Sandstorm Gold Ltd (TSE:SSL) insider Erfan Kazemi-Esfahani sold 9,101 shares of the company’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of C$5.81, for a total value of C$52,876.81.
Shares of Sandstorm Gold Ltd (TSE SSL) traded up C$0.03 during midday trading on Friday, reaching C$5.85. The company’s stock had a trading volume of 644,000 shares, compared to its average volume of 439,785. Sandstorm Gold Ltd has a 1-year low of C$4.37 and a 1-year high of C$6.95. The company has a market capitalization of $1,060.00, a price-to-earnings ratio of 73.13 and a beta of -0.78.
Sandstorm Gold (TSE:SSL) last announced its quarterly earnings data on Thursday, February 15th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.02). Sandstorm Gold had a net margin of 4.59% and a return on equity of 0.43%. The firm had revenue of C$19.62 million for the quarter, compared to the consensus estimate of C$20.60 million.
SSL has been the subject of several recent analyst reports. CIBC upped their target price on Sandstorm Gold from C$5.75 to C$6.25 in a report on Wednesday, December 20th. Canaccord Genuity upped their target price on Sandstorm Gold from C$10.25 to C$10.50 in a report on Friday, January 19th. Finally, National Bank Financial increased their price objective on Sandstorm Gold from C$7.25 to C$7.50 and gave the company an “outperform” rating in a report on Wednesday, December 20th.
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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.
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