Snowline Gold (CVE:SGD - Free Report) had its target price lowered by Scotiabank from C$9.50 to C$8.50 in a research report released on Wednesday morning,BayStreet.CA reports.
Separately, CIBC dropped their target price on Snowline Gold from C$9.00 to C$7.00 in a report on Monday, December 2nd.
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Snowline Gold Price Performance
CVE:SGD traded down C$0.07 during mid-day trading on Wednesday, hitting C$5.26. The company's stock had a trading volume of 81,017 shares, compared to its average volume of 126,955. The business's fifty day moving average is C$5.22 and its two-hundred day moving average is C$5.27. The stock has a market cap of C$833.71 million, a price-to-earnings ratio of -29.22 and a beta of 0.81. Snowline Gold has a 1 year low of C$3.88 and a 1 year high of C$6.39.
Insider Transactions at Snowline Gold
In other Snowline Gold news, Director Calum Macleod Morrison bought 25,000 shares of Snowline Gold stock in a transaction dated Friday, December 6th. The stock was acquired at an average cost of C$5.05 per share, with a total value of C$126,200.00. Corporate insiders own 27.64% of the company's stock.
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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