How to Buy Sandstorm Gold Stock
Sandstorm Gold Ltd
Sandstorm Gold Ltd. operates as a gold royalty company. It focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines.
Sandstorm Gold stock last closed at $5.26, down 4.71% from the previous day, and has decreased 10.39% in one year. It has overperformed other stocks in the Gold industry by 0.01 percentage points. Sandstorm Gold stock is currently +32.83% from its 52-week low of $3.96, and -15.71% from its 52-week high of $6.24.
As of Apr 22, 2024, there are 297.67M SAND shares outstanding. The market cap of SAND is $1.57B. In the last 24 hours, 2.52M SAND shares were traded.
How to Buy Sandstorm Gold Stock
Wondering how to invest in Sandstorm Gold stock? Here's how.
- Choose where to buy Sandstorm Gold stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Sandstorm Gold stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- Evaluate Sandstorm Gold stock: The Sandstorm Gold ticker symbol is SAND. Is Sandstorm Gold stock a good investment? Should you buy shares of SAND? How do SAND's underlying business fundamentals look? Do top analysts think Sandstorm Gold is a good buy? Why has SAND's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if SAND is a good stock to buy).
- Place your SAND trade: Decide if you will purchase SAND shares at the current market price or use a limit order to buy SAND shares at a specific price.
- Get the latest news on your SAND position: Create a watchlist to important updates regarding your new investment in Sandstorm Gold shares.
Step 1: Choose where to buy Sandstorm Gold stock
You need an online brokerage account in order to access the NYSE market and buy SAND stock.
Our recommended brokerage: eToro
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy SAND stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on one of the best stock market apps, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing money into your brokerage account.
Step 4: Evaluate Sandstorm Gold stock
Once you have figured out the best place to buy Sandstorm Gold stock, it's critical to evaluate their stock before you buy, so you can understand the risk and opportunity.
Sandstorm Gold Metrics
Fundamentals of SAND
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on SAND's stock page.
Is SAND stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SAND's true value.
Using relative valuations measures:
- SAND may be overvalued based on its P/E ratio of 37.57x, relative to Gold industry P/E ratio of 10.75x
- SAND may be undervalued based on its P/B ratio of 1.1x, relative to Gold industry P/B ratio of 1.65x
- SAND may be overvalued based on its PEG ratio of 1.43x
You can access additional valuation analysis on SAND's stock here.
SAND Financials at a glance
Signs that SAND is financially healthy:
- SAND's operating cash flow of $152.75M allows it to safely service it's debt of $435.00M.
- SAND has a low debt to equity ratio of 0.35.
Signs that SAND is not financially healthy:
- SAND profit margin has gone down from 52.7% to 23.2% in the past year.
- SAND earnings of $85.43M is not sufficient to cover its interest payments.
- Total SAND debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy SAND stock
Out of 2 Wall Street analysts who give ratings on SAND, the consensus analyst rating on Sandstorm Gold is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Sandstorm Gold stock forecast page.
SAND Momentum
SAND Earnings
Last year, SAND earnings were $41.72M. In the last 5 year, SAND's earnings have increased by 36.08% per year. This was faster than the Gold industry average of 11.72%.
Last year, SAND revenue was $179.64M. In the past 5 year, SAND's revenue has increased by 19.68% per year. This was faster than the Gold industry average of 15.84%.
Learn more about SAND's earnings and revenue performance here.
Latest Insiders Trades at SAND
In the last year, executives and large shareholders at SAND have not bought or sold any shares.
Get more info about who owns SAND shares here.
Does SAND stock generate passive income?
Sandstorm Gold pays a dividend of 1.23%, compared to the Gold industry's average dividend yield of 2.16%. If you owned $1,000 worth of SAND stock, you would have been paid $12.30 last year.
Dig into more info about Sandstorm Gold dividend yield and history here.
Get opinions from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your SAND trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you want more help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your SAND position
Now that you own some shares in SAND, you'll want to keep up with your new company.
Add SAND to a watchlist to see the latest developments about your SAND stock.
SAND Feed
How to Buy Stock in Sandstorm Gold
To reiterate, here are the 6 steps to buy Sandstorm Gold stock:
- Choose where to buy Sandstorm Gold stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Sandstorm Gold stock
- Place your SAND trade
- Get the latest news on your SAND position
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your investment in Sandstorm Gold, click the button below.
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