Shares of Sandstorm Gold (NYSEAMERICAN:SAND) have been assigned a consensus recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $6.00.

SAND has been the subject of several research analyst reports. Zacks Investment Research raised shares of Sandstorm Gold from a “sell” rating to a “hold” rating in a research note on Saturday, April 7th. BMO Capital Markets set a $5.00 price target on shares of Sandstorm Gold and gave the company a “hold” rating in a research note on Thursday, February 15th. Finally, Scotiabank lifted their price target on shares of Sandstorm Gold from $6.00 to $7.00 and gave the company an “outperform” rating in a research note on Thursday, December 21st.

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Several large investors have recently bought and sold shares of the company. Scotia Capital Inc. grew its position in Sandstorm Gold by 7.7% during the fourth quarter. Scotia Capital Inc. now owns 663,479 shares of the mining company’s stock valued at $3,294,000 after buying an additional 47,719 shares during the period. Two Sigma Investments LP lifted its stake in Sandstorm Gold by 155.2% in the fourth quarter. Two Sigma Investments LP now owns 383,336 shares of the mining company’s stock valued at $1,913,000 after buying an additional 233,122 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Sandstorm Gold by 283.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 29,524 shares of the mining company’s stock valued at $185,000 after buying an additional 21,824 shares during the last quarter. Arias Resource Capital GP Ltd. purchased a new stake in Sandstorm Gold in the fourth quarter valued at approximately $5,925,000. Finally, Alps Advisors Inc. lifted its stake in Sandstorm Gold by 20.2% in the fourth quarter. Alps Advisors Inc. now owns 1,830,943 shares of the mining company’s stock valued at $9,136,000 after buying an additional 307,390 shares during the last quarter.

SAND traded down $0.01 during midday trading on Thursday, hitting $4.71. The company had a trading volume of 334,614 shares, compared to its average volume of 1,542,871. Sandstorm Gold has a 52 week low of $3.18 and a 52 week high of $5.64.

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About Sandstorm Gold

Sandstorm Gold Ltd. operates as a gold streaming and royalty company. It has a portfolio of 174 streams and royalties in Canada, the United States, Australia, Honduras, Brazil, Peru, Chile, Argentina, Australia, Turkey, French Guiana, South Africa, Paraguay, Botswana, Sweden, Mongolia, Mexico, and Cote d'Ivoire.

Analyst Recommendations for Sandstorm Gold (NYSEAMERICAN:SAND)

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