Sandstorm Gold Ltd (SSL) Receives C$7.35 Consensus Price Target from Brokerages
Sandstorm Gold Ltd (TSE:SSL) has received an average rating of “Buy” from the eight research firms that are covering the company. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$7.41.
Several brokerages have recently weighed in on SSL. Canaccord Genuity raised Sandstorm Gold from a “hold” rating to a “buy” rating in a research note on Monday, October 3rd. TD Securities reaffirmed a “buy” rating and set a C$9.50 target price on shares of Sandstorm Gold in a research note on Thursday. CIBC upped their target price on Sandstorm Gold from C$7.50 to C$8.50 in a research note on Saturday, August 6th. Finally, Raymond James Financial Inc. upped their target price on Sandstorm Gold from C$7.25 to C$8.50 in a research note on Friday, September 23rd.
Shares of Sandstorm Gold (TSE:SSL) opened at 5.08 on Wednesday. The company’s market capitalization is $764.03 million. The company has a 50-day moving average price of $6.30 and a 200-day moving average price of $6.41. 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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