Sabre Gold Mines (TSE:SGLD) Shares Down 5.9% – What’s Next?

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) shares were down 5.9% on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 1,750 shares traded hands during 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 Price Performance

The firm has a market cap of C$12.74 million, a P/E ratio of -5.33 and a beta of 1.10. 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 business’s 50 day moving average is C$0.19 and its two-hundred day 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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