BMO Capital Believes Sabina Gold & Slvr (TSX: SBB) Still Has Room to Grow

By Jason Carr

Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Andrew Kaip from BMO Capital rated Sabina Gold & Slvr (TSX: SBB) a Buy, setting a C$2.40 price target.

According to TipRanks.com, Kaip is a 1-star analyst with an average return of -1.3% and a 32.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Endeavour Silver Corp.

Sabina Gold & Slvr has an analyst consensus of Moderate Buy, with a price target consensus of C$1.83.

The company has a one year high of C$2 and a one year low of C$0.84. Currently, Sabina Gold & Slvr has an average volume of 354.2K.

Sabina Gold & Silver Corp. is an exploration company, which focuses on 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 last Tuesday at $1.91, close to its 52-week high of $2.