Sabina Gold & Silver (SBB) Given New C$2.60 Price Target at National Bank Financial

Sabina Gold & Silver (TSE:SBB) had its target price decreased by National Bank Financial from C$2.75 to C$2.60 in a research report issued to clients and investors on Wednesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 89.78% from the stock’s current price.

Shares of TSE:SBB traded up C$0.02 during trading on Wednesday, reaching C$1.37. The company had a trading volume of 9,325 shares, compared to its average volume of 232,961. Sabina Gold & Silver has a twelve month low of C$1.11 and a twelve month high of C$2.62. The company has a quick ratio of 3.09, a current ratio of 3.36 and a debt-to-equity ratio of 0.04.

Sabina Gold & Silver Company Profile

Sabina Gold & Silver Corp., a precious metals company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily holds 100% interest in the Back River gold project, which covers an area of approximately 55,000 hectares located in southwestern Nunavut, Canada; and silver royalty on the Hackett River project covering an area of approximately 13,000 hectares located in Nunavut, Canada.

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