Snowline Gold Corp. (CVE:SGD - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as C$6.39 and last traded at C$6.34, with a volume of 71883 shares trading hands. The stock had previously closed at C$6.05.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on SGD shares. CIBC lowered their price objective on shares of Snowline Gold from C$9.00 to C$7.00 in a report on Monday, December 2nd. Scotiabank decreased their target price on Snowline Gold from C$9.50 to C$8.50 in a research report on Wednesday, January 15th.
View Our Latest Report on Snowline Gold
Snowline Gold Stock Performance
The company has a market cap of C$1.02 billion, a P/E ratio of -58.33 and a beta of 0.81. The business's fifty day moving average is C$5.39 and its two-hundred day moving average is C$5.36.
Insiders Place Their Bets
In other Snowline Gold news, Director Calum Macleod Morrison bought 25,000 shares of the business's stock in a transaction on Friday, December 6th. The shares were acquired at an average price of C$5.05 per share, with a total value of C$126,200.00. 27.64% of the stock is currently owned by company insiders.
Snowline Gold Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Snowline Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Snowline Gold wasn't on the list.
While Snowline Gold currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
