TD Securities Maintains a Buy Rating on Sandstorm Gold (SSL)

By Ryan Adsit

The Financial sector company, Sandstorm Gold (SSLResearch Report), has received a rating update from a Wall Street analyst today. Analyst Daniel Earle from TD Securities remains bullish on the stock and has a C$7.50 price target.

According to TipRanks.com, Earle is ranked 0 out of 5 stars with an average return of -11.0% and a 23.1% success rate. Earle covers the Basic Materials sector, focusing on stocks such as Detour Gold Corporation, First Majestic Silver, and Guyana Goldfields Inc.

Currently, the analyst consensus on Sandstorm Gold is a Moderate Buy with an average price target of C$8.25.

The company has a one-year high of C$6.95 and a one-year low of C$4.60. Currently, Sandstorm Gold has an average volume of 401.7K.

Sandstorm Gold Ltd. engages in the acquisition of gold and other metals purchase agreements and royalties. It operates through the following segments: Bachelor Lake, Black Fox, Bracemac-McLeod, Chapada, Diavik, Hounde, Karma, Ming, Santa Elena, and Yamana Silver Stream.

The company’s shares closed on Thursday at C$5.13.