Sabre Gold Mines (TSE:SGLD) Trading Up 2.7% – Should You Buy?

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) was up 2.7% during mid-day trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 2,500 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 58,178 shares. The stock had previously closed at C$0.19.

Sabre Gold Mines Stock Up 5.3 %

The company has a current ratio of 0.54, a quick ratio of 0.75 and a debt-to-equity ratio of 28.82. The stock has a 50-day moving average of C$0.18 and a 200-day moving average of C$0.14. The firm has a market cap of C$15.93 million, a price-to-earnings ratio of -6.67 and a beta of 1.10.

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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