Sandstorm GoldSAND
Market Cap: $1.79B
About: Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, Platreef, Greenstone, and Cerro Moro.
Employees: 29
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
62% more call options, than puts
Call options by funds: $9.55M | Put options by funds: $5.89M
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
26% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 50
4% more funds holding
Funds holding: 199 [Q1] → 207 (+8) [Q2]
3% more capital invested
Capital invested by funds: $822M [Q1] → $850M (+$28.6M) [Q2]
0.02% more ownership
Funds ownership: 52.39% [Q1] → 52.41% (+0.02%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Heiko Ihle 60% 1-year accuracy 92 / 153 met price target | 91%upside $11.50 | Buy Maintained | 5 Aug 2024 |
HC Wainwright & Co. Heiko Ihle 60% 1-year accuracy 92 / 153 met price target | 82%upside $11 | Buy Reiterated | 9 Jul 2024 |
Financial journalist opinion
Based on 4 articles about SAND published over the past 30 days