A new trading day began on Friday, with Sandstorm Gold Ltd (NYSE: SAND) stock price down -2.22% from the previous day of trading, before settling in for the closing price of $6.30. SAND’s price has ranged from $3.96 to $6.50 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 20.00%. Meanwhile, its annual earnings per share averaged -34.01%. With a float of $258.45 million, this company’s outstanding shares have now reached $297.67 million.
The extent of productivity of a business whose workforce counts for 27 workers is very important to gauge. In terms of profitability, gross margin is 48.14%, operating margin of 35.28%, and the pretax margin is 26.89%.
Sandstorm Gold Ltd (SAND) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Sandstorm Gold Ltd is 13.09%, while institutional ownership is 52.05%. The most recent insider transaction that took place on Oct 18 ’24, was worth 14,061,305. Before that another transaction happened on Oct 18 ’24, when Company’s 10% Owner proposed sale 8,266,177 for $8.11, making the entire transaction worth $67,038,695.
Sandstorm Gold Ltd (SAND) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.01% per share during the next fiscal year.
Sandstorm Gold Ltd (NYSE: SAND) Trading Performance Indicators
Here are Sandstorm Gold Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.78. Likewise, its price to free cash flow for the trailing twelve months is 21.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.19 in one year’s time.
Technical Analysis of Sandstorm Gold Ltd (SAND)
The latest stats from [Sandstorm Gold Ltd, SAND] show that its last 5-days average volume of 4.46 million was superior to 2.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.17%. Additionally, its Average True Range was 0.19.
During the past 100 days, Sandstorm Gold Ltd’s (SAND) raw stochastic average was set at 78.48%, which indicates a significant increase from 59.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.81% in the past 14 days, which was higher than the 31.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.90, while its 200-day Moving Average is $5.37. Now, the first resistance to watch is $6.25. This is followed by the second major resistance level at $6.34. The third major resistance level sits at $6.40. If the price goes on to break the first support level at $6.10, it is likely to go to the next support level at $6.05. The third support level lies at $5.96 if the price breaches the second support level.
Sandstorm Gold Ltd (NYSE: SAND) Key Stats
With a market capitalization of 1.83 billion, the company has a total of 297,835K Shares Outstanding. Currently, annual sales are 179,640 K while annual income is 41,720 K. The company’s previous quarter sales were 41,370 K while its latest quarter income was 10,030 K.
