Sandstorm Gold (TSE:SSL) Stock Price Down 2.1% – Here’s What Happened

Sandstorm Gold Ltd. (TSE:SSL)’s share price was down 2.1% on Thursday . The company traded as low as C$15.00 and last traded at C$16.15. Approximately 842,727 shares were traded during trading, an increase of 16% from the average daily volume of 726,460 shares. The stock had previously closed at C$16.50.

Sandstorm Gold Price Performance

The company has a quick ratio of 1.17, a current ratio of 2.29 and a debt-to-equity ratio of 26.44. The stock’s 50-day moving average is C$16.15 and its 200-day moving average is C$16.15. The firm has a market cap of C$4.73 billion, a P/E ratio of 134.58, a price-to-earnings-growth ratio of 0.90 and a beta of 0.70.

About Sandstorm Gold

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through 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, and Cerro Moro.