Sabina Gold & Silver (SBB) PT Lowered to C$3.00 at TD Securities

Sabina Gold & Silver (TSE:SBB) had its target price dropped by stock analysts at TD Securities from C$3.25 to C$3.00 in a report issued on Wednesday. TD Securities’ target price suggests a potential upside of 69.49% from the stock’s previous close.

Separately, Royal Bank of Canada increased their price objective on shares of Sabina Gold & Silver from C$2.50 to C$3.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 21st.

Sabina Gold & Silver (TSE:SBB) traded up C$0.04 during trading hours on Wednesday, hitting C$1.77. 95,210 shares of the company were exchanged, compared to its average volume of 439,116. The stock has a market cap of $433.13, a PE ratio of -88.50 and a beta of 0.31. Sabina Gold & Silver has a 1 year low of C$1.25 and a 1 year high of C$2.70.

In related news, insider Dundee Precious Metals Inc. acquired 2,200,000 shares of the stock in a transaction that occurred on Monday, January 15th. The stock was purchased at an average price of C$2.26 per share, with a total value of C$4,972,000.00. Insiders have purchased a total of 2,220,000 shares of company stock valued at $5,007,900 in the last ninety days.

TRADEMARK VIOLATION WARNING: “Sabina Gold & Silver (SBB) PT Lowered to C$3.00 at TD Securities” was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The legal version of this article can be read at

About Sabina Gold & Silver

Sabina Gold & Silver Corp. is a precious metals company. The Company’s principal business activity is the exploration and development of mineral property interests. The Company’s principal assets are the Back River gold project and its silver royalty on the Hackett River project, both of which are located in Nunavut, Canada.

Receive News & Ratings for Sabina Gold & Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabina Gold & Silver and related companies with's FREE daily email newsletter.

Leave a Reply