Sandstorm Gold (NYSEAMERICAN: SAND) Lowered to "Sell" at Zacks Investment Research

Sandstorm Gold (NYSEAMERICAN: SAND) from a hold rating Published by the Canadian Institute of Mining, Labor and Beige, (Clearwisdom.net)

According to Zacks, "Sandstorm Gold Ltd. is a gold streaming company. Mining companies in Vancouver, Canada. "

Shares of NYSEAMERICAN: SAND traded up $ 0.12 during trading on Tuesday, hitting $ 4.47 .567,400 shares of the stock were exchanged , compared to its average volume of 1,227.184. Sandstorm Gold has a 12-month low of $ 3.83 and a 12-month high of $ 5.64.

                 Sandstorm Gold (NYSEAMERICAN: SAND) last Wednesday, May 9th. The mining company reported $ 0.01 per share for the quarter, meeting badysts' consensus estimates of $ 0.01. The company had revenue of $ 19.47 million during the quarter, compared to badysts' expectations of $ 19.00 million.

A number of large investors have recently bought and sold shares of SAND. Natixis bought a new position in shares of Sandstorm Gold during the first quarter worth of $ 110,000. Her Majesty the Queen in Right of the Province of Alberta has been represented by Alberta Investment Management Corp. in the position of $ 229,000. Arlington Partners LLC bought a new position in shares of Sandstorm Gold for $ 245,000. Millennium Management LLC bought a new position in shares of Sandstorm Gold during the fourth quarter of $ 259,000. Finally, Goldman Sachs Group Inc. lifted its position in Sandstorm Gold by 104.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 55,727 shares of the mining company's stock worth $ 278,000 after purchasing an additional 28,430 shares during the last quarter.

Sandstorm Gold Company Profile

Sandstorm Gold Ltd. operates as a gold streaming and royalty company. It has a portfolio of 174 streams and royalties in Canada, the United States, Australia, Honduras, Brazil, Peru, Chile, Argentina, Australia, Turkey, French Guiana, South Africa, Paraguay, Botswana, Sweden, Mongolia, Mexico, and Cote of Ivory.

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