Sandstorm Gold Downgraded to Neutral at Zacks (SAND)
Sandstorm Gold (NASDAQ:SAND) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. They currently have a $7.70 price target on the stock. Zacks‘s price target would suggest a potential upside of 26.64% from the stock’s previous close.
Separately, analysts at RBC Capital raised their price target on shares of Sandstorm Gold from $9.00 to $9.50 in a research note on Wednesday, July 9th.
Sandstorm Gold (NASDAQ:SAND) traded down 0.16% during mid-day trading on Wednesday, hitting $6.07. 386,218 shares of the company’s stock traded hands. Sandstorm Gold has a one year low of $3.94 and a one year high of $7.69. The stock’s 50-day moving average is $6.76 and its 200-day moving average is $5.93. The company’s market cap is $674.9 million.
Sandstorm Gold Ltd. (NASDAQ:SAND), formerly Sandstorm Resources Ltd.
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