Revenue Update on Sandstorm Gold Ltd(NYSEMKT:SAND)

Sandstorm Gold Ltd(NYSEMKT:SAND) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Earnings per share were $0.04. Analysts had estimated an EPS of $0.01.

In a different note, On Jul 11, 2016, TD Securities said it Upgrades its rating on Sandstorm Gold Ltd. The shares have been rated ‘Buy’ by the firm.

Sandstorm Gold Ltd (SAND) made into the market gainers list on Fridays trading session with the shares advancing 1.40% or 0.09 points. Due to strong positive momentum, the stock ended at $6.53, which is also near the day’s high of $6.75. The stock began the session at $6.52 and the volume stood at 17,90,602 shares. The 52-week high of the shares is $6.75 and the 52 week low is $1.94. The company has a current market capitalization of $982 M and it has 15,04,00,790 shares in outstanding.

Sandstorm Gold Ltd. is a resource-based Company. The Company’s 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.

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