Sandstorm Gold Ltd Stock Price on December 2, 2024

SSL Stock  CAD 8.04  0.03  0.37%   
Below is the normalized historical share price chart for Sandstorm Gold Ltd extending back to August 13, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sandstorm Gold stands at 8.04, as last reported on the 11th of December 2024, with the highest price reaching 8.29 and the lowest price hitting 8.01 during the day.
200 Day MA
7.6372
50 Day MA
8.1628
Beta
1.152
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sandstorm Stock, it is important to understand the factors that can impact its price. As of now, Sandstorm Stock is somewhat reliable. Sandstorm Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of 3.0E-4, which indicates the firm had a 3.0E-4% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sandstorm Gold Ltd, which you can use to evaluate the volatility of the company. Please validate Sandstorm Gold's Coefficient Of Variation of 1552.36, risk adjusted performance of 0.0533, and Semi Deviation of 2.12 to confirm if the risk estimate we provide is consistent with the expected return of 5.0E-4%.
  
At this time, Sandstorm Gold's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock Shares Outstanding is likely to grow to about 315 M, while Other Stockholder Equity is likely to drop (2.7 M). . At this time, Sandstorm Gold's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 10.28, while Price Earnings Ratio is likely to drop 27.78. Sandstorm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 3.0E-4

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Estimated Market Risk

 2.1
  actual daily
18
82% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Sandstorm Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sandstorm Gold by adding Sandstorm Gold to a well-diversified portfolio.
Price Book
1.1813
Enterprise Value Ebitda
13.3767
Price Sales
13.7652
Shares Float
263.7 M
Dividend Share
0.061

Sandstorm Gold Main Headline on 2nd of December 2024

Sandstorm Gold Provides Updates on Its Portfolio Developments Yahoo Finance

Sandstorm Gold Valuation on December 2, 2024

It is possible to determine the worth of Sandstorm Gold on a given historical date. On December 2, 2024 Sandstorm was worth 8.02 at the beginning of the trading date compared to the closed value of 7.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sandstorm Gold stock. Still, in general, we apply an absolute valuation method to find Sandstorm Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sandstorm Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sandstorm Gold's related companies.
 Open High Low Close Volume
  8.20    8.27    8.09    8.12    191,912  
12/02/2024
  8.02    8.18    7.87    7.89    313,454  
  7.95    8.19    7.95    8.09    165,775  
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Open Value
8.02
7.89
Closing Value
14.33
Upside

Sandstorm Gold Trading Date Momentum on December 2, 2024

On December 03 2024 Sandstorm Gold Ltd was traded for  8.09  at the closing time. The maximum traded price for the trading interval was 8.19  and the lowest daily price was  7.95 . The daily volume was recorded at 165.8 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 2.53% . The trading price change to the closing price today is 4.56% .

Sandstorm Gold Fundamentals Correlations and Trends

By evaluating Sandstorm Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sandstorm Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sandstorm financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sandstorm Gold Stock history

Sandstorm Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sandstorm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sandstorm Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sandstorm Gold stock prices may prove useful in developing a viable investing in Sandstorm Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding300 M315 M
Net Income Applicable To Common Shares90.1 M94.6 M

Sandstorm Gold Quarterly Net Working Capital

20.28 Million

Sandstorm Gold Stock Technical Analysis

Sandstorm Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sandstorm Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sandstorm Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sandstorm Gold Period Price Range

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Sandstorm Gold Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sandstorm Gold December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Sandstorm Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sandstorm Gold shares will generate the highest return on investment. By undertsting and applying Sandstorm Gold stock market strength indicators, traders can identify Sandstorm Gold Ltd entry and exit signals to maximize returns

Sandstorm Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sandstorm Gold's price direction in advance. Along with the technical and fundamental analysis of Sandstorm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sandstorm to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.