Sandstorm Gold Ltd (TSE:SSL) Given “Outperform” Rating at National Bank Financial

National Bank Financial reiterated their outperform rating on shares of Sandstorm Gold Ltd (TSE:SSL) (NASDAQ:SAND) in a report released on Tuesday, October 17th. National Bank Financial also issued estimates for Sandstorm Gold’s FY2018 earnings at $0.11 EPS.

SSL has been the topic of a number of other research reports. CIBC downgraded Sandstorm Gold from an outperform rating to a neutral rating and dropped their price target for the stock from C$6.00 to C$5.50 in a research report on Thursday, June 22nd. Canaccord Genuity dropped their price objective on Sandstorm Gold from C$10.00 to C$9.50 in a research report on Friday, September 29th. Finally, Royal Bank Of Canada reaffirmed an outperform rating and set a C$7.50 price objective on shares of Sandstorm Gold in a research report on Monday, July 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Sandstorm Gold presently has a consensus rating of Buy and an average target price of C$7.20.

Shares of Sandstorm Gold (SSL) traded up 1.64% on Tuesday, hitting $5.58. 176,920 shares of the stock were exchanged. The stock’s 50-day moving average is $5.72 and its 200-day moving average is $5.31. Sandstorm Gold has a 1-year low of $4.29 and a 1-year high of $6.87. The stock has a market cap of $1.03 billion and a price-to-earnings ratio of 73.42.

COPYRIGHT VIOLATION WARNING: “Sandstorm Gold Ltd (TSE:SSL) Given “Outperform” Rating at National Bank Financial” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this report on another domain, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/28/national-bank-financial-reiterates-outperform-rating-for-sandstorm-gold-ltd-ssl.html.

About Sandstorm Gold

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.

Analyst Recommendations for Sandstorm Gold (TSE:SSL)

Receive News & Ratings for Sandstorm Gold Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sandstorm Gold Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply