Snowline Gold (CVE:SGD) Given a C$15.00 Price Target by National Bankshares Analysts

Snowline Gold (CVE:SGD) has been assigned a C$15.00 target price by investment analysts at National Bankshares in a report released on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 39.02% from the company’s previous close.

Snowline Gold Trading Up 6.4%

CVE:SGD opened at C$10.79 on Friday. The company has a 50-day moving average price of C$9.26 and a 200-day moving average price of C$8.28. Snowline Gold has a 12 month low of C$4.72 and a 12 month high of C$10.97. The stock has a market cap of C$1.74 billion, a price-to-earnings ratio of -51.38 and a beta of -0.05.

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.