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

Shares of Sandstorm Gold Ltd. (TSE:SSL) were down 2.1% during trading on Thursday . The stock traded as low as C$15.00 and last traded at C$16.15. Approximately 842,727 shares traded hands 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 Stock Down 2.1%

The company has a debt-to-equity ratio of 22.06, a current ratio of 2.40 and a quick ratio of 1.17. The stock has a market capitalization of C$4.73 billion, a P/E ratio of 134.58, a PEG ratio of 0.90 and a beta of 0.70. The stock’s fifty day moving average is C$16.15 and its two-hundred day moving average is C$16.29.

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.