|Bid||6.91 x 2200|
|Ask||6.93 x 4000|
|Day's Range||6.80 - 7.00|
|52 Week Range||4.33 - 7.21|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||98.86|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.94|
Sandstorm Gold Royalties (SAND) is a gold royalty company that provides upfront financing to mining companies that are looking for capital, explains Gordon Pape, editor of Internet Wealth Builder.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
VANCOUVER, BC / ACCESSWIRE / December 3, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE American:SAND)(TSX: SSL) is pleased to ...
VANCOUVER, BC / ACCESSWIRE / November 21, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE American:SAND, TSX:SSL) is pleased to provide recent development and exploration updates from the Company's royalty properties and an update on the share buyback program. Lundin Gold Inc. ("Lundin Gold") received the final two permits required to move the Fruta del Norte project into production and on November 16th, produced the first doré bar from the gravity circuit. For more information, visit the Lundin Gold website at www.lundingold.com and see the press releases dated November 8, 2019, November 14, 2019 and November 18, 2019.
At first glance, the case for gold stocks to buy appears incredibly challenged right now. One of the biggest impediments to a rising equities market has been the U.S.-China trade war. Recently, though, both sides appear willing to negotiate. Even President Donald Trump, no stranger to angry rhetoric, appeared optimistic for a substantive trade deal.Wall Street has given Trump the benefit of the doubt, significantly hurting the case for gold stocks to buy. Both the venerable Dow Jones Industrial Average, along with the benchmark S&P 500 have charged to all-time highs. In sharp contrast, gold prices, which have looked so strong this year due to rising fear and uncertainty, have slid downward this month.But before you get too complacent, Yahoo Finance contributor Rick Newman brought up an excellent question: Why is the Street giving any credibility to Trump? As Newman bluntly put it, "There is, in fact, no trade deal with China." Further, he provides his readers with a warning from the not-so-distant past:InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Last December, after meeting with Chinese President Xi Jinping, Trump said, 'It's an incredible deal. It goes down, certainly, if it happens, it goes down as one of the largest deals ever made.' If you're wondering what deal that was, well, yes -- there was no deal."Thus, I don't think the thesis for gold stocks to buy is dead. And even if a trade deal materializes, I recently presented my argument for why big banks are in trouble. Namely, the economy is nowhere near as healthy as advertised. * 10 Cheap Stocks to Buy Under $10 This pressured environment dramatically raises the profile for gold miners. Additionally, don't ignore the potential for silver stocks to buy. Newmont Goldcorp (NEM)Source: Piotr Swat/Shutterstock Under any economic condition, I believe some exposure to gold and precious metals is prudent. Going 100% into any asset class is simply asking for trouble. That said, I understand the inconveniences involved with buying physical bullion. Thus, if you're not into gold-based exchange-traded funds like SPDR Gold Trust (NYSEARCA:GLD), then Newmont Goldcorp (NYSE:NEM) and NEM stock could be right for you.With a market capitalization of $30.3 billion, NEM stock is at time of writing the biggest name among publicly traded gold stocks. And while such stability typically means that Newmont won't rise as dramatically during a gold rush, you're likely not to lose your shirt with this investment. No matter what, both gold and silver stocks are known for volatility; thus, having a safety net makes sense.Thanks to its January 2019 acquisition of Goldcorp, NEM stock offers fundamental robustness. With stronger margins and higher growth trajectories, NEM is well positioned to advantage the fear trade. That might very well come if this trade war negotiation turns out to be another head-fake. Sibanye Gold (SBGL)Source: Shutterstock One of the biggest gold stocks to buy, Sibanye Gold (NYSE:SBGL), is notable today for moving against the grain. While the spot price for the underlying yellow metal has steadily declined since the beginning of September, SBGL stock has veritably skyrocketed. Is there something in the water in South Africa where Sibanye is headquartered?We all know that Africa has very valuable natural and precious resources. Among those resources isn't just gold, but also platinum and palladium. The latter metal has enjoyed a robust performance in the markets. Currently, palladium is worth more than gold, even with a sharp drop in price. Since Sibanye is the second-largest producer of the precious metal, SBGL stock has enjoyed outsized gains. * 7 Under-the-Radar Retail Stocks to Buy Now Not only that, management has been very active in the mergers and acquisitions scene. Consolidating more companies under its umbrella, SBGL stock has a very robust growth pathway over the long run. Franco-Nevada (FNV)Source: Shutterstock Among the best performing gold stocks to buy, what most impresses me about Franco-Nevada (NYSE:FNV) is its resiliency. Several mining companies, especially the ultra-speculative silver stocks, fell sharply following the 2011 precious metals rally and subsequent collapse. While FNV stock