Could Sandstorm Gold Ltd Decline After Today’s Huge Increase?

 Could Sandstorm Gold Ltd Decline After Today's Huge Increase?

The stock of Sandstorm Gold Ltd (TSE:SSL) is a huge mover today! About 653,663 shares traded hands or 28.38% up from the average. Sandstorm Gold Ltd (TSE:SSL) has risen 9.72% since April 8, 2016 and is uptrending. It has outperformed by 4.74% the S&P500.
The move comes after 6 months positive chart setup for the $717.91 million company. It was reported on Nov, 14 by Barchart.com. We have $8.68 PT which if reached, will make TSE:SSL worth $459.46 million more.

More important recent Sandstorm Gold Ltd (TSE:SSL) news were published by: Seekingalpha.com which released: “Sandstorm Gold: What To Do Now” on November 10, 2016, also Fool.ca published article titled: “3 Reason to Buy Sandstorm Gold Ltd.”, Marketwired.com published: “Sandstorm Gold Announces Bought Deal Financing” on June 27, 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 $717.91 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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