
Sandstorm Gold (SAND) Stock Forecast & Price Target
Sandstorm Gold (SAND) Analyst Ratings
Bulls say
Sandstorm Gold Ltd reported a remarkable increase in its average realized gold price, reaching $2,880 per ounce, a 40% year-over-year growth, which significantly contributed to the firm’s record-breaking revenue performance. The company benefits from relatively low cash costs associated with its gold streams and royalties, positioning it favorably amid rising gold prices. Furthermore, Sandstorm's commitment to enhancing its net asset value per share through reduced net debt and share repurchases demonstrates a strategic alignment with shareholder interests.
Bears say
Sandstorm Gold Ltd has faced challenges due to declining gold prices, which negatively impacts revenue generation from its stream and royalty agreements. The company's geographical diversification may not sufficiently mitigate risks related to operational inefficiencies and geopolitical factors that affect its key projects, such as Hod Maden and Santa Elena. Additionally, increasing operational costs and potential financing constraints could hinder profitability and weaken the firm’s financial position moving forward.
This aggregate rating is based on analysts' research of Sandstorm Gold and is not a guaranteed prediction by Public.com or investment advice.
Sandstorm Gold (SAND) Analyst Forecast & Price Prediction
Start investing in Sandstorm Gold (SAND)
Order type
Buy in
Order amount
Est. shares
0 shares