certainly felt the heat, it didn't fold like many of its peers.A major reason why this is involves fiscal stability. Prior to the 2011 run up, many sector players got gold fever, believing prices would rise indefinitely. Unfortunately, these organizations were not prepared for the coming bearish phase, taking risks they normally wouldn't have.However, Franco-Nevada has kept its financials relatively clean. For instance, its balance sheet has very manageable debt levels compared to its cash holdings. In other words, management hasn't stretched itself, which is a positive attribute in this environment. You just never know what's going to happen next. Thus, FNV stock gives you a balanced approach between upside potential and stability. Sandstorm Gold (SAND)Source: Shutterstock A lesser-known entity among gold stocks to buy, Sandstorm Gold (NYSEAMERICAN:SAND) could eventually turn out to be a front runner. Although the low SAND stock price makes it riskier compared to its larger brethren, what investors will appreciate is the underlying company's business model.Featuring a portfolio of royalty assets, Sandstorm doesn't actually operate mining projects. Instead, it invests in companies that have a need for capital. In return, Sandstorm receives a share of the spoils. For those who are concerned about the volatility in metal prices, SAND stock may offer an ideal platform. Thanks to the royalty model, it's much easier to predict cash flows for the company. * These 7 Stocks to Buy Were Big Winners This Earnings Season That said, don't jump aboard SAND stock assuming that it has no risks. Primarily, Sandstorm has a substantial stake in the Hod Maden mine in Turkey. If this pans out, SAND is due for a massive upswing. But it's also important to consider that Turkey isn't exactly a geopolitically stable area. First Majestic Silver (AG)Source: Shutterstock While gold stocks get most of the coverage in the precious metals sector, investors shouldn't ignore silver stocks. Generally speaking, the cheaper of the pair share a strong correlation with each other: As one moves higher, so too does the other. With that in mind, those interested in mining companies should consider First Majestic Silver (NYSE:AG) and AG stock.One of the attributes about First Majestic that I found appealing is its geographic positioning. The company has 100% ownership of six mines in Mexico. Aside from being a neighboring country, Mexico has free trade agreements with multiple developed economies. More importantly for potential buyers of AG stock, Mexico features relative political and financial stability.And because the U.S. and Mexico are such close partners, the latter is truly disincentivized from acting irrationally.That said, AG stock isn't without risks. Typical of smaller silver stocks, First Majestic historically has suffered middling profitability margins, though these metrics have recently improved. Wheaton Precious Metals (WPM)Source: Shutterstock Like gold stocks, silver mining investments are wild, even more so than those companies producing the yellow metal. Because silver has both industrial and monetary components, as well as a thinner market, the supply-demand picture is unpredictable. However, Wheaton Precious Metals (NYSE:WPM) takes much of the guesswork out with its streaming business model.Like Sandstorm Gold, Wheaton Precious Metals doesn't own mining projects. Instead, it provides necessary capital for miners. Therefore, an investment in WPM stock provides broader coverage to the silver mining industry than would be possible through a traditional business model. And because of the pre-negotiated contracts, it's much easier to predict Wheaton's financial trajectory. * 7 Earnings Losers That Were Hit Hard This Season Interestingly, WPM stock has held up reasonably well following the precious metals' fallout earlier this decade. Now, it appears the tide is shifting favorably for both gold and silver stocks to buy. Don't be surprised if WPM enjoys outsized performance. Pan American Silver (PAAS)Source: Shutterstock Relative to gold stocks, the silver miners have a reputation for being high-risk, high-reward investments. However, those that value hard results with the possibility of outstanding gains should consider Pan American Silver (NASDAQ:PAAS). While silver prices have slipped badly in November, PAAS stock is up over 4% since the beginning of the month.Why? The Street took a very positive view on the company's third-quarter earnings results. Revenue came in at over $352 million, representing a year-over-year lift of nearly 88%. Moreover, Pan American delivered net income of $37.7 million, which translates to earnings per share of 18 cents. In the year-ago quarter, EPS was a loss of 6 cents.Following the results, PAAS stock benefitted from a robust session the next day.I wouldn't be surprised if we saw further gains down the road. PAAS stock was a survivor of the dark days of silver and gold stocks early this decade. With a much more favorable pathway ahead, the underlying company has the potential to pull off big surprises.As of this writing, Josh Enomoto is long all the precious metals mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Great High-Yield Stocks With Payouts Over 5% * 10 Blue-Chip Stocks to Buy for the End of the Year * 5 Retail Stocks Getting Nothing but Coal This Holiday Season The post 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside appeared first on InvestorPlace.
