Sabre Gold Mines (TSE:SGLD) Sets New 52-Week High – Still a Buy?
by Tristan Rich · The Markets DailySabre Gold Mines Corp. (TSE:SGLD – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.23, with a volume of 1593681 shares changing hands. The stock had previously closed at C$0.23.
Sabre Gold Mines Stock Up 2.2 %
The company has a market capitalization of C$18.32 million, a P/E ratio of -7.67 and a beta of 1.10. The company has a debt-to-equity ratio of 28.82, a quick ratio of 0.75 and a current ratio of 0.54. The firm’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.12.
About Sabre Gold Mines
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.
Recommended Stories
- Five stocks we like better than Sabre Gold Mines
- Consumer Staples Stocks, Explained
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Stock Market Sectors: What Are They and How Many Are There?
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- What Are Growth Stocks and Investing in Them
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?