Why Shares of Sandstorm Gold Are Falling Today

After rising higher on each of the last four trading days, shares of Sandstorm Gold (NYSE: SAND) are giving back some of their gains today. While the general bearish sentiment sweeping through the market on Wednesday is motivating some investors to exit their positions, others are selling the stock in response to an analyst's revised price target and the falling price of gold. As of 11 a.m. ET on Wednesday, shares of Sandstorm Gold were down 4.3%, mitigating their loss of 6.1% earlier in the day.