|FWIW, I have seen three new analyst reports since Sandstorm Gold Royalties aka SSL announced the gold stream/debenture deal with Bear Creek Mining, which is buyin gthe Mercedes mine in Mexico from Equinox Gold. All three saw the deal as slightly positive and noticed it will help with near term cash flow, but none of them changed their target or rating. |
TD Kept them at Buy with a target of $C11.
RBC kept them at Underperform with a target of $US7.
BMO kept them at Market Perofrm with a target of $C9.
SSL is certainly divisive; one rarely sees such a spread among forecasts for mining juniors.