Sandstorm Gold (NYSEMKT:SAND) is not a typical streaming/royalty company. Apart from running a portfolio of streams and royalties, the company also holds a few equity stakes in mining companies. As a result, it is a little bit hard to value the company’s shares. In this article, using a simple valuation model, I would like to show that Sandstorm’s shares are undervalued now.
Introduction
As I noted above, Sandstorm holds two main asset classes:
Streaming/royalty portfolio Equity portfolio
The first class may be valued using the discount cash flow model. In its financial reports, the company discloses all relevant conditions at which it had entered each stream and royalty agreement as for example: duration, price at which the metals are to be acquired, the amount of metals under agreement, etc.
Having this data, I can easily find the discounted value of each stream and royalty.
As for equities, I have focused on three main equity stakes held by the company. To find their value, I am using two methods:
Top 5 High Tech Stocks To Buy Right Now: Liberty Broadband Corporation(LBRDK)
Advisors’ Opinion:
- [By Ethan Ryder]
Media headlines about Liberty Broadband Corp Series C (NASDAQ:LBRDK) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Liberty Broadband Corp Series C earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2592060171908 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Max Byerly]
Liberty Broadband Corp Series C (NASDAQ: LBRDK) and Roku (NASDAQ:ROKU) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings, dividends and valuation.
Top 5 High Tech Stocks To Buy Right Now: Transportadora De Gas Sa Ord B(TGS)
Advisors’ Opinion:
- [By Stephan Byrd]
TransCanada (NYSE: TRP) and Transportadora de Gas del Sur (NYSE:TGS) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.
- [By Max Byerly]
News stories about Transportadora de Gas del Sur (NYSE:TGS) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Transportadora de Gas del Sur earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 46.2643511773395 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Joseph Griffin]
Transportadora de Gas del Sur (NYSE: TGS) and Western Gas Equity Partners (NYSE:WGP) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, valuation, analyst recommendations, earnings, profitability, institutional ownership and dividends.
- [By Joseph Griffin]
Freestone Capital Holdings LLC increased its stake in Transportadora de Gas del Sur SA (NYSE:TGS) by 56.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 177,803 shares of the energy company’s stock after purchasing an additional 64,160 shares during the quarter. Freestone Capital Holdings LLC owned approximately 0.11% of Transportadora de Gas del Sur worth $3,617,000 at the end of the most recent quarter.
- [By Max Byerly]
Transportadora de Gas del Sur (NYSE: TGS) and Antero Midstream Partners (NYSE:AM) are both mid-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, risk, valuation, institutional ownership, earnings, analyst recommendations and profitability.
Top 5 High Tech Stocks To Buy Right Now: Moelis & Company(MC)
Advisors’ Opinion:
- [By Max Byerly]
Moelis & Co (NYSE:MC) shares traded down 8.7% during mid-day trading on Thursday . The stock traded as low as $60.85 and last traded at $61.10. 920,800 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 398,993 shares. The stock had previously closed at $66.95.
- [By Shane Hupp]
Moelis & Co (NYSE: MC) and Monroe Capital (NASDAQ:MRCC) are both finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, risk, institutional ownership, earnings, dividends and analyst recommendations.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Moelis & Co (MC)
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Top 5 High Tech Stocks To Buy Right Now: Vaalco Energy Inc(EGY)
Advisors’ Opinion:
- [By Money Morning Staff Reports]
But Blink and our other penny stocks to watch are unlikely to continue to lock in such spectacular gains in June. After looking at our 10 top penny stocks to watch this month, we’ll show you a small-cap stock with great profit potential in its future…
Penny Stock Current Share Price Law Month’s Gain
Blink Charging Co. (Nasdaq: BLNK) $7.07 439.85%
Senes Tech Inc. (Nasdaq: SNES) $1.27 175.40%
Vivis Inc. (Nasdaq: VVUS) $0.77 150.41%
Adomani Inc. (Nasdaq: ADOM) $1.49 137.68%
NF Energy Saving Co. (Nasdaq: NFEC) $2.34 134.88%
Vaalco Energy Inc. (NYSE: EGY) $2.15 109.06%
Heat Biologics Inc. (Nasdaq: HTBX) $2.35 99.12%
ArQule Inc. (Nasdaq: ARQL) $4.88 90.74%
LiqTech International Inc. (NYSE: LIQT) $0.66 85.60%
Transenterix Inc. (NYSE: TRXC) $3.46 77.84%
While last month’s gains are tremendous, they also illustrate the inherent dangers that come with investing in penny stocks.
