Sandstorm Gold Ltd (SAND) was Upgraded by CIBC to ” Sector Outperform”. Earlier the firm had a rating of “Sector Perform ” on the company shares. CIBC advised their investors in a research report released on Jul 11, 2016.
Many Wall Street Analysts have commented on Sandstorm Gold Ltd. Sandstorm Gold Ltd was Downgraded by RBC Capital Mkts to ” Sector Perform” on Apr 20, 2016.
Sandstorm Gold Ltd opened for trading at $4.75 and hit $4.955 on the upside on Friday, eventually ending the session at $4.9, with a gain of 3.81% or 0.18 points. The heightened volatility saw the trading volume jump to 18,19,847 shares. Company has a market cap of $673 M.
Sandstorm Gold Ltd. is a resource-based Company. The Companys operations include Aurizona Mine and the Serra Pelada Mine are located in Brazil the Santa Elena Mine is located in Mexico the Emigrant Springs Mine and the Mt. Hamilton Project are located in the United States of America the Deflector Project is located in Australia the Gualcamayo Mine is located in Argentina MWS is located in South Africa the Hugo North Extension and Heruga projects are located in Mongolia the Karma Project is located in Burkina Faso and each of the Ming Mine the Black Fox Mine Bachelor Lake Mine Prairie Creek Project and the Bracemac-McLeod Mine are located in Canada. The Hugo North Extension is a copper-gold porphyry deposit and Heruga is a copper gold-molybdenum porphyry deposit located in the South Gobi desert of Mongolia. The Deflector Project is a gold and copper deposit located in the South Murchison Western Australia.