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← CockpitCompetitor Analysis › SGD.TO Snowline Gold Corp.Open in the cockpit ↗

Snowline Gold Corp.SGD.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals

Explores large gold discoveries, including the Valley deposit, in Yukon's 'Rogue' district.

Momentum weak 35
Mkt cap
$1.93B
US dollars, full cap
Free float
76%
of shares outstanding
$/day
$3.04M
20-day average traded
P/B
25.66×
price to book
ROE
-90.2%
delivered
Implied ROE
86.1%
what the price asks
Next earnings
25 days
1 Dec 2026
Close · CADC$14.37
1D+4.7%
1W+9.7%
1M-4.8%
3M-12.8%
6M-5.7%
YTD-17.2%
1Y+22.4%
ATR %5.5%
52w lowhigh32.8% off high

What Snowline Gold does

Explores large gold discoveries, including the Valley deposit, in Yukon's 'Rogue' district.

Has no revenue; exploration is funded by selling shares, so progress shows up in drill results and capital raisings rather than sales. In a remote Yukon setting, any mine would first need infrastructure and permitting.

Products and services

  • Valley deposit (Rogue project)
  • Einarson project

Where it sits in the supply chain

  • Precious metals
  • Gold exploration
  • Yukon intrusion-related gold district

What could go right

  • Gold price strength
  • Further high-grade drill results expanding the district

What could go wrong

  • Remote Yukon location raises infrastructure/development costs
  • Pre-revenue financing needs

Moat: none (installed base). Large new discovery in an emerging Yukon gold district but pre-resource/pre-construction.

Headquarters: Vancouver, Canada · Employees: 35

Named competitors

Snowline Gold at a glance

Size Snowline Gold (SGD.TO) is a Canada Materials company (Precious Metals) with a market value of $1.93B, the 189th largest of 420 Canada companies the cockpit tracks. Shares closed at C$14.37 on 6 Nov 2026.

Performance Over six months the shares fell 5.7%, against -16.3% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 19 in its peer set.

Valuation It trades at 25.66× book value against a peer median of 3.04× (most expensive of 21).

Price implies The share price implies a return on equity of about 86.1%; Snowline Gold delivers -90.2%, so the price asks more than the business earns today.

Next results Next results expected around 1 Dec 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026SGD.TO 91Peer median 81
Six months, rebased to 100: Snowline Gold against the median of its 20 peers (local-currency closes).

Snowline Gold financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$0C$0C$0C$0C$0
Revenue growth—————
Gross profit-C$1.21M-C$1.13M-C$665,725-C$236,118-C$123,554
EBITDA-C$82.1M-C$67.5M-C$44.4M-C$31.0M-C$16.4M
Net income-C$71.0M-C$54.2M-C$31.2M-C$23.9M-C$12.8M
Free cash flow-C$68.6M-C$58.7M-C$35.7M-C$24.7M-C$15.9M
Capital expenditureC$1.03MC$794,665C$4.35MC$2.22MC$1.05M
Total debtC$156,000C$222,446C$40,706C$62,157C$80,508

Quarterly statements and history in the cockpit →

Snowline Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%-10%0%+10%OBMSVMMSADRD600531600459RSGHYMC0340SXGC300139ALK002237PPTAORESGD.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Snowline Gold is the large dot.

Fundamentals: return on equity against price-to-book

-150%-100%-50%0%50%100×200×OBMSINDSSMRSVMMSADRD600531RSGHYMCSXGC300139EDRPPTA001337BGLSGD.TOReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Snowline Gold is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%-50%0%50%100%-100%0%100%OBMSVMMSADRD600531600459HYMC0340SXGC300139EDRPPTA001337SGD.TOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Snowline Gold is the large dot.

