Snowline Gold Corp. (CVE:SGD - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$6.90 and last traded at C$6.94, with a volume of 170802 shares changing hands. The stock had previously closed at C$6.64.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on SGD shares. Desjardins set a C$11.00 target price on shares of Snowline Gold and gave the company a "buy" rating in a report on Tuesday, February 25th. Scotiabank lowered their target price on shares of Snowline Gold from C$9.50 to C$8.50 in a report on Wednesday, January 15th. Finally, CIBC lowered their target price on shares of Snowline Gold from C$9.00 to C$7.00 in a report on Monday, December 2nd.
Get Our Latest Research Report on Snowline Gold
Snowline Gold Price Performance
The stock has a market capitalization of C$1.24 billion, a price-to-earnings ratio of -70.64 and a beta of 0.81. The business's 50-day simple moving average is C$5.78 and its two-hundred day simple moving average is C$5.53.
About Snowline Gold
(
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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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