Scotiabank raised the firm’s price target on Sandstorm Gold (SAND) to $8.25 from $7.25 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on stocks in the Gold & Precious Minerals sector, the analyst tells investors. The firm is expecting flat margins quarter-over-quarter given Q1 is a weaker operating quarter for most companies, with stronger operating performance in the second half of the year. Commentary on potential tariff impact will be a focus for most companies as they review their supply chain/purchases and overall impact to costs, the firm adds.
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Read More on SAND:
- Sandstorm Gold Stock (SAND) Surges 17% on Record Q1 Revenue
- Sandstorm Gold Achieves Record Revenue and Strategic Share Buybacks in Q1 2025
- Sandstorm Gold sees Q1 revenue $50.1M vs. $42.8M last year
- Sandstorm Gold price target raised to $9.50 from $8.25 at Raymond James
- Sandstorm Gold price target raised to $7 from $6.50 at RBC Capital