Intel stock extends gains after report of possible U.S. government stake
Sandstorm Gold Ltd (TSX:SSL) (SAND) stock has reached a new 52-week high, hitting 9.68 USD. This milestone reflects a significant upward trend for the company, with its stock price climbing by 71.53% over the past year. According to InvestingPro data, analysts have set price targets ranging from $9.00 to $11.75, suggesting potential further upside. The company maintains impressive gross profit margins of 84.69%. The surge can be attributed to various factors, including favorable market conditions and strategic company initiatives that have bolstered investor confidence. Management has been actively buying back shares, and with a market capitalization of $2.83 billion, the company shows strong momentum. As Sandstorm Gold (NYSE:SAND) continues to perform well, its stock’s impressive 1-year change highlights the company’s robust growth and potential in the precious metals sector. InvestingPro subscribers can access 12 additional investment tips and a comprehensive Pro Research Report for deeper analysis.
In other recent news, Sandstorm Gold Ltd. announced record operating results for the first quarter of 2025, highlighting a period of strong performance. The company reported record revenue and significant share buybacks totaling $19 million. These financial achievements underscore Sandstorm Gold’s financial health and commitment to shareholder returns. Detailed financial results are expected to be released on May 6, which will provide further insights into the company’s performance. Additionally, Sandstorm Gold disclosed that it received favorable voting recommendations from Institutional Shareholder Services and Glass Lewis (JO:LEWJ) for its upcoming 2025 shareholder meeting. These endorsements are likely to influence shareholder decisions. In other developments, First Majestic Silver (NYSE:AG) Corp. discovered a significant gold-silver vein at its Santa Elena property in Sonora, Mexico. The Santo Niño vein has been traced over one kilometer along strike, with drilling confirming a mineralized core. Exploration efforts continue, with nine rigs active at the site to extend the mine’s life.
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