Desjardins Estimates Snowline Gold FY2024 Earnings

Snowline Gold Corp. (CVE:SGD) – Investment analysts at Desjardins issued their FY2024 earnings per share (EPS) estimates for Snowline Gold in a research report issued to clients and investors on Monday, February 24th. Desjardins analyst A. Carson anticipates that the company will earn ($0.20) per share for the year. Desjardins has a “Moderate Buy” rating on the stock. Desjardins also issued estimates for Snowline Gold’s FY2025 earnings at ($0.26) EPS, FY2026 earnings at ($0.24) EPS and FY2027 earnings at ($0.25) EPS.

SGD has been the topic of a number of other research reports. Scotiabank lowered their price target on Snowline Gold from C$9.50 to C$8.50 in a research report on Wednesday, January 15th. CIBC decreased their target price on Snowline Gold from C$9.00 to C$7.00 in a research report on Monday, December 2nd.

Snowline Gold Trading Up 0.3 %

Shares of SGD stock opened at C$6.48 on Thursday. The company has a market capitalization of C$1.05 billion, a P/E ratio of -59.99 and a beta of 0.81. The business’s 50 day moving average is C$5.59 and its two-hundred day moving average is C$5.45. Snowline Gold has a 12-month low of C$3.88 and a 12-month high of C$6.81.

Insider Activity

In other news, Director Calum Macleod Morrison bought 25,000 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were acquired at an average price of C$5.05 per share, for a total transaction of C$126,200.00. Company insiders own 27.64% of the company’s stock.

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.