Sandstorm Gold Ltd Stock Buy Hold or Sell Recommendation
| SAND Stock | USD 5.26 0.26 4.71% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sandstorm Gold Ltd is 'Strong Hold'. Macroaxis provides Sandstorm Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SAND positions. The advice algorithm takes into account all of Sandstorm Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sandstorm Gold's buy or sell advice are summarized below:
Real Value 6.42 | Target Price 7.84 | Hype Value 5.22 | Market Value 5.26 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sandstorm Gold Ltd given historical horizon and risk tolerance towards Sandstorm Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Sandstorm Gold Ltd, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sandstorm |
Execute Sandstorm Gold Buy or Sell Advice
The Sandstorm recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sandstorm Gold Ltd. Macroaxis does not own or have any residual interests in Sandstorm Gold Ltd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sandstorm Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sandstorm Gold Trading Alerts and Improvement Suggestions
| About 63.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Is Sandstorm Gold Ltd.s Recent Stock Performance Influenced By Its Fundamentals In Any Way |
Sandstorm Gold Returns Distribution Density
The distribution of Sandstorm Gold's historical returns is an attempt to chart the uncertainty of Sandstorm Gold's future price movements. The chart of the probability distribution of Sandstorm Gold daily returns describes the distribution of returns around its average expected value. We use Sandstorm Gold Ltd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sandstorm Gold returns is essential to provide solid investment advice for Sandstorm Gold.
| Mean Return | 0.21 | Value At Risk | -2.85 | Potential Upside | 4.00 | Standard Deviation | 2.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sandstorm Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sandstorm Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sandstorm Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sandstorm Gold Ltd backward and forwards among themselves. Sandstorm Gold's institutional investor refers to the entity that pools money to purchase Sandstorm Gold's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | 106.8M | (97.6M) | (9.1M) | (2.0M) | (1.9M) | |
| Free Cash Flow | (3.9M) | 62.1M | (71.6M) | (513.9M) | 97.9M | 102.7M | |
| Other Non Cash Items | 3.3M | 1.9M | 2.7M | (39.0M) | (5.4M) | (5.1M) | |
| Capital Expenditures | 61.3M | 3.5M | 152.7M | 620.8M | 21.3M | 20.3M | |
| Net Income | 16.4M | 13.8M | 27.6M | 78.5M | 42.5M | 44.6M | |
| End Period Cash Flow | 7.0M | 113.8M | 16.2M | 7.0M | 5.0M | 4.7M | |
| Depreciation | 31.4M | 39.3M | 32.9M | 60.2M | 77.3M | 81.2M | |
| Investments | (65.0M) | 33.7M | 8.8M | (612.7M) | (22.2M) | (23.3M) | |
| Change To Netincome | 4.5M | 19.9M | 19.3M | (29.9M) | (26.9M) | (25.5M) |
Sandstorm Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sandstorm Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sandstorm Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sandstorm stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 1.81 | |
σ | Overall volatility | 2.59 | |
Ir | Information ratio | 0.05 |
Sandstorm Gold Volatility Alert
Sandstorm Gold Ltd currently demonstrates below-average downside deviation. It has Information Ratio of 0.05 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sandstorm Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sandstorm Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sandstorm Gold Fundamentals Vs Peers
Comparing Sandstorm Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sandstorm Gold's direct or indirect competition across all of the common fundamentals between Sandstorm Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sandstorm Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sandstorm Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sandstorm Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sandstorm Gold to competition |
| Fundamentals | Sandstorm Gold | Peer Average |
| Return On Equity | 0.0295 | -0.31 |
| Return On Asset | 0.019 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 1.99 B | 16.62 B |
| Shares Outstanding | 297.93 M | 571.82 M |
| Shares Owned By Insiders | 1.23 % | 10.09 % |
| Shares Owned By Institutions | 62.54 % | 39.21 % |
| Number Of Shares Shorted | 6.89 M | 4.71 M |
| Price To Earning | 34.67 X | 28.72 X |
| Price To Book | 1.12 X | 9.51 X |
| Price To Sales | 8.95 X | 11.42 X |
| Revenue | 182.93 M | 9.43 B |
| Gross Profit | 117.93 M | 27.38 B |
| EBITDA | 139.54 M | 3.9 B |
| Net Income | 42.48 M | 570.98 M |
| Cash And Equivalents | 23.82 M | 2.7 B |
| Cash Per Share | 0.12 X | 5.01 X |
| Total Debt | 451.23 M | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 2.49 X | 2.16 X |
| Book Value Per Share | 4.80 X | 1.93 K |
| Cash Flow From Operations | 119.18 M | 971.22 M |
| Short Ratio | 3.03 X | 4.00 X |
| Earnings Per Share | 0.14 X | 3.12 X |
| Target Price | 7.7 | |
| Beta | 1.09 | -0.15 |
| Market Capitalization | 1.57 B | 19.03 B |
| Total Asset | 1.92 B | 29.47 B |
| Retained Earnings | 122.29 M | 9.33 B |
| Working Capital | 37.59 M | 1.48 B |
| Current Asset | 9.22 M | 9.34 B |
| Current Liabilities | 3.63 M | 7.9 B |
Sandstorm Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sandstorm . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Sandstorm Gold Buy or Sell Advice
When is the right time to buy or sell Sandstorm Gold Ltd? Buying financial instruments such as Sandstorm Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 7.3M | 19.0M | 16.1M | 16.9M | Total Assets | 620.9M | 2.0B | 1.9B | 2.0B |
Use Investing Ideas to Build Portfolios
In addition to having Sandstorm Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Check out Sandstorm Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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.