Snowline Gold (CVE:SGD) Price Target Raised to C$22.00 at CIBC

Snowline Gold (CVE:SGD) had its price objective upped by CIBC from C$17.50 to C$22.00 in a research report report published on Wednesday morning,BayStreet.CA reports.

Separately, National Bankshares set a C$15.00 price target on Snowline Gold and gave the stock an “outperform” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, Snowline Gold presently has a consensus rating of “Buy” and a consensus price target of C$17.10.

Snowline Gold Trading Up 3.0%

Shares of Snowline Gold stock opened at C$15.93 on Wednesday. Snowline Gold has a twelve month low of C$4.95 and a twelve month high of C$16.12. The firm has a market capitalization of C$2.76 billion, a PE ratio of -53.10 and a beta of 0.27. The firm’s 50-day moving average price is C$13.46 and its 200 day moving average price is C$10.80.

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.