Skip to main content

Snowline Gold: Stocks Analysts Recently Downgraded on TSX-V (SGD)

AI-generated - The Globe and Mail - Tue Apr 9, 7:38PM CDT

Snowline Gold Corp is among the group of TSX Venture Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.

This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.

Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
SGDSnowline Gold Corp1100004.54.6667Outperform

All data provided as of April 05, 2024.

More about Snowline Gold Corp

Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.

Snowline Gold Corp is listed under SGD on the TSX Venture Exchange.

Artificial intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.