Sabre Gold Mines (TSE:SGLD) Stock Price Down 5.9% – Time to Sell?

Shares of Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) dropped 5.9% on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 1,750 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 63,915 shares. The stock had previously closed at C$0.17.

Sabre Gold Mines Stock Performance

The firm has a market capitalization of C$13.54 million, a PE ratio of -5.67 and a beta of 1.10. The company has a debt-to-equity ratio of 28.82, a quick ratio of 0.75 and a current ratio of 0.54. The business’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.13.

Sabre Gold Mines Company Profile

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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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