In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Snowline Gold Corp. (SGD – Research Report), with a price target of C$8.50. The company’s shares closed yesterday at C$6.64.
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According to TipRanks, Winmill is a 4-star analyst with an average return of 6.2% and a 60.91% success rate. Winmill covers the Basic Materials sector, focusing on stocks such as Fortuna Silver Mines, Metals Corp, and Torex Gold Resources.
Snowline Gold Corp. has an analyst consensus of Strong Buy, with a price target consensus of C$13.00, representing a 95.78% upside. In a report released on February 24, Desjardins also initiated coverage with a Buy rating on the stock with a C$11.00 price target.
SGD market cap is currently C$1.05B and has a P/E ratio of -34.67.
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