Insider Buying: Snowline Gold Corp. (CVE:SGD) Director Buys 25,000 Shares of Stock

Snowline Gold Corp. (CVE:SGD - Get Free Report) Director Calum Macleod Morrison acquired 25,000 shares of the firm's stock in a transaction that occurred on Friday, December 6th. The stock was purchased at an average price of C$5.05 per share, with a total value of C$126,200.00.

Snowline Gold Stock Up 5.8 %

SGD opened at C$5.30 on Tuesday. The stock has a market capitalization of C$840.05 million, a price-to-earnings ratio of -29.44 and a beta of 0.81. The firm has a 50 day moving average price of C$5.52 and a 200-day moving average price of C$5.36. Snowline Gold Corp. has a twelve month low of C$3.88 and a twelve month high of C$6.40.

Wall Street Analysts Forecast Growth

Separately, CIBC decreased their price target on Snowline Gold from C$9.00 to C$7.00 in a research note on Monday, December 2nd.

Get Our Latest Stock Analysis on SGD

About Snowline Gold

(Get Free Report)

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.

Further Reading

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