Sabre Gold Mines Corp. (TSE:SGLD – Get Free Report) rose 76% during mid-day trading on Monday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 201,248 shares changed hands during mid-day trading, an increase of 518% from the average daily volume of 32,590 shares. The stock had previously closed at C$0.13.
Sabre Gold Mines Stock Performance
The company has a quick ratio of 0.75, a current ratio of 0.54 and a debt-to-equity ratio of 28.82. The stock has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.12. The company has a market capitalization of C$18.32 million, a price-to-earnings ratio of -7.67 and a beta of 1.10.
About Sabre Gold Mines
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.
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