Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sandstorm Gold Ltd shares valued at $5,788,195 were purchased by Orion Mine Finance Fund III LP on Oct 28 ’24. At $8.56 per share, Orion Mine Finance Fund III LP acquired 676,191 shares.
Also, Orion Mine Finance Fund II LP purchased 3,223,809 shares, netting a total of over 27,595,805 in proceeds.
Before that, Orion Mine Finance Fund III LP had added 1,733,823 shares to its account. In a trade valued at $14,061,305, the Stockholder (1) bought Sandstorm Gold Ltd shares for $8.11 each.
As published in a research note from RBC Capital Mkts on March 02, 2023, Sandstorm Gold Ltd [SAND] has been rated up from a Sector perform to an Outperform and the price target has been revised to $6.50. As of August 17, 2022, BMO Capital Markets has increased its “Market perform” rating to a “an Outperform” for SAND.
Analyzing SAND Stock Performance
During the last five days, there has been a surge of approximately 3.30%. Over the course of the year, Sandstorm Gold Ltd shares have jumped approximately 6.45%. Shares of the company reached a 52-week high of $6.02 on 01/30/25 and a 52-week low of $5.48 on 01/13/25. A 50-day SMA is recorded $5.66, while a 200-day SMA reached $5.69. Nevertheless, trading volume fell to 7.19 million shares from 5.92 million shares the previous day.
Support And Resistance Levels for Sandstorm Gold Ltd (SAND)
According to the 24-hour chart, there is a support level at 5.83, which, if violated, would cause prices to drop to 5.71. In the upper region, resistance lies at 6.04. The next price resistance is at 6.13. RSI (Relative Strength Index) is 63.61 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.09, which suggests the price will decrease in the coming days. Percent R is at 14.81%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
