Zacks Investment Research downgraded shares of Sandstorm Gold (NYSEAMERICAN:SAND) from a hold rating to a sell rating in a report released on Tuesday morning.
According to Zacks, “Sandstorm Gold Ltd. is a gold streaming company engaged in providing upfront financing for gold mining companies. It focuses on completing gold purchase agreements with gold mining companies that have advanced stage development projects or operating mines. Sandstorm Gold Ltd. is headquartered in Vancouver, Canada. “
Shares of NYSEAMERICAN SAND opened at $4.10 on Tuesday. Sandstorm Gold has a 12-month low of $3.52 and a 12-month high of $5.64.
Sandstorm Gold Company Profile
Sandstorm Gold Ltd. operates as a gold streaming and royalty company. It has a portfolio of 174 streams and royalties in Canada, the United States, Australia, Honduras, Brazil, Peru, Chile, Argentina, Australia, Turkey, French Guiana, South Africa, Paraguay, Botswana, Sweden, Mongolia, Mexico, and Cote d'Ivoire.
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