- [By Lisa Levin] Gainers
Cara Therapeutics, Inc. (NASDAQ: CARA) rose 18.2 percent to $13.71 in pre-market trading. Cara Therapeutics and Vifor Fresenius Medical Care Renal Pharma entered into ex-U.S. licensing agreement to commercialize KORSUVA™ injection in dialysis patients with pruritus.
Heat Biologics, Inc. (NASDAQ: HTBX) shares rose 10.6 percent to $2.20 in pre-market trading after surging 12.43 percent on Tuesday.
VAALCO Energy, Inc. (NYSE: EGY) rose 10.5 percent to $2.37 in pre-market trading after dropping 10.04 percent on Tuesday.
Boxlight Corporation (NASDAQ: BOXL) rose 8.3 percent to $7.15 in pre-market trading after falling 16.03 percent on Tuesday.
Tiffany & Co. (NYSE: TIF) rose 7.8 percent to $110.25 in pre-market trading after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
Heat Biologics, Inc. (NASDAQ: HTBX) shares rose 7.1 percent to $2.13 in pre-market trading. after climbing 12.43 percent on Tuesday.
Clementia Pharmaceuticals Inc. (NASDAQ: CMTA) rose 5.9 percent to $20.01 in pre-market trading after reporting positive Phase 2 Part B data showing treatment with palovarotene significantly reduces new bone growth in patients with FOP.
Under Armour, Inc. (NYSE: UA) rose 3.5 percent to $18.44 in pre-market trading.
Aegean Marine Petroleum Network Inc. (NYSE: ANW) shares rose 3.5 percent to $2.95 in pre-market trading.
MetLife, Inc. (NYSE: MET) rose 3.2 percent to $50.00 in pre-market trading after reporting a $1.5 billion buyback plan.
Lowe's Companies, Inc. (NYSE: LOW) rose 3.2 percent to $88.51 in pre-market trading. Lowe's reported downbeat results for its first quarter on Wednesday.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Lisa Levin] Gainers
Cara Therapeutics, Inc. (NASDAQ: CARA) shares jumped 28.5 percent to $14.91 in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million.
EVO Payments, Inc. (NASDAQ: EVOP) rose 21.5 percent to $19.44. EVO Payments priced its IPO at $16 per share.
Tiffany & Co. (NYSE: TIF) jumped 16.3 percent to $118.92 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
Ralph Lauren Corporation (NYSE: RL) shares gained 13.4 percent to $132.225 after the company reported stronger-than-expected results for its fourth quarter.
OneSmart International Edun Gr Ltd – ADR (NYSE: ONE) shares rose 12.2 percent to $13.52
Heat Biologics, Inc. (NASDAQ: HTBX) shares gained 11.4 percent to $2.2164 after surging 12.43 percent on Tuesday.
USA Technologies, Inc. (NASDAQ: USAT) rose 10.4 percent to $13.02 after announcing pricing of public offering.
KemPharm, Inc. (NASDAQ: KMPH) gained 10.3 percent to $6.725. Janney Capital initiated coverage on KemPharm with a Buy rating.
Heat Biologics, Inc. (NASDAQ: HTBX) shares rose 10 percent to $2.1894 after climbing 12.43 percent on Tuesday.
Lowe's Companies, Inc. (NYSE: LOW) rose 9.5 percent to $93.92. Lowe's reported downbeat results for its first quarter on Wednesday.
xG Technology, Inc. (NASDAQ: XGTI) jumped 9.1 percent to $0.829 after the company’s subsidiary IMT Vislink received a $1.4 million order from the U.S. Air Force.
VAALCO Energy, Inc. (NYSE: EGY) rose 8.6 percent to $2.34 after dropping 10.04 percent on Tuesday.
American Equity Investment Life Holding Company (NYSE: AEL) rose 8.4 percent to $34.99. American Equity Investment Life confirmed preliminary talks related to a potential deal.
Boxl
Top 5 High Tech Stocks To Buy Right Now: Cumberland Pharmaceuticals Inc.(CPIX)
Advisors’ Opinion:
- [By Logan Wallace]
JW Asset Management LLC cut its stake in Cumberland Pharmaceuticals, Inc. (NASDAQ:CPIX) by 32.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,942 shares of the specialty pharmaceutical company’s stock after selling 84,939 shares during the period. Cumberland Pharmaceuticals comprises about 1.2% of JW Asset Management LLC’s holdings, making the stock its 16th largest holding. JW Asset Management LLC owned about 1.14% of Cumberland Pharmaceuticals worth $1,195,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Max Byerly]
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