Sandstorm Gold Ltd Stock Today

SSL Stock  CAD 8.11  0.15  1.88%   

Performance

3 of 100

 
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Odds Of Distress

Less than 1

 
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Sandstorm Gold is selling at 8.11 as of the 21st of November 2024; that is 1.88% increase since the beginning of the trading day. The stock's open price was 7.96. Sandstorm Gold has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Sandstorm Gold Ltd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 296.84 M outstanding shares of which 3.7 M shares are at this time shorted by private and institutional investors with about 7.42 days to cover all short positions. More on Sandstorm Gold Ltd

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Sandstorm Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sandstorm Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sandstorm Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEONolan Watson
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Sandstorm Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sandstorm Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Sandstorm Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sandstorm Gold's financial leverage. It provides some insight into what part of Sandstorm Gold's total assets is financed by creditors.
Liquidity
Sandstorm Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Sandstorm Gold Ltd has accumulated 435 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Sandstorm Gold has a current ratio of 10.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Sandstorm Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Sandstorm Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sandstorm Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sandstorm to invest in growth at high rates of return. When we think about Sandstorm Gold's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

160.39 Million
Sandstorm Gold Ltd (SSL) is traded on Toronto Exchange in Canada and employs 18 people. Sandstorm Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sandstorm Gold's market, we take the total number of its shares issued and multiply it by Sandstorm Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sandstorm Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 296.84 M outstanding shares of which 3.7 M shares are at this time shorted by private and institutional investors with about 7.42 days to cover all short positions. Sandstorm Gold Ltd has accumulated about 7.03 M in cash with 152.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check Sandstorm Gold Probability Of Bankruptcy
Ownership Allocation
Sandstorm Gold shows a total of 296.84 Million outstanding shares. Over half of Sandstorm Gold's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Sandstorm Gold. Please watch out for any change in the institutional holdings of Sandstorm Gold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sandstorm Ownership Details

Sandstorm Gold Risk Profiles

Although Sandstorm Gold's alpha and beta are two of the key measurements used to evaluate Sandstorm Gold's performance over the market, the standard measures of volatility play an important role as well.

Sandstorm Stock Against Markets

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Sandstorm Gold Corporate Directors

Mary LittleIndependent DirectorProfile
Andrew SwarthoutIndependent DirectorProfile
John BudreskiIndependent DirectorProfile
Vera KobaliaIndependent DirectorProfile
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.