Sandstorm Gold Ltd (SAND) : Roumell Asset Management reduced its stake in Sandstorm Gold Ltd by 34.41% during the most recent quarter end. The investment management company now holds a total of 919,430 shares of Sandstorm Gold Ltd which is valued at $3.9 Million after selling 482,457 shares in Sandstorm Gold Ltd , the firm said in a disclosure report filed with the SEC on May 13, 2016.Sandstorm Gold Ltd makes up approximately 9.65% of Roumell Asset Management’s portfolio.
Other Hedge Funds, Including , Sentry Investments Corp. reduced its stake in SAND by selling 836,832 shares or 9.57% in the most recent quarter. The Hedge Fund company now holds 7,903,852 shares of SAND which is valued at $33.1 Million. Sandstorm Gold Ltd makes up approx 0.48% of Sentry Investments Corp.’s portfolio.Tfs Capital boosted its stake in SAND in the latest quarter, The investment management firm added 12,618 additional shares and now holds a total of 62,229 shares of Sandstorm Gold Ltd which is valued at $260,740. Sandstorm Gold Ltd makes up approx 0.04% of Tfs Capital’s portfolio.Timber Hill boosted its stake in SAND in the latest quarter, The investment management firm added 507 additional shares and now holds a total of 17,182 shares of Sandstorm Gold Ltd which is valued at $71,649. Sandstorm Gold Ltd makes up approx 0.01% of Timber Hill’s portfolio.Confluence Investment Management reduced its stake in SAND by selling 2,023 shares or 3.6% in the most recent quarter. The Hedge Fund company now holds 54,187 shares of SAND which is valued at $225,960. Sandstorm Gold Ltd makes up approx 0.01% of Confluence Investment Management’s portfolio.
Sandstorm Gold Ltd opened for trading at $3.58 and hit $3.79 on the upside on Wednesday, eventually ending the session at $3.75, with a gain of 5.04% or 0.18 points. The heightened volatility saw the trading volume jump to 11,17,094 shares. Company has a market cap of $519 M.
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. 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.