Sabre Gold Mines (TSE:SGLD) Sets New 52-Week Low – What’s Next?

Shares of Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.09, with a volume of 29062 shares traded. The stock had previously closed at C$0.08.

Sabre Gold Mines Stock Up 6.3 %

The company has a market cap of C$6.77 million, a price-to-earnings ratio of -2.67 and a beta of 1.09. The firm has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.12. The company has a debt-to-equity ratio of 28.82, a current ratio of 0.54 and a quick ratio of 0.75.

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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