Cormark Comments on Sandstorm Gold Ltd’s Q3 2017 Earnings (SSL)

Sandstorm Gold Ltd (TSE:SSL) (NASDAQ:SAND) – Cormark issued their Q3 2017 earnings per share (EPS) estimates for shares of Sandstorm Gold in a report issued on Monday. Cormark analyst R. Gray expects that the company will post earnings of $0.01 per share for the quarter.

A number of other analysts also recently weighed in on SSL. CIBC downgraded shares of Sandstorm Gold from an “outperform” rating to a “neutral” rating and cut their price target for the company from C$6.00 to C$5.50 in a research report on Thursday, June 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$7.50 price target on shares of Sandstorm Gold in a research report on Monday, July 10th. Finally, Canaccord Genuity cut their price target on shares of Sandstorm Gold from C$10.00 to C$9.50 in a research report on Friday, September 29th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$7.10.

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Shares of Sandstorm Gold (TSE SSL) opened at 5.64 on Tuesday. The stock’s 50 day moving average is $5.81 and its 200-day moving average is $5.33. Sandstorm Gold has a 12-month low of $4.29 and a 12-month high of $6.87. The firm has a market cap of $1.04 billion and a price-to-earnings ratio of 74.21.

Sandstorm Gold Company Profile

Sandstorm Gold Ltd is a Canada-based company engaged in providing financing to mining companies. The Company focuses on acquiring gold and other metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company operates in the segments of Bachelor Lake, Black Fox, Chapada Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.

Earnings History and Estimates for Sandstorm Gold (TSE:SSL)

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