You can exercise Sandstorm Gold fundamental data analysis to find out if markets are presently mispricing the firm. We were able to break down and interpolate thirty-six available drivers for Sandstorm Gold Ltd, which can be compared to its competition. The stock experiences a large bullish trend. Check odds of Sandstorm Gold to be traded at C$8.92 in 90 days. Key indicators impacting Sandstorm Gold's financial strength include:
Understanding current and past Sandstorm Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sandstorm Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Sandstorm Gold's assets may result in an increase in income on the income statement.
Sandstorm Gold competes with Osisko Gold, Wheaton Precious, Seabridge Gold, MAG Silver, and SSR Mining. It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada. SANDSTORM GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Sandstorm Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sandstorm Stock, because this is throwing your money away. Analyzing the key information contained in Sandstorm Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sandstorm Gold Key Financial Ratios
Sandstorm Gold's financial ratios allow both analysts and investors to convert raw data from Sandstorm Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Sandstorm Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Sandstorm Gold's current stock value. Our valuation model uses many indicators to compare Sandstorm Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sandstorm Gold competition to find correlations between indicators driving Sandstorm Gold's intrinsic value. More Info.
Sandstorm Gold Ltd is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.82 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sandstorm Gold Ltd is roughly 1.22 . At this time, Sandstorm Gold's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Sandstorm Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sandstorm Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Sandstorm Gold Systematic Risk
Sandstorm Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sandstorm Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Sandstorm Gold correlated with the market. If Beta is less than 0 Sandstorm Gold generally moves in the opposite direction as compared to the market. If Sandstorm Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sandstorm Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sandstorm Gold is generally in the same direction as the market. If Beta > 1 Sandstorm Gold moves generally in the same direction as, but more than the movement of the benchmark.
Sandstorm Gold Ltd Total Assets Over Time
Today, most investors in Sandstorm Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sandstorm Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sandstorm Gold growth as a starting point in their analysis.
Sandstorm Gold November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sandstorm Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sandstorm Gold Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sandstorm Gold Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Sandstorm Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sandstorm Gold's daily price indicators and compare them against related drivers.
When determining whether Sandstorm Gold is a strong investment it is important to analyze Sandstorm Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sandstorm Gold's future performance. For an informed investment choice regarding Sandstorm Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between Sandstorm Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandstorm Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandstorm Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.