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Sandstorm Gold ( (TSE:SSL) ) has issued an update.
Sandstorm Gold Ltd. has announced that Royal Gold Inc. has received all necessary regulatory approvals for its acquisition of Sandstorm, including those from the Investment Canada Act and the South African antitrust authorities. The transaction, expected to close early in the fourth quarter of 2025, is contingent upon customary closing conditions such as shareholder approvals and the listing of Royal Gold’s shares on Nasdaq. Sandstorm’s Board of Directors recommends shareholders vote in favor of the arrangement at the upcoming special meeting, especially considering the ongoing Canada Post strike, which may affect mail-in voting.
The most recent analyst rating on (TSE:SSL) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Sandstorm Gold stock, see the TSE:SSL Stock Forecast page.
Spark’s Take on TSE:SSL Stock
According to Spark, TipRanks’ AI Analyst, TSE:SSL is a Outperform.
Sandstorm Gold’s strong financial performance and positive earnings call are the most significant factors contributing to its overall score. The company’s robust revenue growth, profitability, and strategic initiatives support a positive outlook. Technical analysis also indicates bullish momentum. However, the high P/E ratio suggests caution in terms of valuation.
To see Spark’s full report on TSE:SSL stock, click here.
More about Sandstorm Gold
Sandstorm Gold Royalties is a precious metals-focused royalty company that provides upfront financing to mining companies in exchange for a percentage of production from a mine for its entire lifespan. The company holds a portfolio of approximately 230 royalties, with 40 of the underlying mines currently producing.
YTD Price Performance: 114.18%
Average Trading Volume: 798,185
Technical Sentiment Signal: Buy
Current Market Cap: C$5.01B
See more insights into SSL stock on TipRanks’ Stock Analysis page.