11:21 AM EST, 02/19/2025 (MT Newswires) -- RBC Capital Markets and National Bank of Canada maintained their ratings and price targets on the shares of Sandstorm Gold ( SAND ) following fourth-quarter results from the royalty and streaming company.

RBC said in a Wednesday note that it kept Sandstorm's outperform rating and US$6.50 price target following its mixed results in the fourth quarter, including an adjusted earnings miss of US$0.02 and in-line free cash flow of US$28 million.

National Bank said Tuesday that it retained its outperform rating and $11.00 price target on the company's shares.

"We continue to believe the more diversified and expanded portfolio will ultimately warrant a re-rating towards that of larger-cap peers," the bank said.

Price: 8.01, Change: -1.15, Percent Change: -12.55