Sabre Gold Mines (TSE:SGLD) Stock Price Up 18.2% – Should You Buy?

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

Sabre Gold Mines Price Performance

The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.12. The company has a market cap of C$8.36 million, a P/E ratio of -3.67 and a beta of 1.10. The company has a current ratio of 0.54, a quick ratio of 0.75 and a debt-to-equity ratio of 28.82.

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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