CIBC Lowers Snowline Gold (CVE:SGD) Price Target to C$7.00

Snowline Gold (CVE:SGD) had its price objective cut by CIBC from C$9.00 to C$7.00 in a research note issued to investors on Monday morning,BayStreet.CA reports.

Snowline Gold Price Performance

Shares of Snowline Gold stock opened at C$5.34 on Monday. The stock has a market cap of C$846.39 million, a P/E ratio of -29.67 and a beta of 0.81. The stock’s 50 day simple moving average is C$5.54 and its 200-day simple moving average is C$5.38. Snowline Gold has a 1-year low of C$3.88 and a 1-year high of C$6.40.

About Snowline Gold

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.