There is no way Sandstorm Gold Ltd (SAND) can keep these numbers up

With 2.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.6 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $5.64 whereas the lowest price it dropped to was $5.54. The 52-week range on SAND shows that it touched its highest point at $6.24 and its lowest point at $3.96 during that stretch. It currently has a 1-year price target of $7.51. With its current market cap of 1.68 billion, SAND has annualized dividend of $0.06 while the current yield stands at 1.05%. Beta for the stock currently stands at 1.09.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAND was up-trending over the past week, with a rise of 1.99%, but this was up by 9.53% over a month. Three-month performance surged to 20.56% while six-month performance rose 22.13%. The stock lost -2.76% in the past year, while it has gained 11.93% so far this year. A look at the trailing 12-month EPS for SAND yields 0.14 with Next year EPS estimates of 0.14. For the next quarter, that number is 0.01. This implies an EPS growth rate of -34.86% for this year and 49.59% for next year.

Float and Shares Shorts:

At present, 297.67 million SAND shares are outstanding with a float of 246.24 million shares on hand for trading. On 2024-04-15, short shares totaled 6.57 million, which was 221.0 higher than short shares on 1710460800. In addition to Mr. Nolan Allan Watson BComm, CA, CFA, F.C.A., FCPA as the firm’s Co-Founder, President, CEO & Non-Independent Director, Mr. David I. Awram B.Sc. serves as its Co-Founder, Senior Executive VP & Non-Independent Director.

Institutional Ownership:

Through their ownership of 0.62568 of SAND’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, SAND reported revenue of $44498000.0 and operating income of $14866000.0. The EBITDA in the recently reported quarter was $33940000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAND since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.