Shares of Sandstorm Gold Ltd (TSE:SSL) have been assigned a consensus rating of “Buy” from the nine ratings firms that are covering the company. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is C$6.91.

Several analysts have weighed in on the company. Canaccord Genuity raised Sandstorm Gold from a “hold” rating to a “buy” rating in a report on Monday, October 3rd. Raymond James Financial Inc. boosted their price objective on Sandstorm Gold from C$7.25 to C$8.50 in a report on Friday, September 23rd. CIBC boosted their price objective on Sandstorm Gold from C$7.50 to C$8.50 in a report on Saturday, August 6th. TD Securities boosted their price objective on Sandstorm Gold from C$8.50 to C$9.50 and gave the stock a “buy” rating in a report on Thursday, August 4th. Finally, National Bank Financial boosted their price objective on Sandstorm Gold from C$7.50 to C$8.50 in a report on Wednesday, July 13th.

Shares of Sandstorm Gold (TSE:SSL) opened at 6.00 on Wednesday. The company’s 50 day moving average is $7.23 and its 200 day moving average is $6.13. The firm’s market capitalization is $902.40 million. Sandstorm Gold has a 12-month low of $2.82 and a 12-month high of $8.73.

About Sandstorm Gold

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