Sabre Gold Mines (TSE:SGLD) Trading Down 2.6% – Time to Sell?

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report)’s share price was down 2.6% during trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 8,000 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 64,543 shares. The stock had previously closed at C$0.19.

Sabre Gold Mines Price Performance

The stock has a market capitalization of C$14.34 million, a price-to-earnings ratio of -6.00 and a beta of 1.10. The company has a current ratio of 0.54, a quick ratio of 0.75 and a debt-to-equity ratio of 28.82. The stock has a 50-day simple moving average of C$0.17 and a 200 day simple moving average of C$0.13.

Sabre Gold Mines Company Profile

(Get Free Report)

Sabre Gold Mines Corp. engages in the exploration and development of mineral properties. Its 100% owned flagship property is the Copperstone gold project that covers approximately 12,258 acres of surface area and mineral rights located in La Paz County, Arizona. The company was formerly known as Arizona Gold Corp.

Further Reading

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