Shares of Snowline Gold Corp. (CVE:SGD – Get Free Report) traded up 3% on Monday. The company traded as high as C$16.12 and last traded at C$15.93. Approximately 334,054 shares traded hands during mid-day trading, an increase of 99% from the average session volume of 168,067 shares. The stock had previously closed at C$15.47.
Snowline Gold Stock Performance
The company has a market cap of C$2.76 billion, a price-to-earnings ratio of -53.10 and a beta of 0.27. The firm’s 50 day simple moving average is C$15.93 and its 200-day simple moving average is C$15.93.
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. The company was formerly known as Skyledger Tech Corp. and changed its name to Snowline Gold Corp. in February 2021. Snowline Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
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