Sandstorm Gold Ltd (NYSEMKT:SAND) Downgraded by BidaskClub to “Hold”

BidaskClub downgraded shares of Sandstorm Gold Ltd (NYSEMKT:SAND) from a buy rating to a hold rating in a report released on Wednesday, October 18th.

Separately, ValuEngine lowered shares of Sandstorm Gold from a hold rating to a sell rating in a research report on Tuesday, June 27th.

Sandstorm Gold (NYSEMKT SAND) traded up $0.01 during mid-day trading on Wednesday, reaching $4.41. 1,410,000 shares of the company’s stock were exchanged, compared to its average volume of 1,020,000. Sandstorm Gold has a fifty-two week low of $3.18 and a fifty-two week 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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