Sabina Gold & Silver Corp (SBB) Price Target Increased to C$2.40 by Analysts at TD Securities

Sabina Gold & Silver Corp (TSE:SBB) had its price objective upped by TD Securities from C$1.70 to C$2.40 in a report issued on Wednesday, May 24th. They currently have an outperform rating on the stock.

Separately, Canaccord Genuity reissued a speculative buy rating and issued a C$1.90 target price on shares of Sabina Gold & Silver Corp in a research note on Tuesday, February 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of C$1.86.

Shares of Sabina Gold & Silver Corp (SBB) traded up 3.87% during trading on Wednesday, hitting $1.88. 257,862 shares of the company were exchanged. The stock’s market cap is $420.37 million. Sabina Gold & Silver Corp has a 12 month low of $0.84 and a 12 month high of $2.00. The company’s 50-day moving average price is $1.81 and its 200 day moving average price is $1.44.

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In other Sabina Gold & Silver Corp news, insider Sun Valley Gold Llc sold 500,000 shares of the firm’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of C$1.85, for a total transaction of C$925,000.00.

About Sabina Gold & Silver Corp

Sabina Gold & Silver Corp. is a precious metals company. The Company’s principal business activity is the exploration and development of mineral property interests. The Company’s principal assets are the Back River gold project and its silver royalty on the Hackett River project, both of which are located in Nunavut, Canada.

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