In the last trading session, 43.27 million shares of the Sandstorm Gold Ltd (NYSE:SAND) were traded, and its beta was 0.47. Most recently the company’s share price was $10.24, and it changed around $0.61 or 6.33% from the last close, which brings the market valuation of the company to $3.00B. SAND currently trades at a discount to its 52-week high of $9.69, offering almost 5.37% off that amount. The share price’s 52-week low was $4.92, which indicates that the current value has risen by an impressive 51.95% since then. We note from Sandstorm Gold Ltd’s average daily trading volume that its 10-day average is 8.35 million shares, with the 3-month average coming to 5.32 million.
Sandstorm Gold Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 1 recommended SAND as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
Sandstorm Gold Ltd (NYSE:SAND) trade information
Instantly SAND has showed a green trend with a performance of 6.33% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.44 on recent trading dayincreased the stock’s daily price by 1.92%. The company’s shares are currently up 86.18% year-to-date, but still up 13.40% over the last five days. On the other hand, Sandstorm Gold Ltd (NYSE:SAND) is 9.17% up in the 30-day period. We can see from the shorts that 4.31 million shares have been sold at a short interest cover period of 0.88 day(s).
The consensus price target as assigned by Wall Street analysts is $9.75, which translates to bulls needing to decrease their stock price by -5.03% from its current value. Analyst projections state that SAND is forecast to be at a low of $9.75 and a high of $9.75.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.26%. Sandstorm Gold Ltd earnings are expected to increase by 264.62% in 2025, but the outlook is positive 73.07% per year for the next five years.
SAND Dividends
Sandstorm Gold Ltd’s next quarterly earnings report is expected to be released on 2025-May-06. The annual dividend yield of the stock is 0.56 percent and its annual dividend per share was 0.06. It is important to note, however, that the 0.56% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Sandstorm Gold Ltd (NYSE:SAND)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.23% of Sandstorm Gold Ltd shares, and 64.14% of them are in the hands of institutional investors. The stock currently has a share float of 64.94%. Sandstorm Gold Ltd stock is held by 311.0 institutions, with ORION RESOURCE PARTNERS LP being the largest institutional investor. By 2024-06-30, it held 16.1068% of the shares, which is about 47.97 million shares worth $260.96 million.
VAN ECK ASSOCIATES CORP, with 8.9401% or 26.63 million shares worth $144.85 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
