Sandstorm Gold Ltd (NYSEMKT:SAND) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday.

Other research analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Sandstorm Gold from a “hold” rating to a “buy” rating and set a $5.00 price target for the company in a research note on Saturday, October 21st. BidaskClub cut shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Sandstorm Gold currently has an average rating of “Hold” and an average price target of $5.67.

Shares of Sandstorm Gold (SAND) opened at $4.38 on Tuesday. Sandstorm Gold has a one year low of $3.18 and a one year high of $5.18.

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About Sandstorm Gold

Sandstorm Gold Ltd is a Canada-based company engaged in providing financing to mining companies. The Company focuses on acquiring gold and other metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company operates in the segments of Bachelor Lake, Black Fox, Chapada Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate.

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