Snowline Gold Corp. (CVE:SGD – Get Free Report) Director Calum Macleod Morrison purchased 25,000 shares of the stock in a transaction on Friday, December 6th. The shares were purchased at an average price of C$5.05 per share, for a total transaction of C$126,200.00.
Snowline Gold Price Performance
SGD traded up C$0.18 during midday trading on Monday, reaching C$5.19. 73,858 shares of the company’s stock traded hands, compared to its average volume of 135,392. The firm has a fifty day moving average of C$5.52 and a two-hundred day moving average of C$5.36. The stock has a market capitalization of C$822.62 million, a price-to-earnings ratio of -27.83 and a beta of 0.81. Snowline Gold Corp. has a 52 week low of C$3.88 and a 52 week high of C$6.40.
Wall Street Analyst Weigh In
Separately, CIBC cut their price objective on Snowline Gold from C$9.00 to C$7.00 in a report on Monday, December 2nd.
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.
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