Snowline Gold Corp. (CVE:SGD - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$10.38 and last traded at C$9.50, with a volume of 434479 shares. The stock had previously closed at C$8.03.
Analysts Set New Price Targets
A number of brokerages recently issued reports on SGD. BMO Capital Markets set a C$17.50 price objective on Snowline Gold and gave the stock an "outperform" rating in a report on Wednesday, April 9th. National Bank Financial raised Snowline Gold to a "strong-buy" rating in a report on Thursday, April 3rd.
Get Our Latest Stock Analysis on SGD
Snowline Gold Price Performance
The company has a 50 day moving average price of C$7.87 and a two-hundred day moving average price of C$7.13. The stock has a market cap of C$1.54 billion, a PE ratio of -88.23 and a beta of 0.81.
Snowline Gold Company Profile
(
Get Free Report)
Snowline Gold Corp. explores and develops gold properties in Canada. The company also explores for silver, zinc, nickel, vanadium, copper and molybdenum. Its flagship project is the Rogue gold project, which consists of 4,580 mineral claims covering an area of approximately 94,397 hectares located in the Selwyn Basin, Yukon Territory.
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