Sandstorm Gold Ltd Stock Today
| SAND Stock | USD 5.52 0.11 2.03% |
Performance7 of 100
| Odds Of DistressLess than 3
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Sandstorm Gold is trading at 5.52 as of the 19th of April 2024, a 2.03 percent increase since the beginning of the trading day. The stock's lowest day price was 5.38. Sandstorm Gold has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Sandstorm Gold Ltd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 29th of May 2009 | Category Basic Materials |
The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada. The company has 297.93 M outstanding shares of which 6.89 M shares are at this time shorted by private and institutional investors with about 3.03 trading days to cover. More on Sandstorm Gold Ltd
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Sandstorm Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sandstorm Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sandstorm Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nolan Watson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, OMXS 30 Index, OMX Stockholm, OMX Stockholm 30, OMX Stockholm Large, OMX Nordic 40, Aluminum, Heavy Metals, Precious Metals, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Sandstorm Gold report their recommendations after researching Sandstorm Gold's financial statements, talking to executives and customers, or listening in on Sandstorm Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sandstorm Gold. The Sandstorm consensus assessment is calculated by taking the average forecast from all of the analysts covering Sandstorm Gold. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Sandstorm Gold's historical financial statements, Sandstorm Gold Ltd is doing better financially then in previous quarter. It has a moderate likelihood of reporting better financial numbers in May. Financial strength of Sandstorm Gold is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Sandstorm Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sandstorm Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sandstorm Gold's financial leverage. It provides some insight into what part of Sandstorm Gold's total assets is financed by creditors.
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Sandstorm Gold Ltd (SAND) is traded on New York Stock Exchange in USA. It is located in 733 Seymour Street, Vancouver, BC, Canada, V6B 0S6 and employs 23 people. Sandstorm Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.61 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sandstorm Gold's market, we take the total number of its shares issued and multiply it by Sandstorm Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sandstorm Gold conducts business under Metals & Mining sector and is part of Materials industry. The entity has 297.93 M outstanding shares of which 6.89 M shares are at this time shorted by private and institutional investors with about 3.03 trading days to cover.
Sandstorm Gold Ltd currently holds about 23.82 M in cash with 119.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Sandstorm Gold Probability Of Bankruptcy
Ownership AllocationSandstorm Gold shows a total of 297.93 Million outstanding shares. Over half of Sandstorm Gold's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Sandstorm Gold. Please watch out for any change in the institutional holdings of Sandstorm Gold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sandstorm Ownership Details
Sandstorm Stock Price Odds Analysis
What are Sandstorm Gold's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Sandstorm Gold jumping above the current price in 90 days from now is nearly 4.21%. The Sandstorm Gold Ltd probability density function shows the probability of Sandstorm Gold stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.9494. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sandstorm Gold will likely underperform. Additionally, sandstorm Gold Ltd has an alpha of 0.0944, implying that it can generate a 0.0944 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sandstorm Gold to move above the current price in 90 days from now is nearly 4.21 (This Sandstorm Gold Ltd probability density function shows the probability of Sandstorm Stock to fall within a particular range of prices over 90 days) .
Sandstorm Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sandstorm Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sandstorm Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sandstorm Gold's value.| Instituion | Recorded On | Shares | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 1.7 M | |
| Susquehanna International Group, Llp | 2023-12-31 | 1.5 M | |
| Bank Of Montreal | 2023-12-31 | 1.5 M | |
| Bmo Capital Markets Corp. | 2023-12-31 | 1.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | |
| Millennium Management Llc | 2023-12-31 | 1.3 M | |
| Charter Trust Co | 2023-12-31 | 1.2 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.1 M | |
| Penn Capital Management Company Llc | 2023-12-31 | 960.4 K | |
| Orion Resource Partners (usa) Lp | 2023-12-31 | 48 M | |
| Van Eck Associates Corporation | 2023-12-31 | 28.8 M |
Sandstorm Gold Historical Income Statement
Sandstorm Gold Ltd Income Statement is one of the three primary financial statements used for reporting Sandstorm's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sandstorm Gold revenue and expense. Sandstorm Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Sandstorm Gold's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 65.3 M, whereas Income Tax Expense is forecasted to decline to about 3.5 M. View More FundamentalsSandstorm Stock Against Markets
Picking the right benchmark for Sandstorm Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sandstorm Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sandstorm Gold is critical whether you are bullish or bearish towards Sandstorm Gold Ltd at a given time. Please also check how Sandstorm Gold's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Sandstorm Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fundamental AnalysisView fundamental data based on most recent published financial statements |
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Sandstorm Gold Corporate Directors
Sandstorm Gold corporate directors refer to members of a Sandstorm Gold board of directors. The board of directors generally takes responsibility for the Sandstorm Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sandstorm Gold's board members must vote for the resolution. The Sandstorm Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mary Little | Independent Director | Profile | |
| Andrew Swarthout | Independent Director | Profile | |
| John Budreski | Independent Director | Profile | |
| Vera Kobalia | Independent Director | Profile |
How to buy Sandstorm Stock?
Before investing in Sandstorm Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sandstorm Gold. To buy Sandstorm Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sandstorm Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sandstorm Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sandstorm Gold Ltd stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sandstorm Gold Ltd stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sandstorm Gold Ltd, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sandstorm Stock please use our How to Invest in Sandstorm Gold guide.
Already Invested in Sandstorm Gold Ltd?
The danger of trading Sandstorm Gold Ltd is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sandstorm Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sandstorm Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sandstorm Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sandstorm Gold is a strong investment it is important to analyze Sandstorm Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sandstorm Gold's future performance. For an informed investment choice regarding Sandstorm Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Sandstorm Stock analysis
When running Sandstorm Gold's price analysis, check to measure Sandstorm Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandstorm Gold is operating at the current time. Most of Sandstorm Gold's value examination focuses on studying past and present price action to predict the probability of Sandstorm Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandstorm Gold's price. Additionally, you may evaluate how the addition of Sandstorm Gold to your portfolios can decrease your overall portfolio volatility.
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Is Sandstorm Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sandstorm Gold. If investors know Sandstorm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sandstorm Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Dividend Share 0.061 | Earnings Share 0.14 | Revenue Per Share 0.604 | Quarterly Revenue Growth 0.157 |
The market value of Sandstorm Gold is measured differently than its book value, which is the value of Sandstorm that is recorded on the company's balance sheet. Investors also form their own opinion of Sandstorm Gold's value that differs from its market value or its book value, called intrinsic value, which is Sandstorm Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sandstorm Gold's market value can be influenced by many factors that don't directly affect Sandstorm Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sandstorm Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandstorm Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandstorm Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.