Sabina Gold & Silver (TSE:SBB) Given New C$2.75 Price Target at BMO Capital Markets

Sabina Gold & Silver (TSE:SBB) had its price target increased by analysts at BMO Capital Markets from C$2.50 to C$2.75 in a note issued to investors on Wednesday, BayStreet.CA reports. BMO Capital Markets’ price target would indicate a potential upside of 36.14% from the company’s current price.

Separately, National Bank Financial boosted their price target on shares of Sabina Gold & Silver from C$2.60 to C$2.90 and gave the stock an “outperform” rating in a research note on Thursday, September 5th.

Shares of SBB stock traded up C$0.14 during mid-day trading on Wednesday, hitting C$2.02. The stock had a trading volume of 358,692 shares, compared to its average volume of 242,395. The firm has a market cap of $549.24 million and a PE ratio of -60.61. The company’s 50-day simple moving average is C$1.79 and its 200-day simple moving average is C$1.37. The company has a debt-to-equity ratio of 0.11, a current ratio of 5.74 and a quick ratio of 5.13. Sabina Gold & Silver has a fifty-two week low of C$0.99 and a fifty-two week high of C$2.28.

About Sabina Gold & Silver

Sabina Gold & Silver Corp., a precious metals company, engages in the exploration and development of mineral resource properties in Canada. The company primarily explores for gold deposit. Its flagship projects include Back River gold project comprising Goose, George, Boulder, Boot, and Del properties, as well as the port facility at Bathurst Inletthat covers an area of approximately 564 square kilometeres located in southwestern Nunavut, Canada; and silver royalty on the Hackett River project that consists of approximately 10,637 hectares, located in Nunavut, Canada.

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