SAND Stock Summary and Trading Ideas (Sandstorm Gold Ltd. Ordinary Shares (Canada) | NYSE:SAND)

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, Platreef, Greenstone, and Cerro Moro.

Sandstorm Gold Ltd. Ordinary Shares (Canada) trades on the NYSE stock market under the symbol SAND.

As of April 19, 2024, SAND stock price climbed to $5.53 with 769,108 million shares trading.

SAND has a beta of 0.83, meaning it tends to be less sensitive to market movements. SAND has a correlation of 0.09 to the broad based SPY ETF.

SAND has a market cap of $1.65 billion. This is considered a Small Cap stock.

Last quarter Sandstorm Gold Ltd. Ordinary Shares (Canada) reported $44 million in Revenue and $.08 earnings per share. This beat revenue expectation by $728,000 and exceeded earnings estimates by $.06.

In the last 3 years, SAND stock traded as high as $9.31 and as low as $3.96.

The top ETF exchange traded funds that SAND belongs to (by Net Assets): GDX, GDXJ, INFL, GOAU, DISV.

SAND stock has underperformed the market in the last year with a return of -5.3%, while SPY returned +21.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SAND shares. However, SAND has outperformed the market in the last 3 month and 2 week periods, returning +18.5% and +3.4%, while SPY returned +4.7% and -3.1%, respectively. This indicates SAND has been having a stronger performance recently.

SAND support price is $5.26 and resistance is $5.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SAND stock will trade within this expected range on the day.