Sabina Gold & Silver (TSE:SBB) Shares Up 0.9% – Here’s Why

Sabina Gold & Silver Corp. (TSE:SBB)’s stock price shot up 0.9% during trading on Monday . The company traded as high as C$2.16 and last traded at C$2.16. 1,177,929 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 2,274,730 shares. The stock had previously closed at C$2.14.

Sabina Gold & Silver Stock Performance

The business’s 50 day moving average is C$2.16. The company has a quick ratio of 1.42, a current ratio of 1.45 and a debt-to-equity ratio of 2.01. The company has a market capitalization of C$1.20 billion, a PE ratio of -72.00, a PEG ratio of -1.32 and a beta of 0.87.

About Sabina Gold & Silver

Sabina Gold & Silver Corp., a precious metals company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold and silver deposit. Its flagship projects include Back River gold project comprising Goose, George, Boulder, Boot, Del, and Bath properties, as well as the port facility at Bathurst Inlet that covers an area of approximately 564 square kilometers located in Nunavut, Canada; and silver royalty on the Hackett River project that covers an area of approximately 10,637 hectares located in Nunavut, Canada.