Sandstorm Gold Receives Favorable Proxy Advisor Recommendations for Shareholder Meeting

Sandstorm Gold ( (TSE:SSL) ) has shared an announcement.

Sandstorm Gold Royalties announced that Institutional Shareholder Services Inc. (ISS) and Glass, Lewis & Co. LLC have recommended that shareholders vote in favor of all management proposals at the upcoming Annual General and Special Meeting. This includes proposals related to amendments to the company’s share-based compensation program. The favorable recommendations from these leading proxy advisors are expected to positively impact the company’s governance and shareholder relations.

The most recent analyst rating on (TSE:SSL) stock is a Buy with a C$10.25 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 stock is supported by strong operational efficiency and positive corporate developments, but faces challenges due to stagnant revenue growth and high leverage. The technical analysis is favorable, showing bullish momentum, but the high valuation suggests caution. Overall, the stock shows promise but requires careful monitoring of financial and market conditions.

To see Spark’s full report on TSE:SSL stock, click here.

More about Sandstorm Gold

Sandstorm Gold Royalties is a company focused on precious metals, providing upfront financing to mining companies in exchange for a percentage of production from mines. It holds a portfolio of approximately 230 royalties, with 40 of the underlying mines currently producing. The company aims to grow and diversify its production profile by acquiring additional gold royalties.

Average Trading Volume: 612,468

Technical Sentiment Signal: Buy

Current Market Cap: C$3.3B

See more data about SSL stock on TipRanks’ Stock Analysis page.