Let’s look at the key reasons that are pushing Sandstorm Gold Ltd (SAND) to new highs

On Tuesday, Sandstorm Gold Ltd (NYSE: SAND) opened lower -0.34% from the last session, before settling in for the closing price of $5.82. Price fluctuations for SAND have ranged from $3.96 to $6.50 over the past 52 weeks.

During the last 5-year period, the sales growth of Basic Materials Sector giant was 20.00%. Company’s average yearly earnings per share was noted -37.66% at the time writing. With a float of $263.78 million, this company’s outstanding shares have now reached $297.67 million.

Let’s determine the extent of company efficiency that accounts for 27 employees. In terms of profitability, gross margin is 50.47%, operating margin of 26.41%, and the pretax margin is 30.36%.

Sandstorm Gold Ltd (SAND) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Sandstorm Gold Ltd is 11.14%, while institutional ownership is 53.01%. 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) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.04 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.02) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -37.66% per share during the next fiscal year.

Sandstorm Gold Ltd (NYSE: SAND) Trading Performance Indicators

Check out the current performance indicators for Sandstorm Gold Ltd (SAND). In the past quarter, the stock posted a quick ratio of 2.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.93. Likewise, its price to free cash flow for the trailing twelve months is 20.15.

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 0.21 in one year’s time.

Technical Analysis of Sandstorm Gold Ltd (SAND)

Looking closely at Sandstorm Gold Ltd (NYSE: SAND), its last 5-days average volume was 3.3 million, which is a jump from its year-to-date volume of 2.42 million. As of the previous 9 days, the stock’s Stochastic %D was 85.43%. Additionally, its Average True Range was 0.19.

During the past 100 days, Sandstorm Gold Ltd’s (SAND) raw stochastic average was set at 55.70%, which indicates a significant increase from 44.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.38% in the past 14 days, which was higher than the 35.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.95, while its 200-day Moving Average is $5.50. However, in the short run, Sandstorm Gold Ltd’s stock first resistance to watch stands at $5.84. Second resistance stands at $5.88. The third major resistance level sits at $5.93. If the price goes on to break the first support level at $5.75, it is likely to go to the next support level at $5.70. Now, if the price goes above the second support level, the third support stands at $5.66.

Sandstorm Gold Ltd (NYSE: SAND) Key Stats

There are currently 296,844K shares outstanding in the company with a market cap of 1.72 billion. Presently, the company’s annual sales total 179,640 K according to its annual income of 41,720 K. Last quarter, the company’s sales amounted to 44,700 K and its income totaled 5,400 K.