The Zacks Analyst Blog Highlights: Franco-Nevada, Kirkland Lake Gold, Agnico Eagle Mines, Kinross Gold and Sandstorm Gold
Recent softness in gold prices may be a good entry point as trade-related conflict between the United States and China is far from being completely settled.
We wouldn't blame Sandstorm Gold Ltd. (TSE:SSL) shareholders if they were a little worried about the fact that Nolan...
Today we highlighted 4 'cheap' stocks that are currently trading for under $10 per share that also sport a Zacks Rank 2 (Buy) or better that investors might want to consider buying right now...
Today we'll evaluate Sandstorm Gold Ltd. (TSE:SSL) to determine whether it could have potential as an investment idea...
VANCOUVER, BC / ACCESSWIRE / October 30, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE American:SAND, TSX:SSL) has released its results for the third quarter ended September 30, 2019 (all figures in U.S. dollars). The increase in net income was partially offset by a $0.5 million increase in finance expense related to the Company drawing on its revolving credit facility during the third quarter of 2019.
Benefits from integration with A. Schulman and low-cost natural gas liquid feedstocks are likely to reflect in LyondellBasell's (LYB) Q3 results.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Downbeat results from HSBC Holdings couldn’t prevent European stocks from reaching a new multi-month high, as earnings season on both sides of the ocean has been greeted warmly.
VANCOUVER, BC / ACCESSWIRE / October 23, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties" or "Sandstorm") (NYSE American:SAND, TSX:SSL) will release its 2019 third quarter results ...
VANCOUVER, BC / ACCESSWIRE / October 2, 2019 / Sandstorm Gold Ltd. ("Sandstorm Gold Royalties," "Sandstorm" or the "Company") (NYSE American: SAND, TSX: SSL) is pleased to report that the Company has sold approximately 17,300 attributable gold equivalent ounces1 and realized preliminary revenue2 of $25.8 million during the three months ended September 30, 2019, both representing a record for the Company. Sandstorm has included certain performance measures in this press release that do not have any standardized meaning prescribed by International Financial Reporting Standards (IFRS) including (i) attributable gold equivalent ounces and (ii) cash operating margin. The presentation of these non-IFRS measures is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
It's been a nice run for Kinross Gold (NYSE:KGC) stock of late. Kinross Gold stock has gained 60% in a little over four months. And, it touched a three-year high earlier this month.Source: Shutterstock It's certainly possible the run could continue. Gold prices, too, have hit multi-year highs. Those higher prices can help near-term profits -- and the rally in yellow metal could continue amid worldwide recession fears.Kinross has several projects in development, which will boost production and revenue going forward. And valuation is reasonable, at roughly 7x 2019 earnings before interest, taxes, debt and amortization and 17x 2020 earnings per share estimates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat said, there are risks. And one of the biggest is that we've been here before. The Case for Kinross Gold StockThe core reason why KGC stock has rallied of late is that higher gold prices have boosted the entire sector. In fact, other gold stocks have moved even higher. Eldorado Gold (NYSE:EGO) has been the biggest winner, more than tripling from late May to early September.But gold prices aside, there is a decent case for KGC stock. First-half results keep the company right on pace to meet 2019 guidance. Production should increase going forward, thanks to development efforts in Alaska, Russia and Nevada. * 10 Stocks to Sell in Market-Cursed September And the higher gold prices could lead a restart of operations in Chile. Kinross idled its mine in La Coipa in 2013, and is undertaking feasibility studies at its Lobo-Marte operation. With gold above $1,450 an ounce, both properties are almost certain to be profitable: The company estimated a 20% internal rate of return from La Coipa earlier this year.Those developments, along with ongoing operational improvements, should help Kinross lower its all-in sustaining costs. According to a recent investor presentation, Kinross' all-in sustaining costs are solid. But at nearly $1,000 an ounce, it's hardly spectacular on a peer basis.That figure can, and should, come down. And the increased gap between realized prices and all-in costs suggests higher profitability going forward -- and potentially an increased KGC stock price. The Gold Price RiskThat said, Kinross Gold stock has faded of late, dropping 9% in