Snowline Gold (CVE:SGD) Stock Price Up 0.3% - What's Next?

Snowline Gold Corp. (CVE:SGD - Get Free Report)'s stock price rose 0.3% during mid-day trading on Thursday . The company traded as high as C$7.81 and last traded at C$7.71. Approximately 41,858 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 143,086 shares. The stock had previously closed at C$7.69.

Wall Street Analyst Weigh In

SGD has been the topic of a number of research analyst reports. Desjardins set a C$11.00 price target on Snowline Gold and gave the stock a "buy" rating in a research note on Tuesday, February 25th. National Bank Financial raised Snowline Gold to a "strong-buy" rating in a research note on Thursday, April 3rd. Finally, BMO Capital Markets set a C$17.50 price target on Snowline Gold and gave the stock an "outperform" rating in a research note on Wednesday, April 9th.

Snowline Gold Stock Down 0.1%

The stock has a market cap of C$1.25 billion, a PE ratio of -71.29 and a beta of 0.81. The stock has a 50-day moving average of C$7.85 and a 200 day moving average of C$6.55.

Snowline Gold Company Profile

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.