Sandstorm Gold Ltd (TSE:SSL) was upgraded by analysts at Canaccord Genuity from a “hold” rating to a “buy” rating in a report released on Monday.
Other equities research analysts have also recently issued reports about the company. TD Securities raised their target price on Sandstorm Gold from C$8.50 to C$9.50 and gave the company a “buy” rating in a research report on Thursday, August 4th. Raymond James Financial Inc. raised their target price on Sandstorm Gold from C$7.25 to C$8.50 in a research report on Friday, September 23rd. BMO Capital Markets began coverage on Sandstorm Gold in a research report on Thursday, June 16th. They set a “market perform” rating and a C$4.50 target price on the stock. National Bank Financial raised their target price on Sandstorm Gold from C$7.50 to C$8.50 in a research report on Wednesday, July 13th. Finally, CIBC restated an “outperform” rating and set a C$7.50 target price on shares of Sandstorm Gold in a research report on Monday, July 11th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Sandstorm Gold has an average rating of “Buy” and an average price target of C$7.14.
Shares of Sandstorm Gold (TSE:SSL) opened at 6.08 on Monday. The stock’s market capitalization is $914.43 million. Sandstorm Gold has a one year low of $2.82 and a one year high of $8.73. The stock has a 50 day moving average price of $7.43 and a 200 day moving average price of $6.12.
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