Snowline Gold (CVE:SGD) PT Set at C$17.50 by BMO Capital Markets

BMO Capital Markets set a C$17.50 price target on Snowline Gold (CVE:SGD - Free Report) in a research report released on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other equities research analysts also recently commented on SGD. National Bank Financial upgraded Snowline Gold to a "strong-buy" rating in a research report on Thursday, April 3rd. Scotiabank decreased their price target on Snowline Gold from C$9.50 to C$8.50 in a research report on Wednesday, January 15th. Finally, Desjardins set a C$11.00 price objective on Snowline Gold and gave the stock a "buy" rating in a report on Tuesday, February 25th.

Snowline Gold Trading Up 3.6 %

SGD stock traded up C$0.30 on Wednesday, hitting C$8.59. 136,658 shares of the company's stock traded hands, compared to its average volume of 145,900. The stock has a market cap of C$1.39 billion, a price-to-earnings ratio of -79.53 and a beta of 0.81. Snowline Gold has a 1-year low of C$3.88 and a 1-year high of C$8.81. The stock has a fifty day moving average of C$7.20 and a 200-day moving average of C$6.03.

About Snowline Gold

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.