Sabre Gold Mines (OTCMKTS:SGLDF) Stock Price Passes Above 50-Day Moving Average – Here’s Why
by Sarita Garza · The Markets DailyShares of Sabre Gold Mines Corp. (OTCMKTS:SGLDF – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.16 and traded as high as $0.1643. Sabre Gold Mines shares last traded at $0.1631, with a volume of 6,558 shares traded.
Sabre Gold Mines Price Performance
The firm has a market cap of $12.02 million, a P/E ratio of -3.26 and a beta of 0.26. The stock’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.16.
About Sabre Gold Mines
Sabre Gold Mines Corp is a Canada-based mineral exploration and development company focused on gold projects in Nevada’s Walker Lane trend in the United States. The company’s principal business activity is the systematic exploration and advancement of gold prospects through geological mapping, trenching and drilling programs aimed at delineating and expanding mineral resources.
Sabre Gold Mines holds a portfolio of properties that includes the Golden Eagle project, located east of Hawthorne, Nevada, and the Ginger Ridge project near Mina, Nevada.