Sandstorm Gold Ltd (SSL) Stock Rating Reaffirmed by TD Securities
Sandstorm Gold Ltd (TSE:SSL)‘s stock had its “buy” rating restated by research analysts at TD Securities in a research report issued to clients and investors on Thursday. They currently have a C$9.50 price objective on the stock. TD Securities’ price objective points to a potential upside of 87.01% from the company’s current price.
SSL has been the topic of several other research reports. Canaccord Genuity upgraded Sandstorm Gold from a “hold” rating to a “buy” rating in a research report on Monday, October 3rd. 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. CIBC raised their target price on Sandstorm Gold from C$7.50 to C$8.50 in a research report on Saturday, August 6th. Finally, 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. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of C$7.41.
Shares of Sandstorm Gold (TSE:SSL) opened at 5.08 on Thursday. The company’s market capitalization is $764.03 million. The company’s 50-day moving average is $6.30 and its 200-day moving average is $6.41. Sandstorm Gold has a one year low of $2.82 and a one year high of $8.73.
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