Snowline Gold (CVE:SGD) Trading Down 2.6% - What's Next?

Snowline Gold Corp. (CVE:SGD - Get Free Report)'s share price was down 2.6% during trading on Wednesday . The company traded as low as C$5.45 and last traded at C$5.54. Approximately 64,210 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 132,393 shares. The stock had previously closed at C$5.69.

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price objective on Snowline Gold from C$16.50 to C$17.25 in a report on Tuesday, July 23rd.

Snowline Gold Trading Down 2.0 %

The company has a market capitalization of C$860.66 million, a price-to-earnings ratio of -30.78 and a beta of 0.81. The stock's 50 day moving average price is C$5.52 and its 200 day moving average price is C$5.45.

Snowline Gold (CVE:SGD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 27th. The company reported C($0.05) EPS for the quarter.

Snowline Gold Company Profile

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.