What Will Happen to Sandstorm Gold Ltd Next? The Stock Just Declined A Lot

 What Will Happen to Sandstorm Gold Ltd Next? The Stock Just Declined A Lot

The stock of Sandstorm Gold Ltd (TSE:SSL) is a huge mover today! The stock decreased 3.44% or $0.23 on November 2, hitting $6.45. About 602,552 shares traded hands or 20.61% up from the average. Sandstorm Gold Ltd (TSE:SSL) has risen 54.63% since March 29, 2016 and is uptrending. It has outperformed by 52.11% the S&P500.
The move comes after 8 months negative chart setup for the $1000.00M company. It was reported on Nov, 2 by Barchart.com. We have $6.13 PT which if reached, will make TSE:SSL worth $50.00M less.

More important recent Sandstorm Gold Ltd (TSE:SSL) news were published by: Fool.ca which released: “3 Reason to Buy Sandstorm Gold Ltd.” on August 11, 2016, also Marketwired.com published article titled: “Sandstorm Gold Announces Bought Deal Financing”, Seekingalpha.com published: “Sandstorm Gold: The Pullback I’ve Been Waiting For” on September 29, 2016. More interesting news about Sandstorm Gold Ltd (TSE:SSL) was released by: Fool.ca and their article: “Sandstorm Gold Ltd. Is Coming Back to Life” with publication date: June 20, 2016.

Sandstorm Gold Ltd. is engaged in providing financing alternatives to mining companies. The company has a market cap of $1000.00 million. The Firm focuses on acquiring gold and other precious metal purchase agreements , and royalties from companies that have advanced stage development projects or operating mines. It currently has negative earnings. It operates in the divisions of Bachelor Lake, Black Fox, Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.

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