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Sandstorm Gold Ltd (TSE:SSL) target price raised to $8.50, reported today by Raymond James

Yesterday Sandstorm Gold Ltd (TSE:SSL) traded -4.17% lower at $6.76. The company’s 50-day moving average is $7.79 and its 200-day moving average is $5.96. The last stock close price is up 11.97% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 902,114 shares of the stock were exchanged, up from an average trading volume of 730,817

Sandstorm Gold Ltd (TSE:SSL) had its target price raised to $8.50 by Raymond James in a report released 09/23/2016. The new target price indicates a possible upside of 0.26% based on the company's last stock close price.

Previously on 09/15/2016, Canaccord Genuity reported about Sandstorm Gold Ltd (TSE:SSL) raised the target price from $0.00 to $9.00. At the time, this indicated a possible upside of 0.18%.

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Sandstorm Gold Ltd (TSE:SSL)

Sandstorm Gold Ltd has a 52 week low of $2.82 and a 52 week high of $8.73 The company’s market cap is currently $0.

About Sandstorm Gold Ltd (TSE:SSL)

Sandstorm Gold Ltd. is engaged in providing financing alternatives to mining companies. The Company focuses on acquiring gold and other precious metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. It operates in the segments of Bachelor Lake, Black Fox, Santa Elena, Yamana Silver Stream, Chapada, Diavik Mine, Other Royalties, Other and Corporate. It has over 131 Gold Streams and net smelter returns royalties (NSRs), of which 20 of the underlying mines are producing. The Company's projects include Yamana Silver Stream; Cerro Moro, which is located approximately 70 kilometers southwest of the coastal port city of Puerto Deseado; Chapada Mine, which is located over 270 kilometers northwest of Brasilia in Goias state, Brazil; Diavik Mine; Black Fox Mine; Santa Elena Mine; Bachelor Lake Mine; Karma Mine; Bracemac-McLeod Mine; Ming Mine, and Aurizona Mine.

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