high of $8.19. The stock’s 50-day moving average is $6.69 and its 200-day moving average is $6.12. The company’s market cap is $840.5 million.
Sandstorm Gold Ltd. (CVE:SSL), formerly Sandstorm Resources Ltd.
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