Snowline Gold competitors and peer comparison

Head to head with its named competitors (SGD.TO vs WRN.TO vs WGO.V)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Snowline Gold SGD.TO$1.93B-6%n/a-90%25.66×86.1%
Western Copper and Gold WRN.TO$339M-48%n/a-3%1.70×19.3%
White Gold WGO.Vn/a-18%n/an/an/an/a

How Snowline Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Snowline Gold against its 20 peers (data as of 6 Nov 2026)
MeasureSGD.TOPeer medianRank in peer set
1-month return-4.8%-5.9%10th highest of 21
6-month return-5.7%-16.3%5th highest of 19
Return on equity-90.2%11.4%3rd lowest of 21
Price / book25.66×3.04×most expensive of 21
ROE the price implies86.1%26.1%5th most demanding of 21
ROE delivered-90.2%14.3%lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Snowline Gold SGD.TOCanada$1.93B-6%n/a-90%25.66×86.1%-90.2%
Ora Banda Mining OBM.AXAustralia$1.93B+4%+101%53%5.17×47.8%52.5%
Sinda SINDUnited States$1.95Bn/an/a-161%8.84×152.0%n/a
Sunshine Silver Mining & Refining SSMRUnited States$1.91Bn/a+422%-157%5.91×102.7%n/a
Silvercorp Metals SVM.TOCanada$1.99B-31%+59%4%1.99×24.6%3.6%
Mineros MSA.TOCanada$2.00B+73%+77%37%3.31×28.2%37.4%
DRDGOLD Ltd. Sponsored ADR DRDUnited States$2.00B-16%+53%40%2.84×14.8%39.6%
Henan Yuguang Gold & Lead 600531.SSChina$1.83B-32%+48%16%1.65×19.9%16.1%
Sino-Platinum Metals 600459.SSChina$2.06B-17%-27%8%1.49×15.8%8.0%
Resolute Mining RSG.AXAustralia$1.81B-12%+5%27%2.16×23.2%26.7%
Hycroft Mining HYMCUnited States$1.75B-51%n/a-72%7.36×123.4%-72.3%
Tongguan Gold 0340.HKHong Kong$1.73B-14%+65%26%2.77×11.8%25.5%
Southern Cross Gold Consolidated SXGC.TOCanada$1.65B-9%n/a-4%8.80×32.9%-3.5%
Beijing Xiaocheng Technology Stock 300139.SZChina$1.64B-25%+39%12%9.54×93.2%12.5%
Alkane Resources ALK.AXAustralia$1.63B+11%+403%31%2.11×25.3%31.3%
Endeavour Silver EDR.TOCanada$2.34B-20%+198%10%3.24×44.6%10.4%
Shandong Humon Smelting 002237.SZChina$2.44B-32%+25%9%1.16×11.1%8.6%
Perpetua Resources PPTAUnited States$2.44B-35%n/a-38%3.39×14.4%-37.8%
Sichuan Gold 001337.SZChina$2.52B-25%+57%33%7.70×79.2%33.2%
Orezone Gold ORE.TOCanada$1.46B+31%+93%25%2.26×18.1%25.4%
Bellevue Gold BGL.AXAustralia$1.46B-16%+14%1%2.51×26.9%0.9%

Questions

Who are Snowline Gold's main competitors?
Named competitors: Western Copper and Gold (WRN.TO), White Gold Corp (WGO.V). The cockpit's measured peer set (industry) also includes Ora Banda Mining (OBM.AX), Sinda (SIND), Sunshine Silver Mining & Refining (SSMR), Silvercorp Metals (SVM.TO), Mineros (MSA.TO), DRDGOLD Ltd. Sponsored ADR (DRD).
Is Snowline Gold expensive compared with its peers?
On price / book it trades at 25.66× against a peer median of 3.04×, most expensive of 21 in its peer set. The share price implies a return on equity of about 86.1%; Snowline Gold delivers -90.2%, so the price asks more than the business earns today.
How has Snowline Gold stock performed?
Over six months to 6 Nov 2026 the shares returned -5.7% against -16.3% for the median peer; over one year +22.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.