Analyst Price Target is C$11.11
▲ +47.01% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Sandstorm Gold in the last 3 months. The average price target is C$11.11, with a high forecast of C$14.75 and a low forecast of C$7.00. The average price target represents a 47.01% upside from the last price of C$7.56.
Current Consensus is
The current consensus among 10 investment analysts is to buy stock in Sandstorm Gold. This Buy consensus rating has held steady for over two years.
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development projects or operating mines. It offers upfront payments for companies to acquire a stream or royalty and receives the right to purchase a percentage of a mine's production for the life of the mine at a fixed price per unit or at a fixed percentage of the spot price. The company has a portfolio of 230 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D'Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.