the last four sessions. The culprit is the same gold price that helped spark the recent rally.With gold just off a six-year high, the most obvious risk to KGC stock is that gold prices recede. The rally seems to have been driven by fears about rising geopolitical and economic risks.But the rally also has come in the face of two trends that are generally negative for gold: low inflation and a strong dollar. While the correlation of gold to inflation isn't as tight as conventional wisdom might suggest, that conventional wisdom alone often boosts prices.And so there's a risk that the big move in gold -- which has gained 16% in just four months -- could reverse. Should that happen, Kinross Gold stock is almost certain to fall. The Miner RiskBut there's another worry. This year, gold stocks like KGC stock have outperformed the big move in gold -- which is how miners should trade in theory.After all, miners are leveraged bets on gold prices. The roughly $200 move in gold over the past four months is a 16% increase. But it nearly doubles Kinross Gold's potential profitability.That leaves two obvious near-term risks. The first is that the converse is true: If gold does fall, KGC stock should fall even further, at least in theory.The second is that miners like Kinross Gold historically have done a terrible job of realizing that theoretical upside. Barrick Gold (NYSE:GOLD) has been one of the worst offenders, as I wrote last year. But it's far from the only one.Even KGC stock has badly underperformed gold over the past decade. Gold prices, as measured the SPDR Gold Trust (NYSEARCA:GLD), have risen 31%. Kinross Gold stock has declined 74%. That's worse than other miners, who haven't done well either. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is down 41%, and the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) 63%.Perhaps this time is different. Investors certainly believe so, as KGC has significantly outperformed gold over the past year. The big rally of late has allowed the stock to do so on a three- and five-year basis as well.But we've been here before. When gold spikes, gold mining stocks tend to rise sharply. The history of the sector over the past decade, however, is that miners eventually give back those gains, and then some. Kinross Gold stock, which hit a 14-year low in 2016, hasn't been immune. Is KGC Stock the Best Play?Finally, there's the question of whether Kinross Gold stock necessarily is the best play. Again, the case is intriguing, thanks to ongoing efficiency improvements and development opportunities.But for investors willing to bet on gold prices and gold miners, there are strong cases elsewhere, too. The merger of Randgold Resources and Barrick created a behemoth with massive scale, a better CEO, and industry-leading cash costs. Gold bulls also can look to juniors, who might be acquisition targets as industry optimism grows.Seabridge Gold (NYSE:SA), for instance, has limited geopolitical risk (its mines all are in North America) and a $869 million market cap that would be an easy, but still material, acquisition for gold majors. Streaming plays like Sandstorm Gold (NYSE:SAND) and Royal Gold (NASDAQ:RGLD) offer leverage to gold prices without execution risk.And, of course, investors can just buy gold, whether physically or through the GLD ETF. Given the industry's history -- which too often has shown a focus on rewarding executives, not shareholders -- investors looking for safety are better off going the direct route.Again, this time may be different for Kinross Gold. If gold prices hold up, and if Kinross executes, there's plenty of potential upside ahead for KGC stock. The problem, as history shows, is that those are both big "ifs."As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Be Careful With Kinross Gold Stock appeared first on InvestorPlace.
Rising volatility, rising credit risk, and rising recession risk all fuel demand for "chaos insurance" investments like gold, explains Mike Larson, editor of the industry-leading Safe Money Report.
Sandstorm Gold (SAND) delivered earnings and revenue surprises of -50.00% and -6.55%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
VANCOUVER, BC / ACCESSWIRE / August 12, 2019 / Sandstorm Gold Ltd. (“Sandstorm Gold Royalties”, “Sandstorm” or the “Company”) (NYSE American:SAND) (SSL.TO) has released its results for the second quarter ended June 30, 2019 (all figures in U.S. dollars). In addition, Sandstorm will also receive a 1.4% - 2.8% NSR royalty on the area surrounding the Relief Canyon mine.
VANCOUVER, BC / ACCESSWIRE / August 6, 2019 / Sandstorm Gold Ltd. (“Sandstorm Gold Royalties” or “Sandstorm”) (NYSE American:SAND, TSX:SSL) will release its 2019 second quarter results on Monday, August ...