Sandstorm Gold Ltd (TSE:SSL) Earns “Outperform” Rating from National Bank Financial

National Bank Financial restated their outperform rating on shares of Sandstorm Gold Ltd (TSE:SSL) (NASDAQ:SAND) in a report issued on Tuesday, October 17th. National Bank Financial also issued estimates for Sandstorm Gold’s FY2018 earnings at $0.11 EPS.

SSL has been the subject of several other research reports. Canaccord Genuity decreased their price target on Sandstorm Gold from C$10.00 to C$9.50 in a report on Friday, September 29th. Royal Bank Of Canada restated an outperform rating and issued a C$7.50 price objective on shares of Sandstorm Gold in a research note on Monday, July 10th. Finally, CIBC downgraded Sandstorm Gold from an outperform rating to a neutral rating and reduced their price objective for the company from C$6.00 to C$5.50 in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$7.20.

Shares of Sandstorm Gold (TSE:SSL) traded up C$0.02 during trading hours on Tuesday, hitting C$5.62. The stock had a trading volume of 134,554 shares, compared to its average volume of 237,773. Sandstorm Gold has a one year low of C$4.29 and a one year high of C$6.81.

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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.

Analyst Recommendations for Sandstorm Gold (TSE:SSL)

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