Sabre Gold Mines (TSE:SGLD) Trading Down 2.6% – Should You Sell?

Shares of Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) dropped 2.6% on Wednesday . The company 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 Trading Down 10.0 %

The firm has a market capitalization of C$14.34 million, a P/E ratio of -6.00 and a beta of 1.10. The business’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.13. The company has a quick ratio of 0.75, a current ratio of 0.54 and a debt-to-equity ratio of 28.82.

About Sabre Gold Mines

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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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