Sabre Gold Mines (TSE:SGLD) Shares Down 4.8%

Sabre Gold Mines Corp. (TSE:SGLDGet Rating) dropped 4.8% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 22,864 shares traded hands during trading, a decline of 30% from the average daily volume of 32,433 shares. The stock had previously closed at C$0.21.

Sabre Gold Mines Price Performance

The business’s fifty day moving average is C$0.19 and its 200-day moving average is C$0.13. The company has a debt-to-equity ratio of 83.39, a current ratio of 0.79 and a quick ratio of 0.75. The firm has a market cap of C$13.49 million, a PE ratio of -1.43 and a beta of 1.00.

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, which 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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