Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sandstorm Gold's share price for the quarter that ended in Dec. 2023 was $5.03. Sandstorm Gold's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 297.7 Mil. Therefore, Sandstorm Gold's market cap for the quarter that ended in Dec. 2023 was $1,497.3 Mil.
Sandstorm Gold's quarterly market cap
declined
from Jun. 2023 ($1,516.3 Mil) to Sep. 2023 ($1,380.2 Mil) but then
increased
from Sep. 2023 ($1,380.2 Mil) to Dec. 2023 ($1,497.3 Mil).
Sandstorm Gold's annual market cap
increased
from Dec. 2021 ($1,188.2 Mil) to Dec. 2022 ($1,571.9 Mil) but then
declined
from Dec. 2022 ($1,571.9 Mil) to Dec. 2023 ($1,497.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sandstorm Gold's Enterprise Value for Today is $2,027.4 Mil.
Sandstorm Gold Market Cap Historical Data
The historical data trend for Sandstorm Gold's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Sandstorm Gold's Market Cap
For the Gold subindustry, Sandstorm Gold's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sandstorm Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandstorm Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Sandstorm Gold's Market Cap falls into.
Sandstorm Gold Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sandstorm Gold's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sandstorm Gold (NYSE:SAND) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sandstorm Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Sandstorm Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sandstorm Gold (Sandstorm Gold) Business Description
Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SAND has been successfully added to your 