Sabina Gold & Silver (TSE:SBB) PT Raised to C$3.20

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Sabina Gold & Silver (TSE:SBB) had its target price increased by investment analysts at National Bank Financial from C$2.95 to C$3.20 in a research note issued on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 160.16% from the company’s current price.

Shares of SBB stock opened at C$1.23 on Wednesday. The stock has a market cap of $370.67 million and a price-to-earnings ratio of -42.41. The stock has a 50-day moving average of C$1.45 and a 200-day moving average of C$1.70. The company has a current ratio of 4.64, a quick ratio of 4.07 and a debt-to-equity ratio of 0.08. Sabina Gold & Silver has a 1-year low of C$0.71 and a 1-year high of C$2.28.

Sabina Gold & Silver Company Profile

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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