2024-01-25 07:00:21 ET
Summary
- Sandstorm Gold Ltd. receives a "Hold" rating for its shares traded on the NYSE market.
- The company operates as a gold royalty company, acquiring the right to receive/purchase a percentage of gold production from other miners.
- Sandstorm Gold's portfolio includes 40 producing mines, with popular names such as Black Fox, Cerro Moro, and Fruta del Norte.
A "Hold" Rating for Sandstorm Gold Ltd.
This analysis points to Sandstorm Gold Ltd. (SAND) and assigns a "Hold" rating to its shares traded on the NYSE market.
This is a Vancouver, Canada-based company that operates as a gold royalty company. That is, the company does not mine gold but has the right to receive/purchase a certain percentage of the gold production from other miners, which Sandstorm Gold Ltd. then resells on the market....
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For further details see:
Sandstorm Gold: Potential Strong Upside But Not Soon