Snowline Gold (CVE:SGD) PT Set at C$17.50 by BMO Capital Markets

BMO Capital Markets set a C$17.50 target price on Snowline Gold (CVE:SGD) in a report released on Wednesday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

SGD has been the topic of several other reports. Desjardins set a C$11.00 price target on shares of Snowline Gold and gave the stock a “buy” rating in a research report on Tuesday, February 25th. National Bank Financial upgraded Snowline Gold to a “strong-buy” rating in a research report on Thursday, April 3rd. Finally, Scotiabank cut their price objective on Snowline Gold from C$9.50 to C$8.50 in a report on Wednesday, January 15th.

Snowline Gold Stock Performance

Shares of CVE:SGD traded up C$0.45 on Wednesday, hitting C$7.90. The company’s stock had a trading volume of 47,864 shares, compared to its average volume of 142,083. Snowline Gold has a 12 month low of C$3.88 and a 12 month high of C$8.81. The stock’s 50-day moving average is C$7.10 and its two-hundred day moving average is C$6.00. The company has a market capitalization of C$1.28 billion, a price-to-earnings ratio of -73.14 and a beta of 0.81.

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.