The stock of Sandstorm Gold Ltd (NYSEMKT:SAND) is a huge mover today! About 718,914 shares traded hands. Sandstorm Gold Ltd (NYSEMKT:SAND) has risen 45.67% since April 5, 2016 and is uptrending. It has outperformed by 43.72% the S&P500.
The move comes after 5 months positive chart setup for the $710.97 million company. It was reported on Nov, 8 by Barchart.com. We have $7.77 PT which if reached, will make NYSEMKT:SAND worth $476.35M more.
Analysts await Sandstorm Gold Ltd (NYSEMKT:SAND) to report earnings on November, 10. They expect $0.01 earnings per share, up 120.00% or $0.06 from last year’s $-0.05 per share. SAND’s profit will be $1.53 million for 116.25 P/E if the $0.01 EPS becomes a reality. After $0.04 actual earnings per share reported by Sandstorm Gold Ltd for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.
According to Zacks Investment Research, “Sandstorm Gold Ltd. is a gold streaming company engaged in providing upfront financing for gold mining companies. It focuses on completing gold purchase agreements with gold mining companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. is headquartered in Vancouver, Canada.”
More news for Sandstorm Gold Ltd (NYSEMKT:SAND) were recently published by: Fool.ca, which released: “3 Reason to Buy Sandstorm Gold Ltd.” on August 11, 2016. Marketwired.com‘s article titled: “Sandstorm Gold Announces Bought Deal Financing” and published on June 27, 2016 is yet another important article.
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