FY2017 EPS Estimates for Sandstorm Gold Ltd (SSL) Cut by National Bank Financial
Sandstorm Gold Ltd (TSE:SSL) – National Bank Financial dropped their FY2017 earnings per share (EPS) estimates for Sandstorm Gold in a research report issued to clients and investors on Wednesday. National Bank Financial analyst S. Nagle now expects that the firm will post earnings per share of $0.09 for the year, down from their previous forecast of $0.13.
A number of other brokerages also recently commented on SSL. Raymond James Financial Inc. lifted their price objective on Sandstorm Gold from C$6.75 to C$7.25 in a research report on Thursday, July 7th. TD Securities lifted their price objective on Sandstorm Gold from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research report on Thursday, August 4th. Canaccord Genuity lifted their price objective on Sandstorm Gold from C$8.00 to C$9.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. Finally, CIBC lifted their price objective on Sandstorm Gold from C$7.50 to C$8.50 in a research report on Saturday, August 6th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Sandstorm Gold has a consensus rating of “Buy” and an average price target of C$7.41.
Sandstorm Gold (TSE:SSL) traded up 1.70% during trading on Monday, hitting $6.59. The stock had a trading volume of 261,835 shares. The company’s market cap is $991.14 million. Sandstorm Gold has a one year low of $2.82 and a one year high of $8.73. The firm has a 50 day moving average of $6.97 and a 200-day moving average of $6.24.
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