Snowline Gold (SGD) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Skyledger Tech Corp. and changed its name to Snowline Gold Corp. in February 2021. Snowline Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$13.13 to C$13.75
• 50-Day Range: C$9.00 to C$13.92
• 52-Week Range: C$4.88 to C$14.78
• Volume: 235,697 shs
• Average Volume: 163,230 shs
• Market Capitalization: C$2.30 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$13.90
• Consensus Rating: Buy

Snowline Gold Stock Analysis - MarketRank™

Snowline Gold scored higher than 16% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Buy

Consensus Rating

Snowline Gold has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Snowline Gold is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Snowline Gold has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Snowline Gold is -63.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Snowline Gold is -63.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Snowline Gold has a P/B Ratio of 52.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SGD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Snowline Gold does not currently pay a dividend.

Dividend Growth

Snowline Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SGD.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.14

News Sentiment

Snowline Gold has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Snowline Gold this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Snowline Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

27.64% of the stock of Snowline Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.46% of the stock of Snowline Gold is held by institutions.

SGD Stock Analysis - Frequently Asked Questions

How have SGD shares performed this year?

Snowline Gold's stock was trading at C$5.11 at the start of the year. Since then, SGD shares have increased by 160.9% and is now trading at C$13.33.

How do I buy shares of Snowline Gold?

Shares of SGD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Snowline Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Snowline Gold investors own include Barrick Gold (ABX), ARC Resources (ARX), Arianne Phosphate (DAN), Dolly Varden Silver (DV), Jaguar Mining (JAG), Lithium Americas (Argentina) (LAAC) and Sibanye Gold (SBSW).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Real Estate
• Current Symbol: CVE:SGD
• CIK: N/A
• Web: snowlinegold.com
• Phone: 778-650-5485
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Snowline Gold: C$13.90
• High Price Target: C$17.50
• Low Price Target: C$8.50
• Potential Upside/Downside: +4.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$17.87 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -68.30%
• Return on Assets: -31.74%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 10.79
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$0.25 per share
• Price / Book: 52.77

Miscellaneous

• Outstanding Shares: 172,274,000
• Free Float: N/A
• Market Cap: C$2.30 billion
• Optionable: Not Optionable
• Beta: 0.11