Sandstorm Gold Receives Consensus Rating of “Hold” from Analysts (CVE:SSL)
Sandstorm Gold (CVE:SSL) has been given an average rating of “Hold” by the eight analysts that are presently covering the company, American Banking & Market News reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$8.00.
Sandstorm Gold (CVE:SSL) opened at 6.44 on Tuesday. Sandstorm Gold has a 1-year low of $4.17 and a 1-year high of $8.19. The stock has a 50-day moving average of $7.09 and a 200-day moving average of $6.51. The company’s market cap is $757.1 million.
SSL has been the subject of a number of recent research reports. Analysts at Raymond James raised their price target on shares of Sandstorm Gold from C$7.50 to C$8.00 in a research note on Thursday, August 14th. They now have a “market perform” rating on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Sandstorm Gold in a research note on Thursday, August 7th. They now have a C$7.00 price target on the stock, down previously from C$8.50. Finally, analysts at National Bank Financial cut their price target on shares of Sandstorm Gold from C$8.00 to C$7.25 in a research note on Wednesday, August 6th. They now have a “sector perform” rating on the stock.
Sandstorm Gold Ltd. (CVE:SSL), formerly Sandstorm Resources Ltd.
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