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Sandstorm Gold Ltd N (SAND)



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Upturn Advisory Summary
06/27/2025: SAND (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Year Target Price $10.1
Year Target Price $10.1
2 | Strong Buy |
7 | Buy |
1 | Hold |
0 | Under performing |
0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit -24.03% | Avg. Invested days 32 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.66B USD | Price to earnings Ratio 90.3 | 1Y Target Price 10.4 |
Price to earnings Ratio 90.3 | 1Y Target Price 10.4 | ||
Volume (30-day avg) - | Beta 0.65 | 52 Weeks Range 4.89 - 9.68 | Updated Date 06/29/2025 |
52 Weeks Range 4.89 - 9.68 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 0.65% | Basic EPS (TTM) 0.1 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 15.8% | Operating Margin (TTM) 47.84% |
Management Effectiveness
Return on Assets (TTM) 2.69% | Return on Equity (TTM) 2.13% |
Valuation
Trailing PE 90.3 | Forward PE 50.25 | Enterprise Value 2986148142 | Price to Sales(TTM) 14.48 |
Enterprise Value 2986148142 | Price to Sales(TTM) 14.48 | ||
Enterprise Value to Revenue 16.27 | Enterprise Value to EBITDA 21.46 | Shares Outstanding 293175008 | Shares Floating 268627691 |
Shares Outstanding 293175008 | Shares Floating 268627691 | ||
Percent Insiders 1.23 | Percent Institutions 64.38 |
Analyst Ratings
Rating 4.1 | Target Price 10.1 | Buy 7 | Strong Buy 2 |
Buy 7 | Strong Buy 2 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Sandstorm Gold Ltd N

Company Overview
History and Background
Sandstorm Gold Ltd. was founded in 2008 and is a resource-based royalty company. It provides upfront financing to mining companies that are looking for capital and in return, receives a gold stream or royalty on the mine's production.
Core Business Areas
- Royalty and Streaming: Sandstorm Gold acquires precious metal purchase agreements (streams) and royalties from companies that own mines. They provide upfront capital in exchange for the right to purchase a portion of the mine's future gold, silver, or other metal production at a fixed price or a percentage of the spot price.
Leadership and Structure
Nolan Watson is the President and CEO. The company has a board of directors overseeing its operations.
Top Products and Market Share
Key Offerings
- Gold Streams: Sandstorm provides upfront capital to mining companies in exchange for a percentage of their gold production. Competitors include Franco-Nevada (FNV), Wheaton Precious Metals (WPM), and Royal Gold (RGLD). Market share data is difficult to pinpoint precisely due to the nature of streaming and royalty deals.
- Silver Streams: Similar to gold streams, but focused on silver production. Competitors include Franco-Nevada (FNV), Wheaton Precious Metals (WPM), and Royal Gold (RGLD). Market share data is difficult to pinpoint precisely due to the nature of streaming and royalty deals.
- Royalties: Sandstorm acquires royalties on mining properties, entitling them to a percentage of revenue or production. Competitors include Franco-Nevada (FNV), Wheaton Precious Metals (WPM), and Royal Gold (RGLD). Market share data is difficult to pinpoint precisely due to the nature of streaming and royalty deals.
Market Dynamics
Industry Overview
The royalty and streaming sector provides alternative financing for mining companies, allowing them to raise capital without diluting equity. It benefits from increasing commodity prices and mine expansions.
Positioning
Sandstorm Gold is a mid-sized player in the royalty and streaming space. Their competitive advantage lies in identifying and securing attractive deals with mining companies. Competitors are Franco-Nevada, Wheaton Precious Metals and Royal Gold.
Total Addressable Market (TAM)
The TAM is vast, encompassing the global mining industry's financing needs. Sandstorm Gold is positioned to capture a share of this market through its streaming and royalty acquisitions.
Upturn SWOT Analysis
Strengths
- Diversified portfolio of streams and royalties
- Experienced management team
- Strong balance sheet
- Attractive deal structure
Weaknesses
- Exposure to mining operational risk
- Dependence on commodity prices
- Small company size compared to larger competitors
- Limited control over mining operations
Opportunities
- Acquisition of new streams and royalties
- Expansion into new commodities
- Increasing commodity prices
- Growth in the mining sector
Threats
- Decline in commodity prices
- Mining operational failures
- Geopolitical risks
- Increased competition
Competitors and Market Share
Key Competitors
- FNV
- WPM
- RGLD
Competitive Landscape
Sandstorm is smaller compared to Franco-Nevada, Wheaton Precious Metals and Royal Gold, giving it less financial flexibility. Its competitive advantage lies in identifying unique and undervalued deals.
Major Acquisitions
BaseCore Metals LP Portfolio
- Year: 2022
- Acquisition Price (USD millions): 525
- Strategic Rationale: Broadens commodity and geographic diversification.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by acquiring new streams and royalties, increasing production from existing assets, and benefiting from higher commodity prices.
Future Projections: Future growth is projected to come from continued acquisitions and increasing production from existing assets.
Recent Initiatives: Recent initiatives include acquiring new royalty packages and advancing existing projects.
Summary
Sandstorm Gold is a streaming and royalty company that offers an alternative financing model in the mining sector. Its portfolio diversification reduces risk, but its dependency on operational success exposes vulnerabilities. Recent acquisitions are expanding its asset base and the company is positioned for growth should commodity prices increase. They should be on the lookout for further competition and be mindful of operational risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Financial news sources
- Analyst reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sandstorm Gold Ltd N
Exchange NYSE | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 2009-05-29 | Co-Founder, President, CEO & Non-Independent Director Mr. Nolan Allan Watson BComm, CA, CFA, F.C.A., FCPA | ||
Sector Basic Materials | Industry Gold | Full time employees - | Website https://www.sandstormgold.com |
Full time employees - | Website https://www.sandstormgold.com |
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine. The company has a portfolio of 243 streams and royalties. It primarily has operations in Canada, Mexico, the United States, Mongolia, Burkina Faso, Ecuador, South Africa, Ghana, Botswana, Cote D'Ivoire, Argentina, Brazil, Chile, Peru, Egypt, Ethiopia, Guyana, Paraguay, French Guiana, Turkey, Sweden, Fiji, and Australia. The company was formerly known as Sandstorm Resources Ltd. and changed its name to Sandstorm Gold Ltd. in February 2011. Sandstorm Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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