Sandstorm Gold (SSL) has received a rating update from a Wall Street analyst today. The company received a Buy rating from Canaccord Genuity’s analyst Carey MacRury, with a C$10.50 price target.
According to TipRanks.com, MacRury is a top 100 analyst with an average return of 18.0% and a 80.0% success rate. MacRury covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Osisko Gold Royalties Ltd, and Barrick Gold Corporation.
Sandstorm Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$9.50.
Sandstorm Gold’s market cap is currently C$1.49B and has a P/E ratio of 182.3. The company has a Price to Book ratio of 1.97.
Sandstorm Gold Ltd. engages in the acquisition of gold and other metals purchase agreements and royalties. It operates through the following segments: Bachelor Lake, Black Fox, Bracemac-McLeod, Chapada, Diavik, Hounde, Karma, Ming, Santa Elena, and Yamana Silver Stream.
The company’s shares closed on Friday at C$8.52.
