Raymond James Reaffirms Their Buy Rating on Sandstorm Gold (SSL)

Sandstorm Gold (SSLResearch Report), the Financial sector company, has received a rating update from a Wall Street analyst today. Analyst Brian MacArthur from Raymond James reiterated a Buy rating, with a C$6.75 price target.

According to TipRanks.com, MacArthur is a 3-star analyst with an average return of 0.6% and a 45.5% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, Osisko Gold Royalties Ltd, and Teck Resources Limited.

Sandstorm Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$8.83.

The company has a one-year high of C$9.21 and a one-year low of C$4.60. Currently, Sandstorm Gold has an average volume of 530.4K.

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 last Wednesday at C$8.40.