Snowline Gold Corp. (CVE:SGD - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$7.99 and last traded at C$7.90, with a volume of 89119 shares traded. The stock had previously closed at C$7.47.
Wall Street Analysts Forecast Growth
SGD has been the topic of several research reports. Desjardins set a C$11.00 target price on Snowline Gold and gave the company a "buy" rating in a research note on Tuesday, February 25th. Scotiabank cut their price objective on shares of Snowline Gold from C$9.50 to C$8.50 in a research report on Wednesday, January 15th. Finally, CIBC decreased their target price on shares of Snowline Gold from C$9.00 to C$7.00 in a research report on Monday, December 2nd.
Read Our Latest Stock Report on Snowline Gold
Snowline Gold Trading Up 1.3 %
The company has a 50 day moving average of C$5.94 and a 200-day moving average of C$5.57. The firm has a market capitalization of C$1.29 billion, a P/E ratio of -73.88 and a beta of 0.81.
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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