Sandstorm Gold Ltd (SAND) 20 Days SMA touches -10.10%: The odds favor the bear

A new trading day began on Monday, with Sandstorm Gold Ltd (NYSE: SAND) stock price down -5.20% from the previous day of trading, before settling in for the closing price of $5.77. SAND’s price has ranged from $3.96 to $6.50 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 20.00%. Meanwhile, its annual earnings per share averaged -38.31%. With a float of $264.27 million, this company’s outstanding shares have now reached $297.67 million.

Considering the fact that the conglomerate employs 27 people, you should pay attention to its efficiency factor. 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 Activity

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 11.14%, while institutional ownership is 50.92%. The most recent insider transaction that took place on Oct 28 ’24, was worth 5,788,195. Before that another transaction happened on Oct 28 ’24, when Company’s Stockholder (1) proposed sale 3,223,809 for $8.56, making the entire transaction worth $27,595,805.

Sandstorm Gold Ltd (SAND) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.08 per share, which was $0.1 higher 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 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -38.31% 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 2.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.87. Likewise, its price to free cash flow for the trailing twelve months is 24.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.20 in one year’s time.

Technical Analysis of Sandstorm Gold Ltd (SAND)

Compared to the last year’s volume of 2.39 million, its volume of 5.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.15%. Additionally, its Average True Range was 0.24.

During the past 100 days, Sandstorm Gold Ltd’s (SAND) raw stochastic average was set at 34.81%, which indicates a significant increase from 6.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.34% in the past 14 days, which was higher than the 34.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.99, while its 200-day Moving Average is $5.44. Nevertheless, the first resistance level for the watch stands at $5.59 in the near term. At $5.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.81. If the price goes on to break the first support level at $5.37, it is likely to go to the next support level at $5.28. Should the price break the second support level, the third support level stands at $5.15.

Sandstorm Gold Ltd (NYSE: SAND) Key Stats

With a market capitalization of 2.06 billion, the company has a total of 296,844K 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.