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Sandstorm Gold (SAND) Soars: Stock Rises 11.7%

Zacks Equity Research

Sandstorm Gold Ltd. (SAND) was a big mover last session, as its shares rose nearly 12% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $5.20 to $5.86 in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Sandstorm Gold currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks worth considering in the broader basic material sector include AK Steel Holding Corporation (AKS), Akzo Nobel NV (AKZOY) and AngloGold Ashanti Ltd. (AU). While AK Steel and AngloGold sport a Zacks Rank #1 (Strong Buy), Akzo Nobel holds a Zacks Rank #2 (Buy).

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SANDSTORM GOLD LTD ORD (SAND): Free Stock Analysis Report

AKZO NOBEL NV ADR # (AKZOY): Free Stock Analysis Report

ANGLOGOLD ASHANTI LTD (AU): Free Stock Analysis Report

AK STL HLDG CORP (AKS): Free Stock Analysis Report

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