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


Wall Street analyst has provided a review for the Materials company on September 19, but retained the same rating on the stock. Analyst Andrew Breichmanas from BMO Capital rated Sabina Gold & Slvr (TSX: SBB) a Buy on September 19, setting a C$3 price target.

According to TipRanks.com, Breichmanas is a 3-star analyst with an average return of 9.1% and a 42.9% success rate. Breichmanas covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Pan American Silver, and Agnico Eagle.

Sabina Gold & Slvr has an analyst consensus of Moderate Buy, with a price target consensus of C$2.63.

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 156.1K.

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 Friday at C$1.23, close to its 52-week low of C$1.11.

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