Canaccord Genuity analyst Carey MacRury maintained a Hold rating on Sandstorm Gold (NYSE:SAND) on Thursday, setting a price target of C$13.75, which is approximately 29.93% above the present share price of $8.05.
MacRury expects Sandstorm Gold to post earnings per share (EPS) of $0.04 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Sandstorm Gold, with an average price target of $11.73.
The analysts price targets range from a high of $14 to a low of $9.89.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $18.73 million and a net profit of $4.22 million. The company's market cap is $1.56 billion.
According to TipRanks.com, Canaccord Genuity analyst Carey MacRury is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.7% and a 74.79% success rate.
Sandstorm Gold Ltd. engages in the acquisition of gold and other metals purchase agreements and royalties. It operates through the following segments: Aurizona, Bachelor Lake, Black Fox, Bracemac-McLeod, Chapada, Diavik, Hounde, Karma, Ming, Santa Elena, and Yamana Silver Stream. The company was founded by Nolan Watson and David I. Awram in 2008 and is headquartered in Vancouver, Canada.