Snowline Gold Corp. (CVE:SGD - Get Free Report) traded down 0.5% during mid-day trading on Wednesday . The company traded as low as C$7.99 and last traded at C$8.05. 78,131 shares were traded during trading, a decline of 46% from the average session volume of 145,161 shares. The stock had previously closed at C$8.09.
Analyst Upgrades and Downgrades
SGD has been the topic of several research analyst reports. National Bank Financial upgraded Snowline Gold to a "strong-buy" rating in a research report on Thursday, April 3rd. Desjardins set a C$11.00 target price on Snowline Gold and gave the stock a "buy" rating in a report on Tuesday, February 25th. BMO Capital Markets set a C$17.50 price target on shares of Snowline Gold and gave the company an "outperform" rating in a report on Wednesday, April 9th. Finally, Scotiabank reduced their price objective on shares of Snowline Gold from C$9.50 to C$8.50 in a research report on Wednesday, January 15th.
View Our Latest Analysis on SGD
Snowline Gold Stock Performance
The firm has a market capitalization of C$1.26 billion, a P/E ratio of -71.75 and a beta of 0.81. The firm has a 50 day moving average price of C$8.02 and a two-hundred day moving average price of C$6.39.
Snowline Gold Company Profile
(
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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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