Exclusive: Is Sandstorm Gold Ltd a Sell? The Stock Declines Again

Exclusive: Is Sandstorm Gold Ltd a Sell? The Stock Declines Again

The stock of Sandstorm Gold Ltd (NYSEMKT:SAND) is a huge mover today! The stock decreased 2.23% or $0.09 on November 16, hitting $3.94. About 1.93 million shares traded hands or 7.82% up from the average. Sandstorm Gold Ltd (NYSEMKT:SAND) has risen 5.22% since April 14, 2016 and is uptrending. It has outperformed by 0.54% the S&P500.
The move comes after 5 months negative chart setup for the $613.54 million company. It was reported on Nov, 16 by Barchart.com. We have $3.66 PT which if reached, will make NYSEMKT:SAND worth $42.95 million less.

According to Zacks Investment Research, “Sandstorm Gold Ltd. is a gold streaming company engaged in providing upfront financing for gold mining companies. It focuses on completing gold purchase agreements with gold mining companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. is headquartered in Vancouver, Canada.”

More news for Sandstorm Gold Ltd (NYSEMKT:SAND) were recently published by: Seekingalpha.com, which released: “Sandstorm Gold: What To Do Now” on November 10, 2016. Fool.ca‘s article titled: “3 Reason to Buy Sandstorm Gold Ltd.” and published on August 11, 2016 is yet another important article.

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