BMO Capital Thinks Sabina Gold & Slvr’s Stock is Going to Recover


Sabina Gold & Slvr (TSX: SBB), the Materials sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Andrew Kaip from BMO Capital rated Sabina Gold & Slvr (TSX: SBB) a Buy, setting a C$2.50 price target.

Kaip has an average return of 52.5% when recommending Sabina Gold & Slvr.

According to TipRanks.com, Kaip is ranked #4764 out of 4880 analysts.

Currently, the analyst consensus on Sabina Gold & Slvr is a Moderate Buy with an average price target of C$2.38.

The company has a one-year high of C$2.62 and a one-year low of C$1.11. Currently, Sabina Gold & Slvr has an average volume of 145.3K.

Sabina Gold & Silver Corp. engages in the acquisition, exploration and development of mineral resource properties. It holds interests in Nunavut, Back River Gold, Wishbone greenstone Belt and Hackett River projects. The company was founded on June 7, 1966 and is headquartered in Vancouver, Canada.

The company’s shares closed on Monday at C$1.22, close to its 52-week low of C$1.11.

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