Sandstorm Gold LTD. Ordinary Shares (canada (NYSEAMERICAN:SAND) Has Decline in Shorts

Sandstorm Gold Ltd. (NYSEAMERICAN:SAND) Logo

The stock of Sandstorm Gold LTD. Ordinary Shares (canada (NYSEAMERICAN:SAND) registered a decrease of 12.36% in short interest. SAND’s total short interest was 1.74M shares in May as published by FINRA. Its down 12.36% from 1.98 million shares, reported previously. With 1.46M shares average volume, it will take short sellers 1 days to cover their SAND’s short positions. The short interest to Sandstorm Gold LTD. Ordinary Shares (canada’s float is 0.97%.

The stock decreased 2.55% or $0.14 during the last trading session, reaching $5.16. About 1.21M shares traded. Sandstorm Gold Ltd. (NYSEAMERICAN:SAND) has risen 16.70% since May 8, 2018 and is uptrending. It has outperformed by 12.33% the S&P500.

Sandstorm Gold Ltd., a resource-based company, focuses on acquiring gold and other metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines. The company has market cap of $942.91 million. The firm offers upfront payments for companies to acquire a gold stream or royalty in return, it receives the right to purchase a percentage of a mineÂ’s production for the life of the mine at a fixed or variable price per unit. It has a 172.17 P/E ratio. It has 142 gold streams and net smelter returns royalties.

More notable recent Sandstorm Gold Ltd. (NYSEAMERICAN:SAND) news were published by: Stockhouse.com which released: “Revolutionizing Oil Production: Cheaper, Cleaner, More Efficient-V.PQE – Stockhouse” on March 07, 2018, also Juniorminingnetwork.com with their article: “Sandstorm Gold Royalties Provides Corporate and Asset Updates – Junior Mining Network” published on July 16, 2018, Globenewswire.com published: “Gran Tierra Energy Inc. Announces Third Quarter 2018 Results and Operational Update Highlighted by Record Company Production and Net Income – GlobeNewswire” on November 01, 2018. More interesting news about Sandstorm Gold Ltd. (NYSEAMERICAN:SAND) were released by: Marketwatch.com and their article: “Keystone pipeline: Who wins when the oil flows? – MarketWatch” published on January 25, 2013 as well as Marketwatch.com‘s news article titled: “Top-ranked Hodges Fund loads up on infrastructure stocks as Trump plans to fix roads and bridges – MarketWatch” with publication date: March 20, 2017.

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