Sabre Gold Mines (TSE:SGLD) Shares Up 18.2% – Time to Buy?

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report)’s stock price shot up 18.2% during trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 148,965 shares were traded during mid-day trading, an increase of 365% from the average session volume of 32,012 shares. The stock had previously closed at C$0.11.

Sabre Gold Mines Stock Down 8.0 %

The stock has a market cap of C$9.16 million, a P/E ratio of -4.17 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 has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.12.

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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