Snowline Gold (CVE:SGD – Get Free Report) had its price target raised by Canaccord Genuity Group from C$15.50 to C$16.50 in a research report issued on Friday, BayStreet.CA reports. Canaccord Genuity Group’s price target would suggest a potential upside of 193.07% from the company’s previous close.
Several other equities analysts have also commented on the stock. CIBC increased their price objective on shares of Snowline Gold from C$8.50 to C$9.00 in a research report on Wednesday, February 7th. National Bankshares set a C$9.00 price target on shares of Snowline Gold and gave the stock an “outperform” rating in a research note on Monday, January 29th.
Read Our Latest Stock Analysis on SGD
Snowline Gold Trading Down 1.2 %
Insider Activity
In other news, Senior Officer Matthew Frederick Roma sold 20,000 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of C$5.46, for a total transaction of C$109,200.00. Company insiders own 26.73% of the company’s stock.
Snowline Gold Company Profile
Snowline Gold Corp. engages in the exploration of gold properties in Canada. Its flagship projects include the Einarson and Rogue projects covering an area of approximately 137,000 hectares located in the Selwyn Basin, Canada. The company was formerly known as Skyledger Tech Corp. and changed its name to Snowline Gold Corp.
Further Reading
- Five stocks we like better than Snowline Gold
- Bank Stocks – Best Bank Stocks to Invest In
- MarketBeat Week in Review – 4/22 – 4/26
- P/E Ratio Calculation: How to Assess Stocks
- 3 Stocks Leading the U.S. Agriculture Comeback
- EV Stocks and How to Profit from Them
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Snowline Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snowline Gold and related companies with MarketBeat.com's FREE daily email newsletter.